Hermes sales beat expectations, defying luxury sector gloom
(Reuters) – Sales at Hermes rose briskly in the third quarter, beating expectations and outshining rivals as economic headwinds did…
Australia, U.S. leaders to discuss Pacific infrastructure, critical minerals
(Reuters) – Australia and the United States will announce plans to cooperate on critical minerals and bolster Pacific Islands infrastructure…
Lloyds Grapples With Share Value Reduction Amidst Rising UK Interest Rates
Amidst a challenging economic landscape, Lloyds (LSE: LON:LLOY), the leading mortgage lender in the UK, is grappling with a significant…
Earnings Call: Glacier Bancorp Reports Strong Q3 Earnings; Plans for Growth Amid Favorable Interest Rate Environment
Glacier Bancorp (NASDAQ: NYSE:GBCI) reported robust third-quarter earnings, posting a net income of $52 million and earnings per share of…
Berkshire Hathaway Increases Stakes in Apple and Occidental Petroleum
Warren Buffett, CEO of Berkshire Hathaway (NYSE:BRKa), along with his associates Ted Weschler and Todd Combs, have been steadily increasing…
Earnings Call: Hilltop Holdings Maintains Profitability Amid Market Pressures, Eyes M&A Opportunities
Hilltop Holdings (NYSE:HTH) Inc. reported a net income of $37 million, or $0.57 per diluted share, for Q3 2023, demonstrating…
Airbus lands $1.27 billion French air tanker upgrade, service deals
(Reuters) – Airbus said on Monday it had signed two contracts valued at 1.2 billion euros ($1.27 billion) to provide…
Analysis-Anti-obesity drugs can be boost for food makers, investors say
(Reuters) – The growth in demand for appetite suppressing anti-obesity drugs like Novo Nordisk (NYSE:NVO)’s Wegovy presents opportunities for food…
Chevron to acquire Hess Corp for $53 billion in stock in latest oil megadeal
Chevron Corporation (NYSE:CVX) has announced an all-stock transaction to acquire Hess Corporation (NYSE:HES) in a deal valued at $53 billion…
Biden administration picks 31 regional tech hubs to spur US innovation
(Reuters) – The U.S. Commerce Department said on Monday it was naming 31 regional tech hubs from 370 applicants, making…