Business News page: 1

Nostalgia served up at new Big Boy restaurant

The Oakland Press | 2023-08-04, 10:19

An elderly woman walked into a new Big Boy restaurant on Grand River Avenue in Farmington and explained she met her husband at an eatery in the chain about 80 years ago. He’s gone now, the woman explained to the owner, Al Baydoun. She asked Baydoun if he could

Ikaria Lean Belly Juice Review ⚠️((WARNING!)) Ikaria Juice - Lean Belly Juice - Ikaria Review 2023

Bitchute | 2023-08-04, 10:19

Go to the source via the article link to view the video. ...

Credit Agricole beats estimates on insurance, consumer finance

Reuters | 2023-08-04, 10:17

SummaryCompanies Credit Agricole posts record Q2 earnings, salesAgrees to acquire wealth manager Degroof PetercamTop investor to buy 1 bln euros worth of shares PARIS, Aug 4 (Reuters) - Credit Agricole SA, France's second-largest listed bank, reported

Maersk warns of slower demand for container shipping

Reuters | 2023-08-04, 10:17

COPENHAGEN, Aug 4 (Reuters) - Shipping group A.P. Moller-Maersk (MAERSKb.CO) warned on Friday of a steeper decline in global demand for shipping containers by sea this year prompted by muted economic growth and customers reducing inventories. The company, one

This Software Market Is Crazy!

Forbes | 2023-08-04, 10:17

The trade compliance market is crazy. The market grew by double digits year over year, yet there is no standard user for this type of software and no common process. ...

Citigroup's Asia family office clients poised to grow 25% in 2023

Reuters | 2023-08-04, 10:17

HONG KONG, Aug 4 (Reuters) - Citigroup's (C.N) Asia family office business expects a 25% increase in clients this year, the U.S. bank's regional head of its family office advisory business said, as Singapore and Hong Kong vie to attract more wealth.

Japan's SoftBank Corp posts 2.1% increase in Q1 profit

Reuters | 2023-08-04, 10:17

TOKYO, Aug 4 (Reuters) - Japan's SoftBank Corp (9434.T), the domestic telecoms arm of SoftBank Group (9984.T), posted a 2.1% increase in first quarter operating profit on Friday. Operating profit was 246.3 billion yen ($1.73 billion) in

German property giant Vonovia slips to $2.1 bln loss as sector struggles

Reuters | 2023-08-04, 10:17

DUESSELDORF, Aug 4 (Reuters) - Germany's largest real estate group Vonovia slipped to a 2 billion euro ($2.19 billion) second quarter loss and wrote down the value of its properties by 3 billion euros on Thursday in the latest sign of stress in the

EnBW sees FY adjusted EBITDA at upper end of forecast range

Reuters | 2023-08-04, 10:17

BERLIN, Aug 4 (Reuters) - German utility EnBW (EBKG.DE) confirmed its full-year outlook on Friday, with adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) now expected to be at the upper end of the forecast range of 4.7-5.2

Airbus delivered 381 jets in first seven months of 2023

Reuters | 2023-08-04, 10:17

PARIS, Aug 4 (Reuters) - Airbus (AIR.PA) deliveries rose 11% in the first seven months of the year to 381 airplanes, the European planemaker said on Friday. For July, deliveries stood at 65 aircraft, it said

Mesoblast shares tank after US FDA rejects cell therapy for children

Reuters | 2023-08-04, 10:17

Companies Mesoblast LtdFollow U.S. Food and Drug AdministrationFollow Aug 4 (Reuters) - The U.S. health regulator rejected Mesoblast's (MSB.AX), cell therapy for children under 12 years of age for treating a type of complication that occurs after a stem

Finland utility Fortum's second-quarter core profit lags forecast

Reuters | 2023-08-04, 10:17

SummaryCompanies Q2 EBITDA drops to 344 mln euros vs 364 mln estimateFortum reviews recycling, waste businessesPower generation profit improves HELSINKI, Aug 4 (Reuters) - Finnish utility Fortum (FORTUM.HE) posted on Friday weaker-than-expected second-quarter

Ad group WPP says outlook unclear after US tech client retreat

Reuters | 2023-08-04, 10:17

SummaryCompanies WPP cuts full-year growth forecast to 1.5-3.0%CEO says group 'taken by surprise' by tech retreatShares fall 7.2% LONDON, Aug 4 (Reuters) - WPP (WPP.L), the world's biggest advertising group, downgraded its full-year growth

India's Mahindra and Mahindra Q1 profit nearly doubles on higher SUV sales

Reuters | 2023-08-04, 10:17

Companies Mahindra and Mahindra LtdFollow Maruti Suzuki India LtdFollow Tata Motors LtdFollow BENGALURU, Aug 4 (Reuters) - India's Mahindra and Mahindra (MAHM.NS) on Friday reported a first-quarter profit that nearly doubled, surpassing estimates, driven

