By Martin Coulter LONDON (Reuters) – A British union has filed a legal challenge against Amazon, accusing the U.S. ecommerce giant of inappropriately influencing warehouse workers to vote agains[...]
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July 18, 2024
Abbott raises profit forecast on strong medical device sales
By Leroy Leo and Puyaan Singh (Reuters) -Abbott Laboratories raised its annual profit forecast on Thursday after its second-quarter earnings edged past Wall Street estimates on double-digit growth in[...]
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Amazon Prime Day boosts US online sales to record $14.2 billion, Adobe says
(Reuters) -Shoppers spent a record $14.2 billion online across retailers in the United States during the 48-hour Amazon Prime Day event, according to a report from Adobe Analytics on Thursday. The Ama[...]
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J&J beats Wall St estimates on strong drug sales ahead of Stelara competition
(This July 17 story has been corrected to clarify that the CFO did not suggest that pending Stelara insurance contracts would be ‘favorable,’ in paragraph 4) By Patrick Wingrove and Bhanvi[...]
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India’s Infosys raises annual sales forecast as IT demand returns
By Sai Ishwarbharath B and Haripriya Suresh BENGALURU (Reuters) – Infosys topped quarterly results estimates on Thursday as a recovery in demand from clients in its mainstay financial services b[...]
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Insurance broker TWFG prices US IPO above range to raise about $187 million
(Reuters) – Insurance broker TWFG, backed by U.S. reinsurer RenaissanceRe, said on Wednesday it priced its initial public offering (IPO) above its indicated range, seeking to raise up to $187 mi[...]
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Big central banks are starting to cut rates, slowly
By Naomi Rovnick and Dhara Ranasinghe LONDON (Reuters) – The move to ease monetary policy among major central banks is proving much slower than the race to jack up interest rates from late 2021[...]
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Textron posts quarterly profit beat on business jet, helicopter demand
(Reuters) – Textron beat Wall Street estimates for second-quarter profit on Thursday, on higher demand across its businesses that make private jets and military helicopters. Private jet makers h[...]
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Ford pivots from EV plans to heavy-duty trucks at Canada facility
By Nora Eckert and Nathan Gomes DETROIT (Reuters) -Ford Motor on Thursday outlined plans to use a Canadian plant it had earmarked for a future electric vehicle to instead build larger, gasoline-powere[...]
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