Brazilian Airline Gol Posts Q1 Beat On Higher Revenue, Currency Gains
Brazilian airline Gol Linhas Aereas Inteligentes SA on Thursday reported higher-than-expected first quarter net income as currency gains helped offset higher fuel prices, driving its shares higher.
Ukraine Holocaust Survivors Find Shelter In Israel
Valerie Bendersky was just seven when he fled to Kazakhstan to escape the Nazi invasion of Ukraine.
Russia Strikes Kyiv During UN Chief's Visit, Biden Asks For $33bn For Ukraine
Russia strikes Kyiv during UN chief's visit, Biden asks for $33bn for Ukraine
Northrop Reports Lower Revenue As Labor, Supply Chain Woes Linger
U.S. weapons maker Northrop Grumman Corp reported a fall in first-quarter sales and adjusted profit on Thursday, hit by labor shortages and supply chain issues.
Caterpillar Sees China Excavator Demand Falling Below Pre-pandemic Levels
Caterpillar Inc on Thursday warned that demand for excavators in China, one of its largest markets, could slip below pre-pandemic levels in 2022, as construction activity takes a hit in the country from strict pandemic lockdowns.
Merck Raises 2022 Forecast As COVID Pill, Cancer Drug Fuels Profit Beat
Merck & Co on Thursday reported quarterly profit and sales that beat estimates and raised its full-year forecasts on strong demand for top-selling cancer drug Keytruda, its Gardasil vaccine and COVID-19 antiviral pill molnupiravir.
Carlyle's 41% Profit Rise In Q1 Misses Estimates
Carlyle Group Inc posted a lower-than-expected 41% year-on-year rise in first-quarter distributable earnings on Thursday, as market volatility prevented the private equity firm from cashing out on assets as much as some analysts expected.
Carlyle's 41% Profit Rise In First Quarter Misses Estimates
Carlyle Group Inc posted a lower-than-expected 41% year-on-year rise in first-quarter distributable earnings on Thursday, as market volatility prevented the private equity firm from cashing out on assets as much as some analysts expected.
The Fed's Racing To Raise Rates, But How High Remains An Open Bid
U.S. Federal Reserve officials have aligned around plans to accelerate the pace of interest rate hikes this year but remain split over what could be the make-or-break decision of where to stop to avoid dragging the economy into recession.
Sri Lanka Teachers, Bank Workers Join Mass Walkout Over Economic Crisis
Many schools in Colombo were shut and several train stations deserted on Thursday as teachers and train drivers joined mass walkouts demanding President Gotabaya Rajapaksa's government quit over Sri Lanka's worst financial crisis in decades.
Landmark Case For 47 Hong Kong Democrats Adjourned Until June
A landmark national security case involving 47 Hong Kong democrats was adjourned on Thursday to June 1-2, with many of the defendants having been in custody since February last year and facing the possibility of months more on remand.
'Our Hands Are Tied': Liberia Grapples With Heaps Of City Waste
As the sun set over Liberia's vast West Point slum, youth leader Archie Gbezay shook his head as children meandered around dense piles of trash, playing catch with jars of old hair product plucked from polluted puddles of water.
Japan Tobacco Considers Sale Of Russian Operations
Japan Tobacco (JT) said on Thursday it was considering selling its Russian operations after suspending investment and marketing activities in the country last month following Moscow's invasion of Ukraine.
India Stands By Social-media Demands As Musk Moves On Twitter
India has reiterated its position on social-media accountability in response to Elon Musk's pending takeover of Twitter, saying platforms must make checks on users and content.
Nasdaq Futures Jump After Strong Meta Results; GDP Data Awaited
Nasdaq futures jumped almost 2% on Thursday, as a surge in Meta Platforms shares after its strong results eased pressure on growth and technology stocks that have been battered on concerns about rising interest rates.
Wall St Set For Higher Open As Meta Earnings Offset GDP Gloom
Wall Street was set to open higher on Thursday as strong earnings from Meta Platforms lifted battered technology and growth stocks, offsetting concerns as data showed U.S.
Wall St Inches Higher As Meta Earnings Offset GDP Gloom
Wall Street edged higher on Thursday as strong earnings from Meta Platforms lifted battered technology and growth stocks and offset concerns around a contraction in U.S.
Wall St Rises As Meta Earnings Offset GDP Worries
Wall Street's main indexes rose on Thursday as strong earnings from Meta Platforms lifted battered technology and growth stocks and offset concerns around a contraction in U.S.
Wall Street Surges As Meta Platforms Lifts Techs, Growth Stocks
Wall Street rallied on Thursday as a strong quarterly report from Meta Platforms lifted beaten down technology and growth stocks and offset worries about the U.S.
Wall Street Ends Sharply Higher, Lifted By Meta And Apple
Wall Street ended sharply higher on Thursday after a strong quarterly report from Meta Platforms lifted beaten down technology and growth stocks and offset worries about the U.S.
Big Sub-Saharan Economies Set For Sluggish Growth In 2022
The recovery in sub-Saharan Africa's major economies will gain little traction this year as weak local currencies undermine a boost to export earnings from high commodity prices, a Reuters poll found on Thursday.
Strike Cripples Sri Lanka As President Faces New Pressure
Strike cripples Sri Lanka as president faces new pressure
Indonesia Export Ban Traps 290,000 T Of Palm Oil Shipments For India -trade
Indonesia's wider palm oil export ban has trapped at least 290,000 tonnes of the edible oil meant to be headed to India at ports and oil mills in the world's top producer, four industry officials told Reuters on Thursday.
Exclusive-'We'll Fight As Long As We Have To', Ukrainian Fighter Says From Mariupol
A Ukrainian soldier holed up in a steel works in Mariupol said his forces would fight for as long as needed and he urged world leaders to find a way to save civilians and the hundreds of troops trapped in Russia's "medieval" siege.
Sabadell's Q1 Hits Profitability Target After Lower Costs, Provisions
Spain's Sabadell on Thursday hit its profitability target of more than 6% earlier than expected following cost savings, lower provisions and a positive contribution from its British unit TSB.
Vast Forest Losses In 2021 Imperil Global Climate Targets, Report Says
The world lost an area of forest the size of the U.S.
China's Full Truck Alliance Pauses $1 Billion Hong Kong Listing - Sources
Plans by Full Truck Alliance Co Ltd, China's 'Uber for trucks', to raise $1 billion in a Hong Kong listing this year have been paused as a Chinese cybersecurity regulator has yet to announce findings of a probe into the company, two people with knowledge of the matter told Reuters.
Strong Earnings Spur Rally Across European Stocks
European shares moved further off six-week lows hit last session as forecast-beating results from companies including energy major TotalEnergies and automaker Volvo Car helped set aside worries about slowing global economic growth.
Alibaba Looks To Expand Southeast Asian Arm Lazada To Europe - Sources
Alibaba Group plans to expand its Southeast Asian arm, Lazada, to Europe, two sources familiar with the matter told Reuters, as the Chinese e-commerce company seeks further overseas growth amid slowing opportunities at home.
Explainer-Shanghai Death Numbers Raise Questions Over Its COVID Accounting
China's biggest COVID-19 outbreak, in Shanghai, has again raised questions about the country's official data - especially a death rate that despite a recent jump, remains far lower than elsewhere.