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04 May

EDF first-quarter sales jump but core profit outlook capped by outages

French state-owned utility EDF's first-quarter sales jumped 61% to 35.58 billion euros ($37.40 billion) on the back of higher power and gas prices but the firm was cautious about its core profit outlook.

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04 May

Europe needs more gas from Norway, Equinor CEO says

Europe needs more gas from Norway, and from Equinor, as the continent tries to wean itself from Russian gas, Equinor Chief Executive Anders Opedal said on Wednesday.

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04 May

Oklahoma governor signs ban on abortions after six weeks of pregnancy, effective immediately

(Reuters) -Oklahoma Governor Kevin Stitt signed a bill on Tuesday that bans abortion after six weeks of pregnancy, immediately outlawing almost all abortions in the state.

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04 May

Siemens Healthineers raises 2022 outlook on demand for COVID-19 tests

U.S.-German medical device maker Siemens Healthineers raised its 2022 targets on Wednesday due to increased demand for rapid COVID-19 antigen tests, and reported a rise in first-quarter revenue and earnings.

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03 May

Lyft offers lackluster profit goal, sees more driver spending; shares sink 25%

(Reuters) -Lyft Inc on Tuesday gave lackluster targets for operating earnings due to its need to spend more heavily to attract drivers back to its platform, sending its shares plummeting.

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04 May

Lyft shares tank 26% on higher cost of getting drivers back on street

(Reuters) -Lyft Inc stock plunged 26% on Tuesday after the ride hail company said it would have to spend more heavily to attract drivers and forecast operating earnings less than a quarter of Wall Street targets, reflecting the added costs.

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03 May

Lyft offers lackluster profit goal, forecasts more driver spending, shares sink 27%

(Reuters) -Lyft Inc on Tuesday gave lackluster targets for operating earnings due to its need to spend more heavily to attract drivers back to its platform, sending shares plummeting.

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