Thursday 28 April 2022

Reuters Business: Several European traders have started to pay for Russian gas in roubles - sources

Several European traders have started to pay for Russian gas in roubles - sources

Some European traders have started to pay Russia for gas sales in roubles, while large clients have yet to do so, two sources familiar with the matter told Reuters on Thursday.

Serbia inks $200 mln deal with Stellantis to produce electric cars

Serbia on Thursday signed a 190 million euro ($199.67 million) deal with Franco-Italian car maker Stellantis for the production of an electric vehicle at its car manufacturing plant in Kragujevac.

Domino's Pizza misses U.S. same-store sales estimates

Domino's Pizza Inc missed Wall Street estimates for quarterly U.S. same-store sales on Thursday, as the fast-food chain struggled to bring in revenue due to a broader reopening of dine-in restaurants and labor shortages.

Omicron, imports expected to restrain U.S. growth in first quarter

U.S. economic growth likely slowed sharply in the first quarter as a wave of COVID-19 cases curbed activity, but retained sufficient underlying strength to keep the expansion on track amid headwinds from soaring inflation and rising interest rates.

English company insolvencies hit 10-year high as COVID support fades

Company insolvencies in England and Wales rose to their highest since 2012 in the first three months of this year following the end of emergency COVID support measures, while individual insolvencies were the highest since 2018.

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Price increases help McDonald's beat profit estimates

McDonald's Corp beat estimates for quarterly sales and profit on Thursday as the world's largest fast-food chain benefited from price increases in the United States and the launch of a new loyalty program.

Comcast revenue tops estimates as Super Bowl, Olympics lift media business

Comcast Corp's first-quarter revenue beat Wall Street expectations on Thursday, as the media giant benefited from its broadcasts of the Super Bowl and Beijing Olympics, as well as a rebound in theme park attendance.

Brazilian airline Gol posts Q1 beat on higher revenue, FOREX gains

Brazilian airline Gol Linhas Aereas Inteligentes SA on Thursday reported higher-than-expected first quarter net income as currency gains helped offset higher fuel prices.

Lazard profit beats estimates on robust financial advisory revenue

Investment bank Lazard Ltd sailed past Wall Street estimates for quarterly profit on Thursday, driven by higher fees from financial advisory that cushioned the blow from lower asset management.

Hershey raises annual earnings forecast on higher prices, robust demand

Hershey Co raised its full-year sales and profit forecast on Thursday, as the Kit Kat maker expects to benefit from price hikes and strong demand for its chocolates and candies.

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