Finance

Fintech Ramp secures $22.5 billion valuation in late-stage funding round

Fintech Ramp secures $22.5 billion valuation in late-stage funding round

(Reuters) -Fintech Ramp said on Wednesday it had raised $500 million at a valuation of $22.5 billion in a late-stage funding round led by investment firm ICONIQ. Ramp offers corporate cards, paym...

Read More
Idex: Q2 Earnings Snapshot

Idex: Q2 Earnings Snapshot

NORTHBROOK, Ill. (AP) — NORTHBROOK, Ill. (AP) — IDEX Corp. (IEX) on Wednesday reported second-quarter earnings of $131.6 million. The Northbrook, Illinois-based company said it had profit of $1.7...

Read More
Weak rouble, higher oil may help Russia if Trump’s tariffs hit, analysts say

Weak rouble, higher oil may help Russia if Trump’s tariffs hit, analysts say

By Elena Fabrichnaya MOSCOW (Reuters) -Russian markets reacted cautiously to U.S. President Donald Trump’s threat to impose new sanctions, with analysts saying on Wednesday a weaker rouble ...

Read More
Vans parent VF Corp beats quarterly revenue estimates on improving demand

Vans parent VF Corp beats quarterly revenue estimates on improving demand

(Reuters) -VF Corp beat first-quarter revenue estimates on Wednesday, helped by an uptick in demand for its apparel and footwear products, sending its shares up about 13% in premarket trading. Th...

Read More
European economy sees growth of only 0.1% as scramble to get ahead of US tariffs goes into reverse

European economy sees growth of only 0.1% as scramble to get ahead of US tariffs goes into reverse

FRANKFURT, Germany (AP) — Europe’s economy barely grew in the April-June quarter as frantic earlier efforts to ship goods ahead of new U.S. tariffs went into reverse and output fell for the ...

Read More