From Amazon to McDonald’s, strong earnings show U.S. consumer resilience
By Ananya Mariam Rajesh and Aishwarya Venugopal (Reuters) – In a strong quarter for earnings, the big consumer stocks have…
Month: October 2023
Lower prices, oversupply to weigh on lithium miners
By Arunima Kumar (Reuters) – Albemarle Corp, the world’s largest producer of lithium, is expected to report lower quarterly profit…
Pfizer RSV vaccine lags GSK’s as head-to-head competition underway
By Michael Erman (Reuters) – Pfizer, which dominated COVID vaccine sales, now finds itself looking up at GSK, whose rival…
McDonald’s gets sales lift from cheaper menu, new launches
By Deborah Mary Sophia (Reuters) – McDonald’s beat Wall Street estimates for quarterly results on Monday, powered by new launches,…
China EV maker BYD reports record quarterly profit of $1.42 billion in Q3
BEIJING/SHANGHAI (Reuters) – China’s BYD Co Ltd on Monday posted record third-quarter earnings, its highest ever for any quarter, as…
Exclusive-G7 to agree AI code of conduct for companies -G7 document
By Foo Yun Chee BRUSSELS (Reuters) -The Group of Seven industrial countries will on Monday agree a code of conduct…
China’s foreign minister suggests road to Xi-Biden summit will not be smooth
BEIJING (Reuters) -China’s Foreign Minister Wang Yi said the “road to the San Francisco summit will not be a smooth…
U.S. appeals court keeps California assault weapons ban in force
By Steve Gorman LOS ANGELES (Reuters) – A U.S. appeals court ruled on Saturday that California’s assault weapons ban will…
US Republican presidential candidate Ramaswamy confirms Musk attended fundraiser
By Alexandra Ulmer LAS VEGAS (Reuters) – Longshot U.S. Republican presidential candidate Vivek Ramaswamy confirmed to Reuters on Saturday that…
U.S., China agree to work toward an expected Biden-Xi summit
By Humeyra Pamuk and Michael Martina WASHINGTON (Reuters) -The U.S. and China have agreed to work together toward an expected…