Stocks News
- Reuters
(Reuters) – Constellation Brands Inc forecast full-year profit above Wall Street estimates on Thursday, benefiting from price increases aimed at combating elevated costs and strong demand for its high-end beer brands.
- James Hyerczyk
Despite initial claims dropping, insured claims hit highest level since December.
- Reuters
By Aditya Kalra NEW DELHI (Reuters) – Top startups in India have called on the country’s competition watchdog to launch an inquiry into Alphabet’s Google for allegedly bypassing an antitrust directive by charging a high service fee for in-app payments, a filing shows.
- Reuters
TOKYO (Reuters) – Seven & i Holdings Co Ltd’s eight independent directors said on Thursday the board will continue to review strategic alternatives, including a spin-off.
- Reuters
By Tom Sims and Marta Orosz FRANKFURT (Reuters) – Complaints from consumers about banks and other financial firms in Germany rose by a fifth last year, official data shows, as regulators flex their muscles to shore up trust in the sector.
- Reuters
By Juliette Jabkhiro and Gus Trompiz PARIS (Reuters) – Dozens of trade unionists railing against French President Emmanuel Macron’s pension overhaul briefly invaded the central Paris building in which U.S.-based investment firm BlackRock has an office, chanting slogans and setting off firecrackers.
- Reuters
By Norihiko Shirouzu, Joseph White and Maki Shiraki
- Reuters
By Naomi Rovnick and Sumanta Sen LONDON (Reuters) – Banking sector turmoil has not dented demand for equities, with MSCI’s world stock index up 7% so far this year.
- Reuters
LONDON (Reuters) – A look at the day ahead in U.S. and global markets from Amanda Cooper.
- Reuters
HONG KONG/SHANGHAI (Reuters) – Dealmakers at China International Capital Corp (CICC) will see bonuses slashed by as much as 40%, three sources said, in one of the financial sector’s biggest cuts in two years since a renewed government push to narrow income disparity.
- Reuters
ROME (Reuters) – Leonardo and Siemens on Thursday said they signed a memorandum of understanding to offer cybersecurity solutions for infrastructure in the energy, oil and gas and industrial sectors.
- Reuters
By Joseph White DETROIT (Reuters) – Ford Motor Co unveiled a new electric Courier van aimed at winning business customers in Europe, and boxing out electric van startups such as Arrival SA.
- Reuters
DUBLIN (Reuters) – Aircraft leasing company Avolon on Thursday said the reopening of China after it eased strict COVID-19 rules has boosted levels of leasing and trading activity.
- Reuters
BERLIN (Reuters) – German industrial production rose significantly more than expected in February due in part to vehicle manufacturing, increasing 2.0% on the previous month, the federal statistical office said on Thursday.
- Reuters
BEIJING (Reuters) – Among the French business executives travelling to Beijing with President Emmanuel Macron, the mood was cautiously sanguine on the thawing post-pandemic trade prospects with China, with some rejecting American-led calls for ‘decoupling’.
- Reuters
(Reuters) – Shell Plc said on Thursday it expects to post an adjusted corporate loss of between $1.2 billion and $0.9 billion for the first quarter, due to one-off tax charges.
- Reuters
By Tommy Wilkes and Patturaja Murugaboopathy
- Reuters
MILAN (Reuters) – The head of Italy’s UniCredit expects the European Central Bank (ECB) to take a ‘balanced approach’ on interest rate hikes, acting on the basis of economic data as they become available given the high level of uncertainty.
- Reuters
By Joanna Plucinska and Silvia Aloisi LONDON/PARIS (Reuters) – European aviation is gearing up for Easter travel disruptions marked by strikes and cancellations, in a major test of the industry’s ability to prevent a repeat of last year’s summer holiday season chaos.
- Reuters
BENGALURU (Reuters) – Apple Inc is set to open its first official retail store in India’s financial hub of Mumbai, the iPhone maker said on Wednesday.