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29 Aug

Jif peanut butter maker J.M. Smucker lifts profit forecast on higher prices, lower costs

Jif peanut butter maker J.M. Smucker on Tuesday raised its annual profit forecast on higher prices of its jams, jellies and pet food products as well as moderating costs of packaging and raw materials.

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29 Aug

BMO, Scotiabank miss profit estimates as bad loan provisions, costs rise

(Reuters) -Bank of Montreal and Bank of Nova Scotia, Canada's third and fourth largest banks, missed analysts' estimates for quarterly profit on Tuesday as they set aside more funds to cover for bad loans.

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29 Aug

Japan at 'inflection point' in 25-year battle with deflation - govt

Japan may be at an inflection point in its 25-year battle with deflation as price and wage rises show signs of broadening, the government said on Tuesday, signalling its conviction the economy was nearing an end to prolonged stagnation.

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29 Aug

Bank of Montreal profit falls on higher bad loan provisions

(Reuters) -Bank of Montreal on Tuesday reported a decline in third-quarter profit as the Canadian lender set aside more rainy-day funds to cover potential losses from loan defaults.

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29 Aug

Brazil's Marfrig sells abattoirs to Minerva in $1.5 billion deal

SAO PAULO (Reuters) -Brazilian meatpacker Marfrig has agreed to sell 16 slaughtering plants to rival Minerva for 7.5 billion reais ($1.54 billion) in a deal that will significantly change its profile in South America, according to a securities filing.

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29 Aug

Bank of Montreal's quarterly profit falls on higher bad loan provisions

Bank of Montreal on Tuesday reported a decline in third-quarter profit as the Canadian lender set aside more rainy-day funds to cover potential losses from loan defaults.

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28 Aug

OpenAI releasing version of ChatGPT for large businesses

(Reuters) -Artificial intelligence leader OpenAI said on Monday it is releasing a version of ChatGPT targeted to large businesses, increasing the overlap in what OpenAI and its financial backer Microsoft offer to customers.

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