Analysts defend Salesforce as soft guidance prompts shares to fall
Salesforce (NYSE:CRM) reported better-than-expected first-quarter results and revenue guidance for the current quarter that topped expectations. Still, shares trade 5.5%…
Remy Cointreau keeps outlook as annual profit beat forecasts
(Reuters) -French spirits group Remy Cointreau reported a higher-than-expected rise in operating profit for its 2022/23 fiscal year and stuck…
Big Tobacco faces big EU counterfeit problem
(Reuters) – Spanish police raided three clandestine tobacco factories early this year, seizing nearly 40 million euros ($44 million) worth…
Shares gain on U.S. debt bill passage, Fed pause talk
(Reuters) – Global shares rose on Thursday amid receding bets for a U.S. rate hike this month and relief over…
Russia’s FSB says U.S. NSA penetrated thousands of Apple phones in spy plot
(Reuters) – Russia’s Federal Security Service (FSB) said on Thursday that it had uncovered a U.S. National Security Agency (NSA)…
Dr Martens tripped up by tough U.S. market
(Reuters) – Dr Martens shares dropped more than 10% on Thursday after the British bootmaker warned investments would hit profit…
Explainer-Can a New York state law solve an emerging markets debt crisis?
(Reuters) – A bill backed by debt justice campaigners and civil society groups advocating on behalf of economically distressed countries…
Irish court orders wind-up of two Russian state-owned lessors
(Reuters) – Ireland’s High Court on Wednesday ordered the winding up of two sanctions-hit state-owned Russian leasing firms based in…
HP Enterprise shares fall as dull forecast fuels fears of slowing demand
(Reuters) – Shares of Hewlett Packard Enterprise (NYSE:HPE) Co slumped more than 10% on Wednesday as its lackluster revenue forecast…
Europe’s biggest gas supplier says all clear from pipeline security checks
(Reuters) – Inspections of Norway’s offshore gas pipelines after the Nord Stream blasts found nothing suspicious, an executive at energy…