(Reuters) – Colgate-Palmolive Co raised its full-year organic sales forecast on Friday, betting on consistent price hikes and steady demand for its pet nutrition products. The company’s sh[...]
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April 28, 2023
After Reliance-Warner deal, JioCinema pricing, local content in focus
By Shilpa Jamkhandikar, Aditya Kalra and Munsif Vengattil MUMBAI (Reuters) – The video streaming business of Mukesh Ambani, Asia’s richest person, is likely to focus on pricing and local c[...]
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Sharpie-maker Newell sees 2023 profit at low end of forecast on higher costs, softer demand
(Reuters) – Sharpie-maker Newell Brands Inc on Friday forecast annual sales and profit at the low end of its previous outlook, signaling a hit from softer demand for its products and higher cost[...]
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Embraer sees positive outlook for Ipanema aircraft after higher Q1 sales
SAO PAULO (Reuters) – Brazilian planemaker Embraer SA said on Friday it has sold 33 Ipanema 203 aircraft in the first quarter of 2023, a 38% increase from the same period of 2021, predicting to[...]
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Toyota-affiliate Daihatsu rigged safety test for 88,000 cars
TOKYO (Reuters) – Toyota Motor Corp affiliate Daihatsu rigged part of the door in side-collision safety tests carried out for some 88,000 small cars, most of which were sold under the Toyota bra[...]
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In change for oil market, new US crude in Brent index lacks loading plan
By Alex Lawler LONDON (Reuters) – The U.S. crude oil being added to the global Brent benchmark will lack the list of cargoes scheduled to load that could help set the price, a change for an indu[...]
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Sony expects profit to slip despite record PlayStation 5 sales
By Kiyoshi Takenaka and Tim Kelly TOKYO (Reuters) -Sony Group Corp on Friday said PlayStation 5 sales will jump by six million units this business year, but forecast its profit will slip from a record[...]
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Amazon sees cloud slowdown in April, shares erase gains
By Akash Sriram, Jeffrey Dastin and Arriana McLymore (Reuters) -Amazon.com Inc signaled on Thursday its long lofty cloud growth would slow further as its business customers braced for turbulence and c[...]
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Chile’s lithium takeover plan faces technical, political challenges
By Fabian Cambero SANTIAGO (Reuters) -While Chile’s plan to take control of its lithium industry has caused global shockwaves, state-led production of the metal used to make electric vehicle bat[...]
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