pandemic

Oreo maker sweetens sales outlook as emerging markets bounce back

Mondelez International Inc (MDLZ.O) raised its full-year organic revenue forecast on Tuesday, as more consumers snacked on the food giant's…

4 years ago

Visa gets vaccine boost as domestic spending back near pre-COVID levels

Visa Inc (V.N) beat estimates for quarterly profit on Tuesday, with domestic spending almost back to pre-pandemic levels and international…

4 years ago

Mattel expects strong holiday season as Barbie demand swells

Mattel Inc (MAT.O) raised its full-year sales forecast on Tuesday, expecting sustained robust demand for its Barbie and Hot Wheels…

4 years ago

Analysis: Ten-year Treasuries at 2%? Bring it on, investors say

A bet on 10-year U.S. bond yields rising to 2% was meant to be the slam-dunk trade of 2021. It…

4 years ago

EXCLUSIVE 3G founders launch investment partnership with former Third Point co-CIO Islam

Three Brazilian billionaires who cofounded investment firm 3G Capital are backing a veteran U.S. investor who played a key role…

4 years ago

UPS shares hit three-month low on worries e-commerce is cooling

United Parcel Service Inc (UPS.N) shares fell to a three-month low on Tuesday on worries that growth from the pandemic-fueled…

4 years ago

IMF raises growth forecasts for rich nations, dims outlook for developing world

The International Monetary Fund on Tuesday maintained its 6% global growth forecast for 2021, upgrading its outlook for the United…

4 years ago

MOVES Barclays picks Faruqui to share leaderhsip of EMEA M&A franchise

Barclays (BARC.L) has appointed Omar Faruqui as co-head of its mergers and acquisitions (M&A) franchise in Europe, the Middle East…

4 years ago

China’s industrial profit growth slows in June on high raw material prices

Profit growth at China's industrial firms slowed for the fourth straight month in June, as high raw material prices weighed…

4 years ago

LVMH shares edge higher as sales and profits rise

LVMH's (LVMH.PA) shares eged higher on Tuesday after the world's biggest luxury goods group posted higher sales and profits, driven…

4 years ago