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Lennar shares gain 3% on better than expected Q4 results; report seen as strong

By Davit Kirakosyan and Senad Karaahmetovic Lennar Corp (NYSE:LEN) shares rose more than 3% following the company’s reported Q4 results, with EPS of $2.12 coming in better than the consensus estimate.

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H&M slips out of fashion as first-quarter sales lag

STOCKHOLM (Reuters) -H&M, the world’s second-biggest fashion retailer, reported on Wednesday a smaller-than-expected increase in sales over the period December to February, in the latest sign it is struggling to.

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Zara owner Inditex sees 2023 sales keep pace, but capex plans disappoint

By Corina Pons A CORUÑA, Spain (Reuters) -Zara owner Inditex (BME:ITX) said sales of its spring-summer 2023 collection jump over the past six weeks, but its shares fell on Wednesday as the.

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Apple supplier Foxconn to invest $300 million more in northern Vietnam, state media reports

HANOI (Reuters) – Apple (NASDAQ:AAPL) supplier Foxconn has signed a $300 million memorandum of understanding with Vietnamese developer Kinh Bac City to expand its facility in the north of the.

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Turkey cenbank takes steps to address credit availability after rate cut

ANKARA (Reuters) -Turkey’s central bank unveiled new measures on Saturday meant to address credit availability including higher reserve requirement collateral for lenders, days after it shocked markets with a 100.

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Biden administration touts $1 trillion infrastructure bill

By David Shepardson WASHINGTON (Reuters) – The White House is ramping up efforts to tout the $1 trillion bipartisan infrastructure bill and the effort to refurbish roads, bridges and airports.

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Tesla cuts delivery waiting time for Model Y in China to a minimum of 4 weeks

SHANGHAI (Reuters) -Electric auto giant Tesla (NASDAQ:TSLA) said on Thursday it has slashed the delivery waiting time for its Model 3 and Model Y cars in China as it ramps.

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Yellen tells IRS to produce $80 billion spending plan within six months

By David Lawder WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen has directed the head of the Internal Revenue Service to produce a detailed plan for deploying $80 billion in.

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Uniper posts $12.2 billion net loss on lower Russian gas deliveries

FRANKFURT (Reuters) -Germany’s Uniper, which secured a 15 billion euro bailout last month, reported a net loss of more than 12 billion euros ($12.2 billion) for the first half, partly.

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Dubai airport sees passenger travel surge, hikes annual forecast

DUBAI (Reuters) – The operator of Dubai International said on Wednesday over 14 million passengers had travelled through the airport in the second quarter, and raised its forecast for the.

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