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Investment

US companies leap over low profit hurdle

NEW YORK: A record high percentage of United States companies are beating analysts’ forecasts this earnings season, giving investors a glimmer of hope in what is still expected to be the slowest profit period since the financial crisis.

World

Roundup: U.S. equities post mixed weekly results amid Fed decision, downbeat data

NEW YORK, Aug. 1 (Xinhua) -- Wall Street's major averages posted mixed results in the week as investors digested the U.S. Federal Reserve's latest policy statement and a slew of grim economic data.

World

Four crew members on Norway cruise ship hospitalised with COVID-19

OSLO (Reuters) - Four crew members on a Norwegian cruise vessel were diagnosed with COVID-19 after it arrived at the Arctic port of Tromsoe early on Friday, said the University Hospital of North Norway where they are being treated.