Author Archives: Syndicated Content
Ukraine says Russian warplanes drop explosives on Black Sea shipping lanes
(Reuters) - Ukraine said on Wednesday Russian warplanes had dropped "explosive objects" into the likely paths of civilian vessels in the Black Sea three times in the last 24 hours, but that its fledgl...
Thomson Reuters Nov 01, 2023
India's top drugmaker Sun Pharma beats Q2 profit view
HYDERABAD (Reuters) -Sun Pharmaceutical Industries, India's largest drugmaker by revenue, reported a bigger-than-expected rise in second-quarter profit on Wednesday, driven by strong sales in its dome...
Thomson Reuters Nov 01, 2023
Bayer investor calls for rethink after latest glyphosate defeat
(Reuters) - Bayer investor Union Investment said on Wednesday the German group should reconsider its litigation strategy for glyphosate after it lost a trial over the weed killer's alleged carcinogeni...
Thomson Reuters Nov 01, 2023
South Africa plans to boost tax take as higher debt peak seen
By Kopano Gumbi, Anait Miridzhanian and Wendell Roelf CAPE TOWN (Reuters) -South Africa's finance minister will propose tax changes next year to try to stabilise public finances, which are under strai...
Thomson Reuters Nov 01, 2023
Garmin raises annual sales forecast, beats quarterly estimates
(Reuters) - Navigation equipment maker Garmin Ltd raised its annual sales forecast ahead of the crucial holiday shopping period as strength in its auto and fitness businesses helped it beat third-quar...
Thomson Reuters Nov 01, 2023
Verisk tops third-quarter expectations on resilient demand from insurers
(Reuters) - Verisk Analytics beat market expectations for third-quarter revenue and profit on Wednesday, as more insurance companies used its products to assess risk. The data analytics company's prod...
Thomson Reuters Nov 01, 2023
Hedge fund investors pull $80 billion from industry in 2023 - Aurum
By Nell Mackenzie LONDON (Reuters) - The hedge fund industry saw a net $80 billion of outflows for the year to Oct. 18, even as it raked in net profits of about $119 billion, hedge fund specialist Aur...
Thomson Reuters Nov 01, 2023
Sea's Shopee opens new distribution center in Brazil
SAO PAULO (Reuters) - Shopping app Shopee has opened a new distribution center in Brazil, the second-largest of the nine it owns in the country, the company said on Wednesday. Shopee's new distributio...
Thomson Reuters Nov 01, 2023
Iran warns of 'harsh consequences' if Gaza attacks continue
DUBAI (Reuters) - Iran's Foreign Minister Hossein Amirabdollahian warned on Wednesday of "harsh consequences" if attacks continue on the Gaza Strip, the latest in a series of warnings from the country...
Thomson Reuters Nov 01, 2023
Weak auto production drives down 2024 platinum, palladium forecasts - Reuters poll
By Harshit Verma and Polina Devitt LONDON (Reuters) - Analysts and traders have lowered their price forecasts for platinum and palladium in 2024 due to weak auto production and concerns about a global...
Thomson Reuters Nov 01, 2023
