Wednesday, November 13, 2024

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Electrolux Q3 profit lags expectations

STOCKHOLM (Reuters) -Sweden's Electrolux, the world's second-biggest appliances maker, reported on Friday a smaller third-quarter adjusted operating profit than expected...

WiseTech Shares Soar After CEO White Switches to New Role

(Bloomberg) -- WiseTech Global Ltd. shares rebounded immediately after Chief Executive Officer Richard White shifted to a different role in...

Remy Cointreau cuts sales outlook as US, China weigh on Q2

PARIS (Reuters) - French spirits maker Remy Contreau on Friday warned it no longer expected sales to gradually recover in...

Mercedes car earnings plunge 64% in Q3 on weak luxury demand in China

(Reuters) - German premium automaker Mercedes-Benz on Friday said third-quarter earnings in the core car division plunged by 64% as...

Mercedes car earnings plunge 64% in Q3 on weak luxury demand in China

(Reuters) -German premium automaker Mercedes-Benz on Friday said third-quarter earnings in the core car division plunged by 64% as Chinese...

Holcim profit beats forecasts in third quarter

ZURICH (Reuters) - Holcim reported better than expected operating profit during its third quarter, the construction materials maker said on...

AI-generated child sexual abuse images are spreading. Law enforcement is racing to stop them

WASHINGTON (AP) — A child psychiatrist who altered a first-day-of-school photo he saw on Facebook to make a group of...

Hedge funds have cut most Chinese stock purchase since late September, says Goldman

By Summer Zhen HONG KONG (Reuters) - Global hedge funds dumped China and broader emerging markets shares while buying U.S....

North Carolina lawmakers approve $600M more for Helene recovery, order more voting sites

RALEIGH, N.C. (AP) — North Carolina state lawmakers signed off on a measure Thursday to provide over $600 million more...

Bond Yields Decline as Asian Stocks Fluctuate: Markets Wrap

(Bloomberg) -- Treasuries and major equity benchmarks advanced in Asian trading, with Japan an exception as a stronger yen provided...

Record Defaults Hit $800 Billion Chinese Local Debt Market

(Bloomberg) -- Defaults in an opaque corner of China’s local debt market have surged to a record high, ensnaring investors...

Xi’s Stimulus Package Met With Wall of Skepticism in Washington

(Bloomberg) -- President Xi Jinping’s boldest economic stimulus since the pandemic failed to impress global luminaries gathered in Washington this...

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