Town Hall News

NEW YORK (Reuters) – U.S. employers boosted hiring in April while raising wages for workers, pointing to sustained labor market strength that could see the Federal Reserve keeping interest rates higher for some time. Nonfarm payrolls rose by 253,000 jobs, the Labor Department’s employment report showed on Friday, while March was revised lower to 165,000 jobs added from 236,000. Economists polled by Reuters had forecast payrolls rising by 180,000. The […]

MILAN (Reuters) -Agricultural and construction machine maker CNH Industrial on Friday raised forecasts for its full-year revenue as operating profit topped expectations in the first quarter. The Italian American manufacturer however burnt cash in the January to March period, with its free cash flow in industrial activities coming in negative for $673 million. By 1155 GMT Milan-listed shares in CNH were down 1.8%, after initially extending gains following its earnings […]

PARIS (Reuters) – Paris St Germain manager Christophe Galtier said he had nothing to do with the club’s decision to suspend Lionel Messi while he also condemned the Ligue 1 side’s fans for staging protests outside Neymar’s house. French media reported that Messi was suspended for two weeks after an unauthorised trip to Saudi Arabia when he was supposed to train with his team following their 3-1 defeat at home […]

(Reuters) -AMC Entertainment Holdings Inc beat Wall Street estimates for first-quarter revenue on Friday, as a string of hit films including the latest installment of Marvel’s “Ant-Man” drove more moviegoers to theaters. Shares of the Leawood, Kansas-based company, which operates over 900 theaters globally, rose nearly 4% in trading after the bell. To attract more audiences to its theaters, AMC in February started a new program where it provides moviegoers […]

By Michael Holden LONDON (Reuters) – King Charles will hold a reception on Friday for world leaders gathered in London for his coronation this weekend, the biggest ceremonial event to be staged in Britain for 70 years. Charles, 74, and his wife Camilla will be crowned at London’s Westminster Abbey in a glittering but solemn religious ceremony with traditions dating back some 1,000 years, followed by a procession, resplendent with […]

(Reuters) – AMC Entertainment Holdings Inc beat Wall Street estimates for first-quarter revenue on Friday, as a string of hit films including the latest installment of Marvel’s “Ant-Man” drove more moviegoers to theaters. Revenue for the quarter was $954.4 million, compared with analysts’ expectation of $948.5 million, according to Refinitiv IBES data. (Reporting by Tiyashi Datta and Yamini Kalia in Bengaluru; Editing by Anil D’Silva) Brought to you by www.srnnews.com

By Ankika Biswas and Sruthi Shankar (Reuters) -U.S. stock index futures rose on Friday as upbeat results from Apple underscored resilience in corporate earnings despite a slowing U.S. economy, while investors awaited a monthly employment report to gauge the outlook for interest rates. Apple Inc gained 2.7% in premarket trading on better-than-expected results, helped by strong iPhone sales and notable inroads in India and other newer markets. The company’s executives […]

By Aditya Soni (Reuters) -Lyft Inc shares tumbled 17% in premarket trading on Friday as the ride-hailing company’s strategy to claw back market share from rival Uber with lower fares stoked concerns about a hit to its profit margins. At least nine analysts slashed their price targets on a stock that has widely underperformed the market this year. The company’s market capitalization was set to decline by nearly $700 million […]

(Reuters) -Russia’s main mercenary group threatened on Friday pull out of the eastern Ukrainian city of Bakhmut in a new sign of tension among Russian armed forces as Ukraine readies a huge military push to try to end their invasion. WAGNER * Standing in a field of corpses, Russian mercenary boss Yevgeny Prigozhin published an expletive-ridden video personally blaming top defence chiefs for losses suffered by his Wagner Group fighters […]