Coty lifts profit forecast as luxury shoppers seek cosmetics, fragrances
(Reuters) – Coty (NYSE:COTY) Inc on Tuesday raised its annual profit forecast for the second time and beat third-quarter revenue…
Shoals rallies 12% after beat-and-raise quarter; analysts positive surprised
Shoals Technologies Group (NASDAQ:SHLS) shares surged over 12% after the solar-energy equipment maker reported stronger-than-expected Q1 results and raised its full-year…
IBM unveils new watsonx, AI and data platform
(Reuters) – International Business Machines (NYSE:IBM) Corp on Tuesday launched watsonx, a new artificial intelligence and data platform to help…
Dollar edges up as market looks to U.S. debt ceiling talks, inflation data
(Reuters) – The dollar edged up against major currencies on Tuesday as traders awaited clarity on U.S. debt ceiling talks…
Oil prices ease in cautious trade ahead of US inflation data
(Reuters) -Oil prices fell on Tuesday, relinquishing some of the strong gains of the previous two sessions with the market…
Gold steady above $2,000 as markets await U.S. inflation data
Gold prices steadied above key levels on Tuesday, keeping to slim trading ranges as traders awaited more cues on the…
China’s April iron ore imports up 5% y/y at 90.4 million tonnes
(Reuters) – China’s imports of iron ore rose 5.1% in April from the same period the previous year, customs data…
Iveco to fully own venture with Nikola on electric, hybrid trucks
MILAN (Reuters) – Iveco Group will buy full ownership of its joint venture with U.S. start-up Nikola Corp which develops…
Suncor Energy’s quarterly profit beats estimates on strong demand
(Reuters) – Canada’s Suncor Energy (NYSE:SU) Inc reported a better-than-expected first-quarter profit on Monday, helped by steady demand for energy…
LinkedIn cuts over 700 jobs, phases out China app as demand wavers
(Reuters) – LinkedIn, the social media network owned by Microsoft Corp (NASDAQ:MSFT) that focuses on business professionals, said on Monday it would…