Employees’ requests for paid time off for mental-health conditions are denied at a higher rate than straight medical claims, data show.
Mars’s bid for Kellanova highlights the benefits of being out of public view.
Representing a rural district, Kamala Harris’s running mate had an ‘A’ rating from the NRA—but also backed abortion rights and same-sex marriage.
The 10-year U.S. Treasury yield close to 3.9% is consistent with a scenario whereby recession risk is mounting and the Federal Reserve is ready to cut interest rates, but over a longer horizon it should eventually settle higher, ING said.
Puma narrowed its earnings guidance for the current year, citing muted consumer sentiment, particularly in China, as well as higher freight costs and changing duties.
European and other Asian indexes made gains, and U.S. stock futures edged higher. Earnings are due from Walt Disney.
Gold futures were flat and Pepperstone said there are increased flows into gold exchange traded funds and gold buyers supporting the moving average, though there is a clear hesitancy to push the price further.
Oil prices edged higher in volatile trade on reports of a surprise build in U.S. crude inventories and disappointing import data from China.
Germany’s industrial sector picked up pace in June, with the country’s automotive industry in particular helping output, although questions remain as to whether this represents a sustained recovery for the sector.
The euro could rise against the dollar as the market is unlikely to trim its Federal Reserve interest-rate cut expectations much further but the same cannot be said for European Central Bank pricing, ING said.
Sony Group reported a rise in first-quarter net profit on the strength of its game, music and imaging-sensor businesses.
Maersk on Wednesday posted a drop in second-quarter net profit, despite strong container-shipping demand in a market of supply-chain disruptions.
The Nikkei surges as the Bank of Japan’s deputy governor says it won’t raise interest rates when markets are unstable.
Beiersdorf said its first-half sales and net profit grew, helped by demand for its Nivea skin-care products, though weakness in China hurt luxury line La Prairie.
The Japanese company maintained its revenue and net profit forecasts for the fiscal year.
Puma narrowed its earnings guidance for the current year, citing muted consumer sentiment, particularly in China, as well as higher freight costs and changing duties.
Continental now anticipates 2024 production of cars and light commercial vehicles to fall between 1% to 3%.
Sony Group raised its fiscal-year earnings forecasts as it reported a rise in first-quarter net profit on the strength of its game, music and imaging-sensor businesses.
Japanese technology investor SoftBank Group sank into the red again in the latest quarter, dragged by losses at its main investment vehicle.
Glencore said it would keep its coal unit following the acquisition of Elk Valley Resources, as it unexpectedly reported a net loss for the first half of the year.
Germany’s trade surplus was lower in June as exports fell 3.4%, with economists expecting a lower drop.
WPP agreed to sell its majority stake in public-relations firm FGS to KKR for $775 million and cut its revenue outlook for the full year.
Commerzbank announced a $656 million share buyback and confirmed its full-year guidance after its first-half results were in line with forecasts.
Ahold Delhaize net profit rose slightly in the second quarter after sales beat market expectations, and the grocery group reiterated its full-year forecasts.
