Citgo posts $937 million first quarter profit on strong margins
HOUSTON Refiner Citgo Petroleum Corp has reported first quarter net profit of $937 million on strong motor fuel
2023-05-11 22:45
Peloton is recalling 2 million bikes because seats could break in the middle of a ride
Peloton is recalling 2 million bikes because of a safety hazard caused by the adjustable seat that could break during use and injure the rider.
2023-05-11 22:29
Bain, Abu Dhabi Buy Stake in CI Financial’s US Wealth Unit
Canadian asset manager CI Financial Corp. is selling a 20% stake in its US wealth management unit to
2023-05-11 21:53
JD’s CEO Exits After a Year at the Helm as Growth Dwindles
JD.com Inc.’s chief executive officer is departing after about a year at the post, a surprise move that
2023-05-11 20:27
Jerome Powell is losing America's confidence
Americans are losing faith in Federal Reserve Chair Jerome Powell. That's bad news.
2023-05-11 20:19
Electric vehicle maker Polestar lowers production guidance, cuts jobs
STOCKHOLM Swedish electric vehicle (EV) maker Polestar said on Thursday it had lowered its 2023 production guidance and
2023-05-11 19:56
Prada's sales up 22% in the first quarter on robust growth in Asia, Europe
MILAN Sales at Italian luxury group Prada rose 22% in the first quarter, to 1.065 billion euros ($1.17
2023-05-11 19:56
Bank of England hikes interest rates for 12th time in battle with inflation
The Bank of England raised interest rates by a quarter of a percentage point Thursday, hiking for the twelfth consecutive time as it battles inflation above 10%.
2023-05-11 19:21
Tapestry raises annual profit forecast on higher prices, strong demand
Tapestry Inc raised its annual profit forecast on Thursday, betting that price increases and strong demand for its
2023-05-11 18:58
Apple supplier Foxconn's Q1 profit plunges, outlook "conservative"
By Yimou Lee TAIPEI (Reuters) -Apple Inc supplier Foxconn on Thursday posted a 56% plunge in first-quarter net profit, lagging
2023-05-11 17:29
Nissan sees 38% full-year profit rise on stronger sales outlook
TOKYO (Reuters) -Japan's Nissan Motor Co on Thursday said it expects operating profit to rise 38% this year on a
2023-05-11 15:58
South Korea-Japan Deal Helps Counter Pyongyang, Adviser Says
A deal between South Korea and Japan to remedy a long-running impasse can help work with their US
2023-05-11 15:56