Iveco tops operating profit estimates in Q1, shares rise

Truckmaker Iveco said on Tuesday its operating profit topped estimates in the first quarter of this year, in its first set of results as a stand-alone company.

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26-04-2022

ADM beats profit estimates as Ukraine crisis stokes crop shortages

(Reuters) -Global grain trader Archer-Daniels-Midland Co on Tuesday reported a higher-than-expected quarterly profit, as the Ukraine crisis exacerbated an already tight supply of essential crops.

newspaper

26-04-2022

China's Huawei seeks out growth areas as risks mount

SHENZHEN, China (Reuters) -Huawei Technologies has identified helping businesses to use 5G technology, cloud computing and to improve their energy efficiency as ways to bolster the company in the face of mounting challenges, its rotating chairman said on Tuesday.

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26-04-2022

Oil rebounds on China demand concerns in see-saw trading

LONDON -Oil prices rose modestly in volatile trading on Tuesday as the market weighed concerns over Russian supply and Chinese demand.

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26-04-2022

Japan unveils $103 billion relief package to combat rising prices

TOKYO (Reuters) -Japan has prepared an emergency relief package worth $103 billion to cushion the economic blow from rising raw material costs, and plans further steps later this year to promote long-term reforms, Prime Minister Fumio Kishida said on Tuesday.

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26-04-2022

Poland sanctions Gazprom among 50 Russian firms and oligarchs

WARSAW (Reuters) -Poland is imposing sanctions on 50 Russian oligarchs and companies, the interior minister said on Tuesday, as it seeks to increase pressure on Moscow over its invasion of Ukraine.Poland this month passed a law allowing it to freeze the assets of Russian entities and ban imports of coal from Russia, above and beyond sanctions imposed jointly by European Union countries.

newspaper

26-04-2022

ADM quarterly profit jumps 53% on tight supplies of essential crops

(Reuters) -Archer-Daniels-Midland Co on Tuesday reported a 53% jump in first-quarter profit, as the global grain trader was helped by higher demand and tight supplies of crops.

newspaper

26-04-2022

UPS beats profit estimates as it rides e-commerce boom

(Reuters) -United Parcel Service Inc on Tuesday reported better-than-expected quarterly earnings as the parcel delivery company raised prices to cash in on a boom in the e-commerce industry.

newspaper

26-04-2022

ADM first-quarter profit jumps 53%

Archer-Daniels-Midland Co on Tuesday reported a 53% jump in first-quarter profit, as the global grain trader was helped by higher demand and tight supplies of crops.

newspaper

26-04-2022