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Amazon forecasts bright Q3 on resilient cloud sales, shopping trends

Amazon forecasts bright Q3 on resilient cloud sales, shopping trends

(Reuters) -Amazon.com Inc on Thursday reported sales growth and profit that beat Wall Street’s expectations as the company deliv..

German services sector loses momentum-PMI

German services sector loses momentum-PMI

BERLIN (Reuters) – Growth in Germany’s services sector slowed in July for the second consecutive month, due to a drop in d..

Siemens Healthineers confirms outlook despite problems at Varian

Siemens Healthineers confirms outlook despite problems at Varian

(Reuters) -U.S.-German medical device maker Siemens Healthineers on Wednesday confirmed its outlook for the year despite an unexpected..

Taylor Wimpey expects full-year profits to halve amid housing gloom

Taylor Wimpey expects full-year profits to halve amid housing gloom

LONDON (Reuters) -Taylor Wimpey’s pledge to build more homes than previously forecast boosted the British housebuilder’s s..

UK lender Virgin Money sticks to annual outlook despite mortgage pressures

UK lender Virgin Money sticks to annual outlook despite mortgage pressures

(Reuters) -British challenger bank Virgin Money UK on Wednesday maintained its full-year outlook and reported stable net interest marg..

Stocks drop, Treasuries gain after Fitch downgrades US rating

Stocks drop, Treasuries gain after Fitch downgrades US rating

HONG KONG (Reuters) – Asian stocks and U.S. Treasury yields declined on Wednesday after ratings agency Fitch unexpectedly downgr..

Fresenius Medical forecasts smaller income decline as cost inflation eases

Fresenius Medical forecasts smaller income decline as cost inflation eases

FRANKFURT (Reuters) – Dialysis group Fresenius Medical Care on Wednesday said a possible earnings fall this year would likely no..

Analysis-Point of no return: Australians fight for the right to work from home permanently

Analysis-Point of no return: Australians fight for the right to work from home permanently

SYDNEY (Reuters) – Before COVID-19 sent one-third of the global workforce home, the Melbourne property surveyor that employs dro..

BP to defend its rights in dispute with Venture Global LNG; other clients weigh options

BP to defend its rights in dispute with Venture Global LNG; other clients weigh options

LONDON/HOUSTON/LISBON (Reuters) -BP will defend its rights “to the absolute fullest” in an arbitration case against U.S. e..

Apple heads for largest Q3 revenue drop since 2016 as iPhone sales slow

Apple heads for largest Q3 revenue drop since 2016 as iPhone sales slow

(Reuters) – Apple is likely to report a dip in iPhone sales in the April-June quarter as shoppers held out for a new model in a ..