PayPal drops as analysts say transaction GP growth ‘looks very weak’
PayPal reported second-quarter results that topped expectations as ongoing strength in consumer spending underpinned payment volume growth. However, PayPal (NASDAQ:PYPL)…
BMW forecasts growth in Europe, warns supply chain issues remain
(Reuters) -BMW on Thursday forecast growth in the European automotive market, robust sales in the United States and slight growth…
Volvo Cars sales up 21% year-on-year in July
(Reuters) -Sweden’s Volvo Cars on Thursday reported a 21% rise in car sales in July from a year earlier, selling…
Exclusive-Fitch highlighted Jan. 6 insurrection in talks with Treasury ahead of US downgrade
(Reuters) -Fitch made its decision to downgrade the U.S. credit rating due to fiscal concerns and a deterioration in U.S…
Teva Pharmaceutical Q2 profit tops estimates, Huntington’s drug sales jump
(Reuters) -Teva Pharmaceutical Industries reported higher than expected second-quarter profit, boosted by a jump in sales of its Austedo treatment…
Oil prices ease despite US inventory drawdown
(Reuters) – Oil prices eased on Wednesday after sharp gains, but remained near their highest levels since April, as crude…
Dollar shrugs off Fitch’s U.S. credit rating downgrade, yen rallies
(Reuters) – The dollar barely budged on Wednesday as investors shrugged off Fitch’s U.S. credit rating downgrade, while the yen…
Ferrari nudges up year forecasts after Q2 results, investors unimpressed
(Reuters) -Ferrari failed to excite investors on Wednesday with the luxury sports car maker only raising its forecasts for full-year…
KFC owner Yum Brands beats quarterly sales, profit estimates on steady demand
(Reuters) – Yum Brands topped market estimates for quarterly comparable sales and profit on Wednesday, as cheaper meals and promotional…
Voyager Space and Airbus deepen tie-up on new space station
(Reuters) – U.S. space venture company Voyager Space and Airbus said on Wednesday they will co-operate more closely in the…