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Tuesday, February 20, 2018
(Reuters) - Home Depot Inc’s (HD.N) profit and revenue beat market estimates for the sixth straight quarter as more shoppers visited the No.1 U.S. home improvement chain and, on an average, spent more in an improving housing market. Shares of the company, which raised its quarterly dividend by...
Israeli police on Tuesday said they suspect a close confidant of Prime Minister Benjamin Netanyahu of offering a sitting judge a top posting in exchange for dropping a corruption case against Netanyahu's wife. The development marks the latest scandal to engulf the beleaguered Israeli leader's...
Walmart on Tuesday reported earnings that missed analysts' expectations for the holiday period, though revenue and same-store sales surpassed predictions as the big-box retailer attracted more shoppers with its expanded merchandise mix and achieved bigger tickets. The company's gross margins took a hit during the quarter due to...
TOULOUSE, France (Reuters) - Airbus (AIR.PA) is not planning a larger A350 jet and will focus on developing existing versions of the widebody aircraft, an executive said on Tuesday. Last summer, the European planemaker shelved tentative plans for a bigger A350 that would compete more directly with Boeing’s...
GM's decision was the latest in a series of steps it has made to put profitability and innovation ahead of sales and volume. Since 2015, GM has exited unprofitable markets including Europe, Australia, South Africa and Russia. It was not immediately clear how much fresh...
Bonds fell globally, with investors driving the benchmark Treasury yield up to the highest level in four years, as the dollar advanced with oil futures in New York. European shares erased earlier gains, after most Asian...
LONDON (Reuters) - A six-day rebound in world stocks began to splutter on Tuesday, as bond market borrowing costs regained traction and the dollar kicked firmly away from a three-year low. Europe’s main bourses saw steady start as lower domestic currencies helped their cause but weakness across...
And while the Irish government had been publicly extolling his suitability for the past few weeks, the campaign appeared either to be waged too halfheartedly, or else began too late, to dislodge the frontrunner. Madrid officials insisted that Berlin had promised them the ECB vice presidency in a...
Nirav Modi, the jeweller at the centre of the Rs 11,400 crore PNB fraud case, has made startling claims and blamed the bank for ‘destroying’ his brand and...