Featured Reuters
Mexico's FEMSA revenues climb 11% on Oxxo, Coca-Cola growth
Google parent Alphabet reclaims spot in $2 trillion valuation club
(Reuters) - Alphabet breached the $2 trillion market value mark for the first time since November 2021 on Friday, as investors cheered the Google parent announcing its first-ever dividend and a $70 billion stock buyback. The stock was last ...
Charter Communications reports higher-than-expected broadband subscriber losses
(Reuters) - Charter Communications posted larger-than-expected broadband subscriber losses and missed estimates for first-quarter profit on Friday, sending its shares down 3.4% before the bell. The broadband market continues to see slowing growth ...
Fed seen on track for Sept start to US rate cuts
(Reuters) -U.S. Federal Reserve policymakers sifting through the latest inflation data will find little to fuel a sense of urgency to cut interest rates, but also nothing to rule out the likelihood of rate reductions starting later this year. That ...
US inflation rises in line with expectations; consumer spending strong
By Lucia Mutikani WASHINGTON (Reuters) -U.S. monthly inflation rose moderately in March, but stubbornly higher housing and transportation costs suggested the Federal Reserve could keep interest rates elevated for a while. The report from the Commerce ...
Futures extend gains after March PCE data
(Reuters) - U.S. stock index futures extended gains on Friday, as fresh evidence of progress on the inflation front reignited hopes that the Federal Reserve could cut interest rates sometime this year. The personal consumption expenditures (PCE) ...
TSX opens higher on materials boost
(Reuters) - Canada's main stock index opened higher on Friday, lifted by materials stocks tracking higher commodity prices, while upbeat megacap earnings on Wall Street boosted investor sentiment. At 9:30 a.m. ET (13:30 GMT), the Toronto Stock ...
India's HCLTech revenue tad lower than view, CEO signals persistent macro overhang
By Sai Ishwarbharath B and Haripriya Suresh BENGALURU (Reuters) -HCLTech, India's No. 3 IT services player, reported smaller-than-expected fourth-quarter revenue on Friday, even as the company said it expected the current macroeconomic volatility ...
LyondellBasell beats Q1 profit view, expects seasonal demand boost
(Reuters) - Petrochemical manufacturer LyondellBasell said on Friday it expects seasonal demand improvements across most of its units in the current quarter after it beat first-quarter profit estimates. The chemical maker said low costs for ...
T Rowe's quarterly profit beats estimates on tailwinds from market rally
(Reuters) - T Rowe Price's first-quarter profit beat expectations as an upswing in markets boosted its assets under management and softened the hit from outflows, it said on Friday. Asset managers have seen money leave their funds as high ...
Imperial Oil gets Q1 boost from higher production; refining throughput weighs
(Reuters) -Canada's Imperial Oil saw higher profit in its first quarter on Friday as the integrated oil firm was helped by robust production, but saw maintenance activities weighing on its throughput volumes. Refining margins have eased from sky-high ...