Exxon earnings hurt by Russia exit, triples buybacks on high oil prices

Exxon Mobil Corp doubled its first-quarter per-share profit, it said on Friday, but the results fell short of Wall Street estimates, even excluding a $3.4 billion writedown from its withdrawal from Russia.

newspaper

29-04-2022

AbbVie misses quarterly sales expectations on Humira competition

(Reuters) -AbbVie Inc missed Wall Street estimates for first-quarter sales on Friday, hurt by European competition for its blockbuster rheumatoid arthritis drug Humira and lower-than-expected revenue from its newer drug Rinvoq.

newspaper

29-04-2022

Sri Lankan central bank says all creditors will be treated equally

COLOMBO (Reuters) -All Sri Lanka's creditors will be treated equally in a planned restructuring of the country's debt, its central bank governor said on Friday, adding that he expected progress in talks with the International Monetary Fund (IMF) in the next two months.

newspaper

29-04-2022

Exxon takes a hit from Russia, triples buybacks over higher oil prices

(Reuters) -Exxon Mobil Corp doubled its first-quarter per-share profit, it said on Friday, but the results fell short of Wall Street estimates, even excluding a $3.4 billion writedown from its withdrawal from Russia.

newspaper

29-04-2022

Tesla recalls 48,000 U.S. vehicles over speed display

Tesla is recalling about 48,000 Model 3 Performance vehicles in the United States because they may not display the speedometer while in "Track Mode," documents released Friday show.

newspaper

29-04-2022

AbbVie misses quarterly sales estimates as Humira rivals bite

AbbVie Inc missed Wall Street estimates for first-quarter sales on Friday, hurt by European competition for its blockbuster rheumatoid arthritis drug Humira and lower-than-expected revenue from its newer drug Rinvoq.

newspaper

29-04-2022

Honeywell raises full-year profit forecast as air travel peaks

(Reuters) -Honeywell International Inc raised its full-year profit forecast on Friday, as a recovery in aviation markets due to a pickup in travel boosted demand for the company's parts, software and aftermarket services.

newspaper

29-04-2022

Tata Motors maps out long-range EVs for India and beyond

MUMBAI (Reuters) -Tata Motors said on Friday it plans to launch electric cars with a minimum range of 500 kilometres (310 miles) and advanced technology features, targeting buyers in India and beyond.

newspaper

29-04-2022

Dollar pause, China economy support pledge lift markets

A dollar pullback from 20-year highs and Chinese authorities' pledge to support economic growth offered respite to battered equity markets on Friday, though Wall Street remained poised to open lower after lacklustre earnings from retail giant Amazon.

newspaper

29-04-2022