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HONG KONG/LONDON (Reuters) – HSBC Holdings PLC on Tuesday abandoned its long-term profitability target, and unveiled a revised strategy focused mainly on wealth management in Asia after the COVID-19 shock … Read More
(Reuters) – American International Group Inc said on Wednesday it is hiking some commercial insurance rates by as much as 45%, a trend it sees persisting in 2021, as the … Read More
FILE PHOTO: Company logo of pharmaceutical company GlaxoSmithKline is seen at their Stevenage facility, Britain October 26, 2020. REUTERS/Matthew Childs/File Photo (Reuters) -Britain’s GSK forecast a dip in earnings this … Read More
(Reuters) – BlackRock Inc’s, quarterly results topped analysts’ expectations on Thursday, buoyed by a rising stock market that boosted the firm’s assets under management to a record high $8.68 trillion, … Read More
CHICAGO (Reuters) – Deere & Co on Wednesday reported a rise in quarterly earnings, defying Wall Street estimates, as higher crop prices, government subsidy payments and replacement demand lifted sales … Read More
(Reuters) – Tiffany & Co, which is being bought by French luxury giant LVMH, beat Wall Street expectations for quarterly profit on Tuesday as the U.S. jeweler benefited from an … Read More
FILE PHOTO: The exterior of the Tyson Fresh Meats processing plant is seen three days after a fire heavily damaged the facility in the Finney County town of Holcomb, Kansas, … Read More
BERLIN (Reuters) – Lufthansa LHAG.DE warned on Thursday it will burn through more cash in the fourth quarter than in the third and that further restructuring measures will weigh on … Read More
(Reuters) – Under Armour Inc UA.NUAA.N forecast its annual revenue above Wall Street expectations on Friday, as a pandemic-driven trend to exercise outdoors resulted in a surge in demand for … Read More
FILE PHOTO: Products are displayed in an Under Armour store in New York City, U.S., November 4, 2019. REUTERS/Brendan McDermid(Reuters) – Under Armour Inc UA.NUAA.N beat quarterly revenue estimates on … Read More
(Reuters) – Chipotle Mexican Grill Inc CMG.N on Wednesday posted an 18.6% drop in quarterly profit, hurt by higher beef prices, delivery costs and coronavirus-related expenses. FILE PHOTO: The logo … Read More
Originally published by The Spinoff We know Jacinda Ardern will be the PM, but what else needs to get sorted out in the coming weeks? Alex Braae runs down the … Read More
