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AMC Theatres, Universal reach deal to bring new movies to homes earlier

AMC Theatres and Comcast Corp's Universal Pictures agreed to a major shift that will allow the studio's movies to be made available to U.S. audiences at home after just three weekends in cinemas, the companies announced on Tuesday.

Markets

Oreo maker Mondelez beats quarterly estimates on North America strength

Oreo maker Mondelez International Inc posted quarterly results above market expectations and raised its quarterly dividend by 11per cent on Tuesday, driven by strong demand for its snacks and chocolates in North America.

Markets

Starbucks same-store sales beat on delivery, drive-thru boost

Starbucks Corp on Tuesday reported a smaller-than-expected drop in quarterly comparable store sales as more people used its drive-thru and delivery options to buy coffee and food during coronavirus-driven lockdowns.

Markets

Amgen second-quarter revenue rises 6per cent, adjusted profit tops Street view

Amgen Inc on Tuesday reported second-quarter revenue rose 6per cent as higher sales of newer drugs, including recently-added psoriasis treatment Otezla, offset declining sales of older medicines.

Markets

Twitter temporarily restricts Donald Trump Jr.’s account over COVID-19 video

Twitter Inc said on Tuesday it had reined in access to Donald Trump Jr's account for 12 hours because a tweet he had posted violated the social media site's misinformation policy on COVID-19.

Markets

Rising COVID-19 cases dent US consumer confidence; housing market presses ahead

U.S. consumer confidence fell more than expected in July amid a flare-up in COVID-19 infections across the country, which is threatening the economy's recovery from an unprecedented recession caused by the pandemic.

Markets

JPMorgan’s development finance arm structures first deal

JPMorgan's 's development finance institution has structured its first deal, a US$250 million five-year green bond for a power firm in Georgia, as it targets US$100 billion for development projects annually, executives say.

Markets

Twitter limits Donald Trump Jr’s account over COVID-19 video

Twitter Inc said on Tuesday it had reined in access to Donald Trump Jr's account for 12 hours because a tweet he had posted violated the social media site's misinformation policy on COVID-19.

Markets

Once Canada’s oil relief valve, rail shipping grinds to near halt

After moving record-large Canadian oil volumes by rail just five months ago, shippers have hit the brakes, idling thousands of cars and tens of millions of dollars' worth of infrastructure.

Markets

Caterpillar results likely to shed light on strength of economic recovery

CHICAGO: When Caterpillar Inc reports earnings on Friday, investors will look for clues about the strength of economic recovery from the coronavirus pandemic. Since the heavy equipment maker is considered a bellwether for global economic activity, signals such as an earnings guidance or ...

Markets

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