pandemic

Insurer MetLife’s quarterly profit beats on higher investment gains

MetLife Inc's (MET.N) fourth-quarter profit rose nearly 7% to surpass Wall Street estimates on Wednesday, as strong investment gains cushioned the hit…

4 years ago

Shell ends 2021 on high note, hikes dividend, buybacks again

Shell (SHEL.L) again boosted its dividend and share repurchases on Thursday after fourth quarter profits hit their highest in eight years, fuelled…

4 years ago

Omicron restrains U.S. manufacturing; supply bottlenecks slowly easing

A measure of U.S. manufacturing activity fell to a 14-month low in January amid an outbreak of COVID-19 cases, supporting…

4 years ago

Video game publisher Electronic Arts lowers annual adjusted sales forecast

Electronic Arts Inc (EA.O) lowered its annual adjusted sales forecast after missing quarterly estimates on Tuesday, as the video game publisher faces…

4 years ago

Starbucks to hike prices to offset inflation; lowers profit guidance

Starbucks Corp (SBUX.O) will raise menu prices in 2022 and reduce some spending to offset soaring costs for labor and goods, as…

4 years ago

Swedbank shares hit by interest income dip

Swedish lender Swedbank (SWEDa.ST) reported slightly worse than expected quarterly earnings on Wednesday, with a drop in interest income disappointing investors and…

4 years ago

Telenor Q4 lags forecasts, sees flat to slightly higher 2022 earnings

Norway's Telenor (TEL.OL) said on Wednesday it expects its earnings to be largely flat or slightly higher in 2022 compared to last…

4 years ago

Google propels record Alphabet revenue, driving shares up 8%

Google parent Alphabet Inc (GOOGL.O) reported record quarterly sales that topped expectations on Tuesday, as its internet advertising business surged on consumers…

4 years ago

Japanese banks sound caution for earnings as Omicron highlights bad loan risks

Japan's biggest lenders on Wednesday all sounded alarm about the risk the Omicron variant could have on their earnings, reviving…

4 years ago

Countdown to central bank meetings caps stocks’ advance

Shares rose in Europe on Wednesday as investor sentiment continued to steady after a rout last month, but the advance…

4 years ago