By Roberto Samora and Ana Mano SAO PAULO (Reuters) – JBS SA, the world’s largest meat company, on Thursday reported a net loss of 1.45 billion reais ($290.2 million) for the first quarter,[...]
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May 11, 2023
Canada’s Sun Life beats profit estimates on strong insurance sales
(Reuters) -Canada’s second-biggest life insurer Sun Life Financial Inc on Thursday beat analysts’ estimates for first-quarter profit, powered by strong insurance sales at home and in the U[...]
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Marketmind: A nervous end to a jittery week
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Asian markets look poised to end the week on a nervous note on Friday, after soft U.S. and Chinese dat[...]
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Southwest pilots vote to authorize strike
(Reuters) – Southwest Airlines Co pilots’ union said on Thursday its members had approved a strike mandate by an overwhelming majority ahead of the busy summer travel season. The Southwest[...]
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Brazil’s Petrobras posts 14% profit dip, but beats expectations
SAO PAULO (Reuters) -Brazil’s state-run oil company Petrobras reported a 14.4% decline in first-quarter net profit, hit by lower oil prices, the firm said in a statement on Wednesday, a result t[...]
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United Airlines pilot union wants to ‘raise the bar’ from Delta’s contract
By Rajesh Kumar Singh CHICAGO (Reuters) -United Airlines pilots want higher pay than their counterparts at Delta Air Lines and at least similar improvements in work-life balance in their new contract,[...]
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Microsoft to defend Activision deal in gamers’ lawsuit in US court
By Mike Scarcella (Reuters) – Microsoft Corp on Friday will defend its $69 billion planned acquisition of “Call of Duty” maker Activision Blizzard Inc, in a private antitrust lawsuit[...]
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Brazil’s crusading justice Moraes ratchets up fight with global tech giants
By Ricardo Brito BRASILIA (Reuters) -The head of Brazil’s electoral authority, Supreme Court Justice Alexandre de Moraes, delivered a stern warning to the world’s top tech companies on Wed[...]
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Peloton recalls 2.2 million exercise bikes over seat issue
(Reuters) -Peloton Interactive Inc will recall 2.2 million exercise bikes due to the risk of injuries from a seat-related issue, the company said on Thursday, sending its shares down 7%. The voluntary[...]
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