Page 703 - Reuters

Sudan conflict threatens supply of key ingredient for Coca-Cola, Pepsi

The capital Khartoum has been brought to a standstill in the fighting that broke out on April 15, paralysing the economy and disrupting basic communications

SBI Card reports surprise Q4 profit growth on higher consumer spending

Profit after tax for the quarter ended March 31 rose 2.7% to Rs 596 crore from the previous year, while analysts had expected decline in profit to Rs 542 crore

US consumer spending flat in March; core inflation still strong

The economy expanded at a 2.6% rate in the fourth quarter

At $584.25 billion, forex reserves ease from over nine-month highs

Reserves had gone up by a total of nearly $8 billion in the prior two weeks

After Reliance-Warner deal, JioCinema pricing and local content in focus

Reliance's JioCinema to lock horns with Netflix, Disney; Warner deal to boost English content, local content in focus too

Euro slips on GDP data, yen slumps as BOJ maintains ultra-low rates

Preliminary data showed gross domestic product in the euro zone expanded by 0.1% in the first quarter, below expectations in a Reuters poll for 0.2%

Singapore's Wilmar quarterly profit falls 24% on Adani JV stake dilution

Adani Wilmar is a joint venture between Adani Group, chaired by Indian billionaire Gautam Adani, and Wilmar International

China to keep up policy support for economy and focus on demand

But top leaders cautioned that the recovery is not strong enough and the country faces new obstacles upgrading and transforming it economy

Bank of Japan's new chief keeps ultra-low rates, embarks on policy review

Revamps guidance, removes pledge to keep rates at low levels; quarterly report projects inflation to hit 1.6% in fiscal 2025

Norway sovereign wealth fund excludes Korea Gas, GAIL over Myanmar link

The Norwegian central bank on Thursday excluded two oil and gas companies from its $1.4-trillion wealth fund, the world's largest, citing ethical concerns over their ties to the Myanmar military.

Donald Trump 'raped, groped' ex-columnist E. Jean Carroll, court told

E Jean Carroll earlier claimed that Donald Trump sexually assaulted her in a changing room at the Bergdorf Goodman department store on Fifth Avenue in Manhattan

Sweeping spending cuts for America: Republicans clear debt-ceiling hike

The US Treasury Department could run out of ways to pay its bills in a matter of weeks if Congress fails to act, and financial markets are already flashing warning signs

HDFC likely to raise Rs 15,000 crore in 10-year bonds next week

The proposed issue is likely to have a base size of Rs 110 billion and a greenshoe option to retain an additional subscription of Rs 40 billion, bankers added

Tata Group-backed Trent's Q4 revenue jumps as fashion demand rises

Consolidated net profit for the quarter stood at 541.6 million rupees. It posted a profit of 1.6 million rupees a year earlier

Vodafone appoints Della Valle as permanent CEO after rigorous search

The British company said it had conducted a rigorous internal and external search before choosing the insider, who has been chief financial officer since 2018

Glenmark Life Sciences profit surges 48% on API boost in March quarter

Revenue from Glenmark Life Sciences's API business, which accounts for about 90% of total revenue, grew 15.5% from last year

Retail chain Shoppers Stop targets double-digit revenue growth in FY24: CEO

Calvin Klein in India, are also doubling down on smaller cities to tap the growing middle class

Harley sees 37% rise in profit boosted by higher demand for popular bikes

The manufacturer also benefited from pent-up demand as COVID-exhausted Americans were eager to hit the roads on cars and motorcycles

Caterpillar's Q1 profit rises by 31% on resilient demand, higher prices

The company reported adjusted profit of $4.91 per share, beating Refinitiv analysts consensus of $3.78 per share

Domino's Pizza beats quarterly sales estimate on price hikes, steady demand

Shares of the company rose about 5% in premarket trade