Eli Lilly tops revenue estimates on boost from diabetes drugs
Eli Lilly and Co beat analysts’ estimates for quarterly profit on Tuesday and raised its full-year earnings forecast, as higher sales of diabetes drugs Trulicity...
Possible dissent hangs over Fed’s first rate cut in a decade
U.S. Federal Reserve policymakers will not surprise markets if they deliver on expectations and cut U.S. interest rates for the first time in a decade...
Huawei warns on U.S. ban after China smartphone sales drive first-half revenue
Chinese tech giant Huawei Technologies warned on Tuesday a U.S. trade blacklisting will impact short-term revenue growth, even as its half-year revenue surged 23% thanks...
Trump warns China not to wait for 2020 U.S. election to make trade deal
U.S. President Donald Trump on Tuesday warned China against waiting out his first term in office to finalize any trade deal, saying if he wins...
China says most people in Xinjiang camps have ‘returned to society’
Most people sent to mass detention centers in China’s Xinjiang region have “returned to society”, a senior official from the region said on Tuesday, but...
Texas shale pioneers struggle to appease investors, compete with majors
Seven years ago, Diamondback Energy Inc went public with a modest parcel of drillable land in the Permian Basin of West Texas....
In Belgium, horses pull shrimp nets in tradition unchanged for 600 years
In the small western Belgian fishing village of Oostduinkerke, fishermen use horses, rather than boats, to go shrimp fishing — one of the very few...
D.R. Horton tops estimates on higher home sales, lower mortgage rates
No.1 U.S. homebuilder D.R. Horton Inc beat Wall Street estimates for third-quarter profit and revenue on Tuesday, boosted by higher home sales and declining mortgage...
Israeli work management firm monday.com raises $150 million
Israel’s monday.com, a work management platform, said on Tuesday it raised $150 million in a late-stage financing round, bringing total funding to $234.1 million....
Xerox cuts full-year revenue forecast
Xerox Inc cut its full-year revenue forecast on Tuesday, citing organizational changes, primarily in North America....