(Reuters) – J.M. Smucker Co (SJM.N) on Tuesday raised its forecast for fiscal 2021 adjusted profit, after the Jif peanut butter maker topped estimates for…
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Tencent tries to soothe concerns about U.S. ban as profit jumps
HONG KONG (Reuters) – China’s Tencent said on Wednesday it did not believe a U.S. move to ban transactions on its international messaging to payments…
Siemens forecasts modest sales growth as speeds up cost cuts
ZURICH (Reuters) – Siemens (SIEGn.DE) expects a “modest” improvement in orders and revenue in the months ahead, as the German engineering group tackles the coronavirus…
Twitter shares rise on record yearly growth in daily users
SAN FRANCISCO (Reuters) – Twitter Inc (TWTR.N) on Thursday reported its highest-ever yearly growth of daily users who can view ads, beating analysts’ estimates on…
Daimler second-quarter weighed by restructuring, EBIT seen below 2019 levels
FRANKFURT (Reuters) – Daimler (DAIGn.DE) reported a consensus beating second-quarter operating loss of 1.68 billion euros ($1.91 billion) on Thursday and said it expected earnings…
Netflix names content chief Ted Sarandos co-CEO, forecasts weaker growth
(Reuters) – Netflix Inc (NFLX.O) on Thursday elevated its content chief Ted Sarandos to co-CEO, making the 20-year veteran of the pioneering streaming video service…
Global financial system still at risk of liquidity stress, market shocks: FSB
WASHINGTON (Reuters) – The global financial system remains vulnerable to further liquidity stresses and a potential “sudden and sharp” market repricing as economies continue to…
Incumbent Duda extends narrow lead in Polish election cliffhanger
WARSAW (Reuters) – Incumbent Andrzej Duda’s marginal lead in Poland’s presidential election was widening, a late poll showed on Sunday, a result, which while still…
Poland's incumbent president Duda marginally ahead in election: exit poll
WARSAW (Reuters) – Incumbent Andrzej Duda was marginally ahead in Poland’s presidential election on Sunday, an exit poll found, in a result seen as likely…
WeWork expects to have positive cash flow in 2021, Financial Times reports
(Reuters) – WeWork Executive Chairman Marcelo Claure said the office-sharing company was on course to have positive cash flow in 2021, a year earlier than…