Business

P&G tops estimates on beauty products demand, flags hit from higher input cost

Friday, April 24 by SRN News

By Alexander Marrow and Juveria Tabassum April 24 (Reuters) - Procter & Gamble on Friday warned of a $150 million hit to its annual profit from higher input cost due to the Middle East conflict, even as demand for its pricier hair and skin care... Read More.

HCA Healthcare beats quarterly profit estimates on medical care demand

Friday, April 24 by SRN News

April 24 Reuters) - Hospital operator HCA Healthcare beat Wall Street estimates for first-quarter profit on Friday, helped by strong demand for its medical care services. Hospital operators have been benefiting from elevated demand for non-urgent procedures, particularly from older Americans, since the second half... Read More.

Meta strikes deal with Amazon’s cloud unit to use its CPU chips

Friday, April 24 by SRN News

By Stephen Nellis SAN FRANCISCO, April 24 (Reuters) - Meta Platforms and Amazon.com on Friday said Meta will use Amazon Web Services' (AWS) Graviton5 central processing unit (CPU) chips, a deal an AWS executive told Reuters would span multiple years and be worth billions of... Read More.

Trump grants 90-day Jones Act waiver extension to curb energy costs

Friday, April 24 by SRN News

By Jarrett Renshaw April 24 (Reuters) - President Donald Trump granted a 90-day extension to a shipping waiver that makes it easier to move oil, fuel and fertilizer around the United States, the White House said on Friday, the latest effort to curb rising energy... Read More.

Norfolk Southern first-quarter profit slips as fuel and costs rise

Friday, April 24 by SRN News

April 24 (Reuters) - Norfolk Southern reported a fall in first-quarter profit on Friday, as higher operating costs coupled with rising fuel prices weighed on the railroad operator's earnings. Fuel prices have climbed sharply in the wake of U.S.-Israeli war on Iran, adding pressure to... Read More.

At Beijing auto show, Chinese carmakers flaunt new technologies as global competition heats up

Friday, April 24 by SRN News

BEIJING (AP) - China's top automakers are showcasing their latest models and technologies from intelligent driving to ultrafast charging in Beijing as they compete with global rivals in overseas markets. Analysts say the biennial auto show in China's capital, which opened to media on Friday,... Read More.

Chinese foreign minister and Thai prime minister agree to collaborate on fighting cyberscams

Friday, April 24 by SRN News

BANGKOK (AP) - Chinese Foreign Minister Wang Yi met Thailand's Prime Minister Anutin Charnvirakul on Friday during a visit aimed at strengthening the countries' strategic partnership and expanding cooperation. The two agreed to strengthen collaboration in fighting transnational crime and cyberscams and other areas, Thai... Read More.

Porsche, under pressure to cut costs, divests from iconic Italian sportscar maker Bugatti

Friday, April 24 by SRN News

DUBAI/FRANKFURT April 24 (Reuters) - Porsche has agreed to sell its stakes in sportscar makers Bugatti and Rimac to a consortium led by a U.S. fund co-founded by a scion of Egypt's billionaire Sawiris family, one of the co-investors said in a statement on... Read More.

Electrolux shares fall 24% as it swings to quarterly loss on US demand slump

Friday, April 24 by SRN News

By Greta Rosen Fondahn STOCKHOLM, April 24 (Reuters) - Shares of Electrolux fell by nearly a quarter on Friday after the appliance maker reported an unexpected first-quarter loss, hours after announcing a $1 billion rights issue and a North American tie-up with Chinese rival Midea. Electrolux,... Read More.

Explosion of invasive ‘janitor fish’ sparks mass removal operation in Indonesia’s capital

Friday, April 24 by SRN News

JAKARTA, Indonesia (AP) - Cheers broke out in Indonesia's capital on Friday as residents, city workers and environmental volunteers hauled bulging nets of invasive fish to the surface of a reservoir in an operation to crack down on "janitor fish." Authorities are seeking to remove... Read More.

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Current Weather

P&G tops estimates on beauty products demand, flags hit from higher input cost

HCA Healthcare beats quarterly profit estimates on medical care demand

Trump grants 90-day Jones Act waiver extension to curb energy costs

Norfolk Southern first-quarter profit slips as fuel and costs rise

At Beijing auto show, Chinese carmakers flaunt new technologies as global competition heats up

Chinese foreign minister and Thai prime minister agree to collaborate on fighting cyberscams

Porsche, under pressure to cut costs, divests from iconic Italian sportscar maker Bugatti

Electrolux shares fall 24% as it swings to quarterly loss on US demand slump

Explosion of invasive ‘janitor fish’ sparks mass removal operation in Indonesia’s capital

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