UPS says its profit will fall after it reaches a Teamsters deal. Its stock is sinking sharply
UPS reported a sharp drop in revenue and profit in the second quarter. The company also cut its profit forecast, expecting narrower margins in the wake of its tentative deal with the Teamsters union.
2023-08-08 18:46
Marketmind: China trade data disappoints, again
A look at the day ahead in U.S. and global markets by Alun John. U.S. equity markets saw their first
2023-08-08 18:29
US small business confidence rises to 8-month high in July, NFIB says
By Safiyah Riddle U.S. small business confidence edged up to an eight-month high in July, as concerns about
2023-08-08 18:27
UPS cuts revenue view on lower e-commerce demand, new labor contract
(Reuters) -United Parcel Service on Tuesday cut its 2023 revenue and margin forecast, hurt by softening e-commerce demand and an
2023-08-08 18:25
US small businesses feel better about the economy, but still can't find enough skilled workers
US small businesses are noticing slightly better business conditions and are feeling less pessimistic about the economy's future, but they're still gloomy when it comes to hiring, according to a survey released Tuesday by the National Federation of Independent Business.
2023-08-08 18:22
Barrick beats quarterly profit estimates on higher gold prices
Barrick Gold Corp beat analysts' expectations for second-quarter profit on Tuesday, as the Canadian gold miner benefited from
2023-08-08 18:18
Japan's tech investor SoftBank trims losses and promises offensive turnaround
Japanese technology company SoftBank Group continued to rack up losses for the fiscal first quarter as technology investments soured amid a market downturn
2023-08-08 17:59
Europe stocks dip as Italian banks hit by windfall tax
By Shashwat Chauhan (Reuters) -European shares dropped on Tuesday as Italian banks came under pressure after the cabinet approved a
2023-08-08 17:55
Mixed year for French wine but champagne fizzes
PARIS French wine production in 2023 is expected to be near the average of the last five years,
2023-08-08 17:54
China's car sales fall for 2nd month in July as price war continues
By Qiaoyi Li and Miyoung Kim BEIJING (Reuters) -China's passenger vehicle sales fell for a second month in July, as
2023-08-08 17:29
Stock market today: Global markets lower ahead of US inflation update
Global stock markets and Wall Street futures are lower ahead of this week's U.S. inflation update
2023-08-08 17:25
Greek EU-harmonised inflation rises to 3.5% y/y in July
Greece's annual EU-harmonised inflation accelerated to +3.5% in July from +2.8% in June, data showed on Tuesday. EU-harmonised
2023-08-08 17:22