Author Archives: Syndicated Content
Teva Pharm second-quarter profit slightly beats profit forecast
TEL AVIV (Reuters) - Israel-based Teva Pharmaceutical Industries reported a slightly smaller than-expected fall in second-quarter profit on Wednesday, as higher profitability in North America partiall...
Aug 05, 2020
New York Times quarterly revenue beats estimates on strong subscriber growth
(Reuters) - The New York Times Co beat second-quarter revenue estimates on Wednesday as a jump in subscribers helped the company paper over a coronavirus-induced collapse in advertising spending. The ...
Aug 05, 2020
Wendy's misses revenue estimates, points to recovery in sales
(Reuters) - Wendy's Co on Wednesday fell short of Wall Street estimates for quarterly revenue, but signaled a recovery in sales in the last two months as lockdown restrictions eased. The burger chain'...
Aug 05, 2020
Abu Dhabi's Tawazun to build satellite centre with Airbus
DUBAI (Reuters) - Abu Dhabi state defence and security entity Tawazun is to build a satellite assembly, integration and testing centre with Airbus in the United Arab Emirates' oasis city of Al Ain, st...
Aug 05, 2020
Greek PM warns over jump in COVID-19 cases, says new curbs possible
ATHENS (Reuters) - Greeks must stick to rules aimed at containing the coronavirus more closely than ever, the country's prime minister said on Wednesday, warning of new restrictions if a worrying rise...
Aug 05, 2020
Electric vehicle charge network ChargePoint bags $127 million from investors
By Paul Lienert (Reuters) - ChargePoint, one of the world's oldest and largest electric vehicle charging networks, has closed on a $127 million funding round, much of it from existing investors, the c...
Aug 05, 2020
European funds post €706.2 billion trading loss in first half: Lipper
By Maiya Keidan LONDON (Reuters) - The coronavirus pandemic has hit European funds, which suffered trading losses of 706.4 billion euros ($835 billion) in the first six months of 2020, according to Re...
Aug 05, 2020
Capri posts smaller-than-expected loss boosted by online demand
(Reuters) - Michael Kors-owner Capri Holdings Ltd reported a smaller-than-expected quarterly loss on Wednesday, helped by higher online orders from consumers stuck indoors due the COVID-19 pandemic. T...
Aug 05, 2020
As dollar slides, some investors fret about its status as world's reserve currency
By Saqib Iqbal Ahmed NEW YORK (Reuters) - Some investors are worried the U.S. response to the coronavirus pandemic is dealing a body blow to the dollar, potentially accelerating what has so far been a...
Aug 05, 2020
Regeneron Pharma posts quarterly profit on $228 million gain
(Reuters) - Regeneron Pharmaceuticals Inc reported a quarterly profit on Wednesday that rose more than four times, helped by a $228 million gain and on higher sales of its blockbuster eczema treatment...
Aug 05, 2020
