United States

Exclusive: Credit Suisse sounds out investors about capital hike – sources

Credit Suisse is sounding out investors for fresh cash, two people familiar with the matter said, approaching them for the…

3 years ago

Exclusive: PepsiCo ends Pepsi, 7UP production in Russia months after promising halt over Ukraine

PepsiCo Inc (PEP.O) has stopped making Pepsi, 7UP and Mountain Dew in Russia nearly six months after the U.S. company said it…

3 years ago

Oil prices climb on concerns over tight supplies

Oil prices rose on Tuesday as worries about tight fuel supplies ahead of winter offset investor concerns about falling demand…

3 years ago

Analysis: U.S., China audit agreement not yet a done deal, lawyers warn

There was much relief for investors in U.S.-listed Chinese firms after Beijing and Washington struck a long-pending audit deal, but…

3 years ago

BNPL lender Affirm’s shares tumble after gloomy full-year revenue forecast

Shares of Affirm Holdings Inc (AFRM.O) tumble 13% in premarket trading on Friday after the buy-now-pay-later lender's full-year revenue forecast missed Wall…

3 years ago

Musk’s SpaceX and T-Mobile plan to connect mobile phones to satellites, boost cell coverage

U.S wireless carrier T-Mobile US Inc (TMUS.O) will use Elon Musk-owned SpaceX's Starlink satellites to provide mobile users with network access in…

3 years ago

Singapore’s Grab says ‘laser-focused’ on profitability after bumper quarter

Singapore's Grab Holdings Ltd on Thursday lifted the lower end of its revenue forecast for the year and said it…

3 years ago

Canada’s TD, CIBC profits beat estimates; loan growth offsets higher costs, provisions

Toronto-Dominion Bank (TD.TO) and Canadian Imperial Bank of Commerce (CM.TO) posted better-than-expected third-quarter profits on Thursday, with the former driven by lower provisions for…

3 years ago

Ukraine economy could grow by 15.5% in 2023 after deep fall – minister

Ukraine's economy should stabilise over the coming year and expand by as much as 15.5% in 2023, depending on military…

3 years ago

Dollar General lifts sales forecast as inflation-hit Americans drive demand

Dollar General Corp (DG.N) lifted its annual comparable sales forecast on Thursday, encouraged by Americans flocking to discount store chains for everything…

3 years ago