Lifestyle

Live Nation’s revenue beats estimates as boom in concerts drive ticket sales
Live Nation’s revenue beats estimates as boom in concerts drive ticket sales
May 2, 2024
TICKETMASTER parent Live Nation Entertainment beat estimates for first-quarter revenue on Thursday, driven by the popularity of live events such as concerts, sending its shares up more than 3...
Oil settles near 7-week lows, focus shifts to economy
Oil settles near 7-week lows, focus shifts to economy
May 2, 2024
OIL prices settled on Thursday near their lowest level in seven-weeks, narrowly mixed and under pressure from weaker global demand, rising inventories and fading hopes for a quick cut in...
NYSE-parent ICE’s revenue misses as muted IPO markets offset record energy trading
NYSE-parent ICE’s revenue misses as muted IPO markets offset record energy trading
May 2, 2024
INTERCONTINENTAL Exchange (ICE) reported first-quarter revenue slightly below estimates on Thursday (May 2) as an uneven recovery in US initial public offerings cut into the upswing from record trading...
Thomson Reuters lifts 2024 forecast on first quarter revenue result
Thomson Reuters lifts 2024 forecast on first quarter revenue result
May 2, 2024
THOMSON Reuters beat first quarter revenue forecasts, lifted its financial outlook for 2024 and raised its annual dividend by 10 per cent to US$2.16 on Thursday (May 2) as...
US: Wall St opens higher after Fed leaves interest rates alone
US: Wall St opens higher after Fed leaves interest rates alone
May 2, 2024
Wall Street’s main indexes opened higher on Thursday (May 2), a day after the Federal Reserve left interest rates unchanged and allayed worries around potential rate hikes, with focus...
Japan’s Sumitomo Corp net profit down 32% on Madagascar one-off loss
Japan’s Sumitomo Corp net profit down 32% on Madagascar one-off loss
May 2, 2024
JAPANESE trading house Sumitomo Corp reported net profit for the fiscal year ended in March fell 31.7 per cent from a year earlier to 386.4 billion yen (S$3.4 billion),...
Moderna beats quarterly estimates as cost-cutting pares losses
Moderna beats quarterly estimates as cost-cutting pares losses
May 2, 2024
Moderna reported a narrower first-quarter loss than Wall Street had expected, as the biotech giant’s cost-cutting helped offset a steep decline in its Covid business.The Cambridge, Massachusetts-based company reported...
Shell maintains pace of buybacks as profit beats estimates
Shell maintains pace of buybacks as profit beats estimates
May 2, 2024
Shell kept up the pace of share buybacks as first-quarter profit dropped less than expected, maintaining the focus on shareholder returns that has become a hallmark of the oil...
Sumitomo to bolster shareholder returns in new mid-term plan
Sumitomo to bolster shareholder returns in new mid-term plan
May 2, 2024
Japanese trading firm Sumitomo said it will buy back its stock and adopt a progressive dividend policy, bringing it in line with the other four major peers in an...