By Kyle Morris Unilever PLC said in a trading statement Thursday that third-quarter underlying sales and turnover rose as price growth accelerated and volumes fell, and lifted its sales guidance Read more
Tag: raises
Daimler Truck raises 2022 outlook after strong quarter
Daimler Truck Holding AG raised its 2022 outlook after strong vehicle sales and higher prices helped results in the third quarter, it said late Wednesday. The German truck maker DTG, Read more
UPDATE: Kraft Heinz shares up 3.9% premarket after earnings top estimates as company raises prices by 15.4%
Kraft Heinz Co. shares KHC, +1.48% soared 3.9% in premarket trade Wednesday, after the food company blew past earnings estimates for the third quarter. The company posted net income of Read more
Indonesia’s central bank raises rates further in bid to cool inflation
Indonesia’s central bank raised its benchmark interest rate further on Thursday in a bid to reduce inflation and to ensure the stability of the rupiah. Bank Indonesia raised its seven-day Read more
Palo Santo raises $50 mln for largest-ever venture capital fund focused purely on psychedelic medicine
Venture capital fund Palo Santo is closing its oversubscribed debut fund with $50 million of commitments in what the two-year-old firm describes as the largest pure-play venture capital pool dedicated Read more
Airline stocks climb after American Airlines raises revenue outlook
Airline stocks climbed before market open on Tuesday after American Airlines raised its third-quarter revenue outlook. American Airlines Group Inc. AAL, +1.24% expects third-quarter revenue to be up approximately 13% Read more
India Central Bank raises rate to help control high inflation
India’s central bank raised its policy rate in a bid to curb high inflation. Reserve Bank of India Gov. Shaktikanta Das said Friday that the monetary-policy committee decided to increase Read more
Swiss National Bank raises interest rates by 75 basis points
Switzerland’s National Bank on Thursday raised interest rates for the second time in as many meetings, catching up with other central banks as the country faces the highest inflation rate Read more
Swiss National Bank raises interest rates by 75 basis points
Switzerland’s National Bank on Thursday raised interest rates for the second time in as many meetings, catching up with other central banks as the country faces the highest inflation rate Read more
U.K. regulator raises energy price cap by 80% to £3,549 a year
U.K. energy regulator Ofgem said Friday that it has raised the country’s price cap by 80% to £3,549 ($4,200) a year, and warned that prices could get significantly worse through Read more