Italy's GDP Targets for 2024-2025 Difficult to Reach, Central Bank Says
ROME (Reuters) - The Italian government's growth targets for 2024 and 2025 now look hard to achieve, the central bank said on Tuesday. The Treasury set a growth target of 1% this year and 1.2% in 2025 ...
Ferrari's Core Profit Rose 7% in Q3 Supported by Product Mix, Personalisations
MILAN (Reuters) - Ferrari said on Tuesday its core earnings rose 7% in the third quarter, despite a slight decrease in vehicle shipments, as the luxury sports car maker continued to benefit from a ...
Burger King Parent Restaurant Brands Misses Sales Estimates on Muted Demand
(Reuters) -Restaurant Brands missed estimates for quarterly revenue on Tuesday due to weak demand across key businesses such as Tim Hortons, Burger King and international markets including China and ...
Grains Merchant ADM Slides on Additional Accounting Errors, Annual Profit Forecast Cut
(Reuters) - Archer-Daniels-Midland shares fell 7% premarket on Tuesday after the global grains merchant cut its adjusted ...
DuPont Raises Full-Year Profit Forecast Above Estimates on Strong AI-Tech Demand
DuPont de Nemours raised its full-year profit forecast above Street estimates on Tuesday after the industrial materials maker beat third-quarter earnings target on strong demand for electronics and ...
Tax Fraud Investigators Search Netflix Offices in Paris and Amsterdam, Says Source
PARIS (Reuters) - Investigators searched the offices of U.S. streaming giant Netflix in France and the Netherlands as part of a preliminary investigation into tax fraud laundering, a French judicial ...
GM Recalls 107 Bolt Vehicles Over Fire Risk
(Reuters) - The National Highway Traffic Safety Administration said on Tuesday General Motors would recall 107 Bolt EV and EUV vehicles over a fire risk. The recall covers previously repaired Bolt ...
Trump's Tariff Plan Could Cost Americans $78 Billion in Annual Spending, NRF Study Shows
(Reuters) -U.S. shoppers could lose up to $78 billion in annual spending power annually if presidential candidate Donald ...
Oil Hedging Activity Hits Record in October as Traders Eye Market Risks
Brent traded within a wide range in October, with lows and highs swinging between $70 and $81 per barrel. Last quarter, Brent ...
Wall Street Looking for CVS to Show Execution Plan
NEW YORK (Reuters) - CVS Health's David Joyner is expected to address how he will better manage rising patient costs in the ...
Anxious Global Investors Brace for Long-Awaited US Election Results
NEW YORK (Reuters) - Global investors were on edge as Americans headed to the polls on Tuesday, drawing to a close a dramatic ...
Walmart, Other US Retailers Import Fewer Christmas Goods Ahead of Tepid Holiday Season
Walmart, the world's biggest retailer, has slashed Christmas imports deeply, shipping at least 340,000 kilos of products described as "Christmas" goods into the U.S. in the 12 months ending Sept. 30, ...