Labcorp cuts 2023 profit forecast on drug development woes
Laboratory Corp of America Holdings cut its annual profit forecast on Thursday, as the clinical lab operator grapples
2023-07-27 20:47
Wall Street suddenly appears confident America will avoid a recession
Cyclical stocks that tend to rise and fall with the economy are rallying, the latest sign that investors are becoming more optimistic about the possibility of a "soft landing," i.e. no recession.
2023-07-27 19:56
Microsoft Teams Faces EU Antitrust Probe in Salesforce Clash
Microsoft Corp. faces a European Union probe over concerns it’s driving out competition by unfairly bundling its Teams
2023-07-27 19:23
Adani Lenders Weigh Up to $750 Million Loan for Ambuja Debt
Barclays Plc, Deutsche Bank AG and Standard Chartered Plc are in talks to lend between $600 million and
2023-07-27 19:20
Meta rallies as AI-powered ad sales drive 'monster' forecast
By Aditya Soni (Reuters) -Meta shares surged nearly 9% on Thursday as a rosy revenue forecast showed that artificial intelligence
2023-07-27 19:18
Abrdn Appoints New CFO, Closes Former Flagship Fund
Abrdn Plc appointed Aviva Plc veteran Jason Windsor as its new chief financial officer following the departure of
2023-07-27 18:53
Just Eat CEO Says Grubhub Sale Is Proving ‘Very Difficult’
Just Eat Takeaway.com NV is finding it difficult to complete the sale of its US business, Grubhub Holdings
2023-07-27 18:52
Meta on Track to Hit Levels Last Seen Before Historic Crash
Meta Platforms Inc. is back. Nearly 18 months after setting the record for the biggest market value wipeout
2023-07-27 18:50
Southwest Hits Profit Estimates, Faces Continued Rising Costs
Southwest Airlines Co. reported second-quarter earnings that matched Wall Street’s estimates as rising costs countered gains from a
2023-07-27 18:47
Analysis-Investors manoeuvre, warily, for long-shot BOJ policy move
By Kevin Buckland TOKYO From a rising yen to debt market derivatives, market signals reveal how investors are
2023-07-27 17:57
Former Malaysia Central Banker Deposes in Najib’s 1MDB Trial
A former Bank Negara Malaysia chief testified against the country’s ex-Prime Minister Najib Razak in a trial linked
2023-07-27 17:48
Singapore Airlines Posts Record Quarterly Profit With 98% Jump
Singapore Airlines Ltd.’s net income climbed 98% from a year earlier in the three months through June to
2023-07-27 17:48