Oil producer APA’s second-quarter profit nearly triples
U.S. oil producer APA Corp (APA.O) reported a second-quarter profit that nearly tripled on Wednesday, bolstered by surging crude prices. Houston, Texas based APA is
Category: Business
EBay’s luxury focus drives earnings beat as consumer spending slows
EBay Inc (EBAY.O) beat second-quarter earnings estimates on Wednesday as the e-commerce company’s focus on selling luxury products tempered the hit from a slowdown in
Colombia central bank technical team sees higher interest rate than market
The technical team of Colombia’s central bank is predicting a higher benchmark interest rate than that projected by the market because of increased inflationary pressures
Robinhood CEO rejects prospect of deal as shares trade higher on earnings
The chief executive of Robinhood Markets Inc (HOOD.O) on Wednesday dismissed the idea that the company might be acquired after it announced job cuts as
Latam’s MercadoLibre profits soar, company plans growth
South American e-commerce giant MercadoLibre Inc (MELI.O) reported on Wednesday that its second-quarter net income rose 79.8% year-on-year, beating earnings forecasts. The company, present in
Walmart to cut hundreds of corporate jobs
Walmart Inc (WMT.N) is cutting hundreds of corporate roles in a restructuring effort, the Wall Street Journal reported on Wednesday, citing people familiar with the
KFC parent doubles down on deals as consumers cut spending
Yum Brands Inc (YUM.N) said on Wednesday it would offer new items and promotional deals as it seeks to reverse a slowdown in demand for