Resilient factories battling with delays, rising costs

LONDON/TOKYO (Reuters) -Factories across the world are suffering from supply bottlenecks which sent prices skyrocketing in July, while a new wave of coronavirus infections in Asia demonstrated the fragile nature of the global recovery. Business surveys on Monday highlighted the…

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Wall Street falls as Amazon earnings disappoint

(Reuters) -Wall Street’s main indexes fell on Friday following a glum quarterly earnings report from Amazon.com, while data showing a strong rise in June consumer spending reinforced optimism about a steady economic rebound.FILE PHOTO: A Wall Street sign is pictured…

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Exxon posts highest profit in more than a year

FILE PHOTO: An Exxon sign is seen at a gas station in the Chicago suburb of Norridge, Illinois, U.S., October 27, 2016. REUTERS/Jim Young/File Photo(Reuters) – Exxon Mobil on Friday posted its first quarterly results following a contested board fight…

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Wall St rises as earnings lift outlook

NEW YORK (Reuters) – U.S. stocks ended higher on Thursday, boosted by robust U.S. earnings and forecasts, while data showed the U.S. economy was above its pre-pandemic level. The U.S. economy grew solidly in the second quarter, putting the level…

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