News
Hess Reports Lower Sales and Earnings in Q2
Hess reports lower sales and earnings in Q2 due to falling energy prices, but exceeds analysts' expectations. Output experiences a significant increase mainly driven by higher production in the Bakken shale oilfields and off the shore of Guyana.
Read moreHome Buyers Seek Out New Homes, but at a Slower Pace
June saw a decrease in the rate of new home sales compared to the previous month, but the overall market remains favorable. Builders are meeting demand despite challenges from higher mortgage rates.
Read moreNaples: Beyond the Pizza
Naples is more than just pizza. Explore the city's hidden charms, from its culinary delights to its deep-rooted soccer obsession and rich history.
Read moreSchroders Reports Fall in Pretax Profit for H1 2023
Schroders reports a decline in pretax profit for H1 2023 due to negative market performance, resulting in a decrease in assets under management. Revenue increased, and CEO remains optimistic about the long-term outlook.
Read moreIndivior Reports Strong Q2 Performance
Indivior reports strong Q2 performance and raises full-year guidance, showcasing growth in pretax profit and revenue.
Read moreSouthwest Airlines Faces Challenges Amidst Revenue Decline
Southwest Airlines experiences revenue decline and higher costs due to labor rates and domestic slowdown, causing investor concerns.
Read moreU.S. Stock Market Opens on Positive Note
The U.S. stock market began on a positive note with strong GDP growth and decrease in jobless claims, boosting investor sentiment.
Read moreAbbVie Raises Profit Outlook as Immunology Drugs Drive Sales
Biopharmaceutical company AbbVie raises profit outlook for 2023 as newer immunology drugs drive sales, compensating for decline in Humira revenue.
Read moreYen Strengthens Amid Reports of Possible Policy Tweak by Bank of Japan
The yen strengthens against the dollar as reports suggest the Bank of Japan may adjust its yield-curve control policy. This potential modification could allow for gradual increases in bond yields. The decision will have significant implications for global financial markets.
Read moreBASF Reports Lower Q2 Earnings
BASF reports lower Q2 earnings due to low prices and demand, but anticipates a potential recovery. Revenues decline by 25%.
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