Author Archives: Syndicated Content
Brazil’s Cielo Q2 net profit soars, beating forecasts
(Corrects headline and first paragraph to say net profit more than tripled, not doubled) SAO PAULO (Reuters) - Brazilian payment processor Cielo SA said on Tuesday its second-quarter net profit more t...
Aug 02, 2022
Argentina’s latest economy chief announces new agriculture pick
By Nicols Misculin BUENOS AIRES (Reuters) - Argentina's incoming economy minister, dubbed a "superminister" due to his expanded portfolio, announced new secretary picks including for the key farm sect...
Aug 02, 2022
Golf-Woods not named as assistant for U.S. Presidents Cup team
(Reuters) - Tiger Woods will not be an assistant at this year's Presidents Cup after U.S. captain Davis Love III on Tuesday named Steve Stricker and Webb Simpson as his final two assistants for the Se...
Aug 02, 2022
Fossil fuel side deal for U.S. climate bill slammed by green groups
By Nichola Groom (Reuters) - A deal among U.S. Senate Democrats that would provide faster approvals for fossil fuel projects in exchange for party-line support for a spending bill focused on tackling ...
Aug 02, 2022
Robinhood cutting workforce by 23%
By Hannah Lang (Reuters) -Retail trading platform Robinhood Markets Inc said on Tuesday it is laying off about 23% of its employees, sending its shares down more than 3% in extended trading. The compa...
Aug 02, 2022
Steelmaker Ternium reports 19% drop in Q2 net profit as costs grow
MEXICO CITY (Reuters) -Steel producer Ternium reported on Tuesday a 19% drop in its second-quarter net profit from the year-ago period, as the costs of sales and expenses grew. The company's net profi...
Aug 02, 2022
White House competition adviser set to step down in coming months -source
WASHINGTON (Reuters) - White House competition adviser Tim Wu plans to step down in the coming months and return to the academic world, a source told Reuters. President Joe Biden named Wu, a Columbia ...
Aug 02, 2022
Gilead quarterly profit falls as COVID antiviral sales decrease
(Reuters) - Gilead Sciences Inc on Tuesday said its second-quarter adjusted profit fell 13% due to higher research and royalty costs as well as a downturn in sales of its COVID-19 antiviral drug Veklu...
Aug 02, 2022
Occidental Petroleum posts higher quarterly profit
(Reuters) - Occidental Petroleum Corp posted a sequential rise in second-quarter profit, as the U.S. shale producer benefited from higher crude prices. The company's net earnings attributable to commo...
Aug 02, 2022
AMD forecasts current-quarter revenue largely below estimates
(Reuters) -Advanced Micro Devices Inc on Tuesday forecast third-quarter revenue largely below estimates, sending the chip designer's shares down 5%. The company expects revenue of $6.7 billion, plus o...
Aug 02, 2022
