Finance

Kraft Heinz beats quarterly revenue estimates on steady US demand

Kraft Heinz beats quarterly revenue estimates on steady US demand

(Reuters) -Kraft Heinz on Wednesday posted a smaller-than-expected drop in sales for the second quarter, helped by resilient demand for its frozen meat cuts and ready-to-eat meals in the United S...

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Amazon still the online retailer of choice as cloud business faces competition

Amazon still the online retailer of choice as cloud business faces competition

By Arriana McLymore and Deborah Mary Sophia (Reuters) -Amazon will seek to reassure investors on Thursday that its cloud business, a critical driver of profits, is growing at a fast enough clip t...

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Insurer Humana raises annual profit forecast, shares climb

Insurer Humana raises annual profit forecast, shares climb

(Reuters) -Humana raised its annual profit forecast on Wednesday, as the U.S. health insurer bets on its efforts to rein in higher medical costs that have plagued the sector, sending its shares u...

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European economy sees growth of only 0.1% as scramble to get ahead of US tariffs goes into reverse

European economy sees growth of only 0.1% as scramble to get ahead of US tariffs goes into reverse

FRANKFURT, Germany (AP) — Europe’s economy barely grew in the April-June quarter as frantic earlier efforts to ship goods ahead of new U.S. tariffs went into reverse and output fell for the ...

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New Oriental: Fiscal Q4 Earnings Snapshot

New Oriental: Fiscal Q4 Earnings Snapshot

BEIJING (AP) — BEIJING (AP) — New Oriental Education & Technology Group Inc. (EDU) on Wednesday reported profit of $7.1 million in its fiscal fourth quarter. On a per-share basis, the Beijing...

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Nasdaq Nordic resumes trading after glitch prompts order cancellations

Nasdaq Nordic resumes trading after glitch prompts order cancellations

MILAN (Reuters) -Trading on the Nasdaq Nordic platform resumed as normal on Wednesday, a day after a technical glitch disrupted equity order data and led to the cancellation of trades. The issue ...

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