KFC operator Devyani International profit slumps on expenses, weak currency

Reuters | 2023-08-04, 10:17

BENGALURU/CHENNAI, Aug 4 (Reuters) - India's Devyani International (DEVY.NS) reported an 84% slump in its quarterly profit on Friday as the domestic operator of Pizza Hut and KFC restaurants was swamped by higher expenses and tepid currency in key market

Typhoon Khanun eases off Japan's Okinawa, but islands brace for return of \

Reuters | 2023-08-04, 10:17

TOKYO, Aug 4 (Reuters) - Typhoon Khanun weakened slightly and hovered in the East China Sea on Friday, but it is still expected to approach Japan's Okinawa islands again, and even head for the main islands, making it what forecasters said was a "very

Capita flags up to $32 mln costs related to cyber incident

Reuters | 2023-08-04, 10:17

Aug 4 (Reuters) - Capita (CPI.L) said on Friday it expected net exceptional costs of up to 20-25 million pounds ($32 million) related to the cyber incident which rocked the British outsourcing firm in March. The group, however, retained its full-year earnings

Commerzbank shares slump on outlook, despite 20% profit rise

Reuters | 2023-08-04, 10:17

FRANKFURT, Aug 4 (Reuters) - Commerzbank's shares sank 5% on Friday, despite a big jump in net profit in the second quarter, after the German lender raised its cost outlook and cut its commission income forecast. The less rosy outlook for net commission

Oil prices set for sixth weekly gain on pledged output cuts

Reuters | 2023-08-04, 10:17

Summary Saudi, Russia pledge output cuts ahead of OPEC+ meetingOPEC+ unlikely to tweak overall oil output policyU.S. to ensure "energy market promotes growth"U.S. non-farm payroll data in focus SINGAPORE, Aug 4 (Reuters) - Oil prices rose for a

Analysis: Surging U.S. crude oil exports disrupt European, Asian prices

Reuters | 2023-08-04, 10:17

SINGAPORE, Aug 4 (Reuters) - Surging U.S. crude exports in 2023 are pushing down oil prices in Europe and Asia, proving a key source of supply as producers cut output and sanctions on Russian crude disrupt trade flows. The introduction in June of U.S. crude

London's mayor widens car scrappage incentives to calm clean air zone outcry

Reuters | 2023-08-04, 10:17

LONDON, Aug 4 (Reuters) - London's mayor will offer incentives to all drivers to scrap old petrol or diesel vehicles in a bid to calm an outcry over a clean air scheme which has put pressure on the opposition Labour Party before national elections

Italy's Monte dei Paschi profits rise tenfold, top forecast

Reuters | 2023-08-04, 10:17

MILAN, Aug 4 (Reuters) - State-owned Monte dei Paschi di Siena (BMPS.MI) on Friday became the latest Italian bank to post above-forecast earnings for the second quarter as higher rates boost profits for the industry. Monte dei Paschi (MPS) said net income for

Exxon Baytown, Texas, refinery resuming normal operations

Reuters | 2023-08-04, 10:17

Companies Exxon Mobil CorpFollow HOUSTON, Aug 3 (Reuters) - ExxonMobil's (XOM.N) 564,440 barrel-per-day (bpd) Baytown, Texas, refinery is resuming normal operations on Thursday, company spokesperson Lauren Kight said, following a malfunction on a unit

The GamesIndustry.biz Investment Summit returns to EGX in London

Games Industry | 2023-08-04, 10:01

The GamesIndustry.biz Investment Summit is back at EGX on Thursday, October 12th. The event

RITES eyes high-margin consultancy businesses, hopeful of export orders materialising soon

Business Line | 2023-08-04, 09:59

RITES Ltd is looking to bid for high margin consultancy businesses in India and overseas,

F&O Query: Will the 170 PE on ONGC become ITM option?

Business Line | 2023-08-04, 09:59

I would like to know the chances of the August expiry 170 PE on ONGC becoming profitable – Shiburaj Rajagopalan ONGC (₹173): It

Shares rise on Dabur’s Q1 performance

Business Line | 2023-08-04, 09:59

Dabur India Ltd.’s shares went up by 2.96 per cent and reported a 3.5 per cent profit increase for the quarter ending June 30, 2023, at ₹456.61 crore compared to ₹441.06 crore during the corresponding quarter last year. The company’s revenues were up by

China-Mongolia border port sees rising goods volume

China.dot.org | 2023-08-04, 09:59

HOHHOT, Aug. 4 (Xinhua) -- The volume of goods handled this year by Ganqmod Port, the largest highway port on the

1st LD-Writethru: Chinese shares close higher Friday

China.dot.org | 2023-08-04, 09:59

BEIJING, Aug. 4 (Xinhua) -- Chinese stocks closed higher Friday, with the benchmark Shanghai Composite Index up

Tata Punch iCNG Launched In India Priced At Rs 7.10 Lakh: Check Details

Zeenews | 2023-08-04, 09:57

Tata Punch iCNG has been launched with multiple changes spread across five variants giving it a starting price of Rs 7.10 lakh and maximum price of Rs 9.67 lakh. (all prices ex-showroom) ...


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