Jittery markets see bond funds enjoy largest weekly inflows since Nov 2021

Photo for illustration. A man is silhouetted in an electronic board showing the FTSE MIB Index for the Italian equity market in this photo illustration taken in Rome August 9, 2011. REUTERS/Tony Gentile./File Photo Register now for FREE unlimited access to Reuters.com Register LONDON, Aug 5 (Reuters) – Bond funds recorded their largest weekly inflow … Read more

Beyond Meat cuts sales forecast as consumers shun pricier faux meat

Products from Beyond Meat Inc, the vegan burger maker, are shown for sale at a market in Encinitas, California, US, June 5, 2019. REUTERS//File Photo Register now for FREE unlimited access to Reuters.com Register Aug 4 (Reuters) – Beyond Meat Inc (BYND.O) on Thursday lowered its revenue forecast for the year and announced job cuts … Read more

Robinhood shares jump 12% on job cuts, smaller-than-feared loss

The logo of Robinhood Markets Inc is seen at a pop-up event on Wall Street after the company’s IPO in New York City, US, July 29, 2021. REUTERS/Andrew Kelly/File Photo Register now for FREE unlimited access to Reuters.com Register Aug 3 (Reuters) – Shares of Robinhood Markets Inc closed up nearly 12% on Wednesday, a … Read more

Maersk sees weaker container demand as durable goods sales dry up

Shipping containers are transported on a Maersk Line vessel through the Suez Canal in Ismailia, Egypt July 7, 2021. Picture taken July 7, 2021. REUTERS/Amr Abdallah Dalsh/File Photo/File Photo Register now for FREE unlimited access to Reuters.com Register Consumer confidence, port congestion weigh on container demand Number of loaded containers falls by 7.4% in Q2 … Read more

Moderna maintains vaccine sales view as demand from low-income nations eases

Syringes with needles are seen in front of a displayed Moderna logo in this illustration taken November 27, 2021. REUTERS/Dado Ruvic/Illustration/File Photo Register now for FREE unlimited access to Reuters.com Register Aug 3 (Reuters) – Moderna Inc (MRNA.O) on Wednesday retained its full-year sales outlook for COVID-19 shot at $21 billion due to decreasing orders … Read more

UK’s Travis Perkins slides as DIY sales cool off

A signage is pictured at a building of Travis Perkins, a timber and building merchants yard in St Albans, Britain October 22, 2020. REUTERS/Paul Childs Register now for FREE unlimited access to Reuters.com Register Aug 2 (Reuters) – Travis Perkins (TPK.L) said on Tuesday its Toolstation business swung to a loss in the first-half, as … Read more

Valvoline fuels retail drive with $2.65 bln lubricants unit sale to Saudi Aramco

Saudi Aramco logo is pictured at the oil facility in Abqaiq, Saudi Arabia October 12, 2019. REUTERS/Maxim Shemetov Register now for FREE unlimited access to Reuters.com Register Aug 1 (Reuters) – Valvoline Inc (VVV.N) is selling its unit that makes lubricants, coolants and other automotive products to state-owned Saudi Aramco (2222.SE) for $2.65 billion in … Read more

India shares up on auto rally ahead of sales data

People walk past the Bombay Stock Exchange (BSE) building in Mumbai, India, March 9, 2020. REUTERS/Francis Mascarenhas Register now for FREE unlimited access to Reuters.com Register BENGALURU, Aug 1 (Reuters) – Indian shares kicked off August trading on a positive note on Monday, after having logged their best gains since November 2020 last month, led … Read more

Gov. visits Holton business to promote economic developments

TOPEKA, Kan. (WIBW) – Gov. Laura Kelly visited a local business in Holton to promote economic developments secured under her tenure. Kansas Governor Laura Kelly says on Friday, July 29, she continued her statewide economic development tour in Holton. She said she joined Jackson Co. Chamber of Commerce leaders to tour a local family- and … Read more

India’s Bajaj Finance jumps most in two years as profit tops estimates

BENGALURU, July 28 (Reuters) – Shares of Bajaj Finance (BJFN.NS) on Thursday surged 10%, the most in more than two years, after the non-bank lender’s quarterly profit blew past estimates on strong customer additions and lower bad loans provisions. The company on Wednesday said its profit more than doubled to 25.96 billion rupees ($325.37 million), … Read more