Fwire News - Page 4
UnitedHealth's quarterly profit beats estimates
(Reuters) - UnitedHealth Group Inc, the largest U.S. health insurer, raised its earnings forecast for the year and posted a quarterly profit that beat Wall Street estimates, helped by strength across its businesses.
Deutsche Bank ends talks over sale of India business - sources
FRANKFURT (Reuters) - Deutsche Bank has ended talks to sell its Indian retail and wealth management business to private lender IndusInd Bank Ltd, two people with knowledge of the matter said on Tuesday. The German bank is now considering retaining the business under its new chief executive, Christian Sewing, said the people, who spoke on condition of anonymity.
Oil supported as investors factor in supply risks
By Amanda Cooper LONDON (Reuters) - Oil edged up on Tuesday, supported by investors' growing concern over the potential for disruptions to crude supply, especially in the Middle East. Brent crude oil futures were up 4 cents at $71.46 a barrel by 1145 GMT, while U.S. crude futures edged up 8 cents to $66.30 a barrel

Goldman profit up 27 percent as trading surges
(Reuters) - Goldman Sachs Group Inc reported a 27 percent rise in quarterly profit, driven by a surge in trading amid increased market volatility.

UnitedHealth profit beats on strong growth across businesses
(Reuters) - UnitedHealth Group Inc on Tuesday posted a quarterly profit that beat Wall Street estimates, fueled by growth in its core insurance and health-services businesses and raised its earnings forecast for the year.
J&J quarterly profit beats on demand for cancer drugs
(Reuters) - Johnson & Johnson reported a better-than-expected first-quarter profit on Tuesday and raised its full-year sales forecast, helped by growing demand for its cancer drugs. J&J's pharmaceuticals sales rose 3.8 percent to $3.04 billion, driven by sales of its cancer drugs such as Darzalex, Imbruvica and Zytiga that rose 45 percent to $2.31 billion in the quarter. J&J raised its full-year sales forecast to $81.0 billion to $81.8 billion from its previous forecast of $80.6 billion to $81.4 billion
Exclusive: Chinese exporters concerned about U.S.-China trade spat - survey
By James Pomfret and Venus Wu GUANGZHOU, China (Reuters) - As Washington and Beijing face off in a simmering trade dispute, Chinese exporters are expressing concerns about an escalation, although many say they expect the worst to be averted as negotiations continue.
China posts strong Q1 growth as robust consumer demand buffers trade worries
By Elias Glenn BEIJING (Reuters) - China's economy grew at a slightly faster-than-expected pace of 6.8 percent in the first quarter, buoyed by strong consumer demand and robust property investment. Resilience in the world's second-largest economy will likely keep a synchronized global recovery on track for a while longer, even as China faces rising tensions with the United States that could impact billions of dollars in trade.
Gold dips as sharper risk appetite lifts equities
By Jan Harvey LONDON (Reuters) - Gold fell on Tuesday as sharper appetite for risk benefited cyclical assets at bullion's expense, though losses were capped by the dollar's slip to three-week low against a basket of currencies. Gold rallied to a 2-1/2 month high last week as heightened tensions over Syria and U.S.
