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27 Jul

AbbVie raises annual profit forecast as Humira stays strong, new drugs impress

AbbVie on Thursday raised its annual profit forecast after beating analysts' estimates for second-quarter earnings on a lower-than-expected fall in sales of blockbuster arthritis drug Humira and strong sales of newer treatments.

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27 Jul

Nestle sales outlook brightens after strong first half

LONDON (Reuters) -Nestle improved its full-year organic sales outlook and reported better-than-expected first-half organic sales, as the world's biggest packaged food company again raised prices to cope with higher input costs.

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26 Jul

Airbus posts higher Q2 core profit, narrows output focus

Europe's Airbus on Wednesday posted higher-than-expected underlying operating profit for the second quarter and reaffirmed its financial goals for the year, while narrowing its focus for future production to a single target.

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27 Jul

Nestle beats first-half organic sales expectations

LONDON (Reuters) -Nestle improved its full-year organic sales outlook and reported better-than-expected first-half organic sales, as the world's biggest packaged food company again raised prices to cope with higher input costs.

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26 Jul

IMF urges BOJ to move away from yield control, prepare for future tightening

TOKYO/WASHINGTON (Reuters) -The Bank of Japan should start preparing for future monetary tightening by moving away from its yield control policy, the International Monetary Fund's chief economist Pierre-Olivier Gourinchas said on Tuesday.

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26 Jul

Airbus posts higher profit, removes near-term output goal

PARIS (Reuters) -Europe's Airbus on Wednesday posted higher-than-expected underlying operating profit for the second quarter and reaffirmed financial goals for the year, while removing an interim industrial target on the route to record jet output.

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25 Jul

Purdue Pharma bankruptcy can proceed despite potential US Supreme Court appeal

OxyContin maker Purdue Pharma may proceed with a bankruptcy settlement that protects its Sackler family owners from lawsuits, despite a potential U.S. Supreme Court appeal in the case, a U.S. court ruled on Tuesday.

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