By Tim Hepher and David Shepardson PARIS/WASHINGTON (Reuters) -Boeing Co Chief Executive Dave Calhoun pointed toward future increases in narrow-body jet production and voiced hopes that an upcoming vi[...]
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February 1, 2023
Supermarket Asda, startup HVS receive UK hydrogen self-driving lorry grant
By Nick Carey LONDON (Reuters) – A consortium including Hydrogen truck startup HVS and supermarket chain Asda said on Wednesday it had been awarded a 6.6 million pound ($8.1 million) UK governme[...]
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South Korea factory activity contracts in January at slightly milder pace – PMI
SEOUL (Reuters) – South Korea’s factory activity contracted for a seventh straight month in January, a business survey showed on Wednesday, amid weak global demand and soaring COVID-19 inf[...]
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Wall St gains over 1% after encouraging inflation data with Fed next
By Lewis Krauskopf, Johann M Cherian and Shreyashi Sanyal NEW YORK (Reuters) – Major U.S. stock indexes closed over 1% higher on Tuesday as labor cost data encouraged investors about the Federal[...]
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Snap swings to quarterly net loss, expects lower Q1 rev; shares fall
By Sheila Dang (Reuters) -Snap Inc on Tuesday said current quarter revenue could decline by as much as 10%, sending its shares down 14% as the company struggles with weak advertising demand. The owner[...]
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Oreo maker Mondelez tops quarterly estimates as snack demand holds up
By Deborah Mary Sophia and Aatrayee Chatterjee (Reuters) – Mondelez International Inc topped market expectations for quarterly results on Tuesday, boosted by resilient demand for chocolates and[...]
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Western Digital gets $900 million investment from Apollo, Elliot
By Chibuike Oguh and Tiyashi Datta NEW YORK (Reuters) – Memory chip maker Western Digital Corp said on Tuesday it will receive $900 million through a convertible preferred stock deal from privat[...]
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Traders see inflation falling this year – JPMorgan survey
By Naomi Rovnick LONDON (Reuters) – Most traders believe global inflation has peaked, while potential recession has emerged as the main risk to markets this year, according to a survey released[...]
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