Finance

OPEC sticks to oil demand forecasts, says economy doing well

OPEC sticks to oil demand forecasts, says economy doing well

LONDON (Reuters) -OPEC made no changes on Thursday to its relatively high global oil demand growth forecasts for this year and next, and said the world economy was maintaining a solid growth tren...

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M&S’ digital chief exits months after damaging hack

M&S’ digital chief exits months after damaging hack

(Reuters) -Marks & Spencer’s chief digital and technology officer is stepping down from her role, months after a cyberattack crippled its online operations, the British retailer said on...

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Lovesac: Fiscal Q2 Earnings Snapshot

Lovesac: Fiscal Q2 Earnings Snapshot

STAMFORD, Conn. (AP) — STAMFORD, Conn. (AP) — The Lovesac Company (LOVE) on Thursday reported a loss of $6.7 million in its fiscal second quarter. On a per-share basis, the Stamford, Connecticut-...

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Italy’s Leonardo improves 2025 guidance on orders, cash, net debt

Italy’s Leonardo improves 2025 guidance on orders, cash, net debt

ROME (Reuters) -Italy’s aerospace and defence group Leonardo on Wednesday improved its 2025 guidance for orders, free cash flow and net debt, after posting “solid” results for t...

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Housing contract activity slumped again in June as buyers remain priced out

Housing contract activity slumped again in June as buyers remain priced out

Home contract signings slumped more than expected in June, the latest sign that the housing market is still essentially frozen. The Pending Home Sales Index slumped 0.8% from May and 2.8% from a y...

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Palo Alto Networks buying CyberArk in cash-and-stock deal valued at about $25 billion

Palo Alto Networks buying CyberArk in cash-and-stock deal valued at about $25 billion

Cybersecurity company Palo Alto Networks is buying CyberArk in a cash-and-stock deal valued at approximately $25 billion. CyberArk, which is based in Petach-Tikva, Israel, develops software that ...

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