BUSINESS

The Tim logo is seen at its headquarters in Rome, Italy November 22, 2021.

Telecom Italia Trims Expected 2022 Core Profit Drop

Telecom Italia (TIM) has trimmed its expected profit drop for 2022 to lift its outlook on the back of its second-quarter results, helped by cost cutting and the contribution from the company's Brazilian subsidiary.

Ben & Jerry's Says Unilever Froze Directors' Salaries

Ben & Jerry's, a brand of Unilever, is seen on display in a store in Manhattan, New York City, U.S., March 24, 2022.
Ben & Jerry's independent board said parent company Unilever Plc, with which it is locked in a dispute over the sale of its Israeli business, had frozen its directors' salaries in July as a pressure tactic ahead of a mediation on the matter.

Exclusive: UnitedHealth Struggling To Sell Brazilian Unit Amil

The Amil Participacoes SA's headquarters is pictured in Rio de Janeiro on October 8, 2012 just before UnitedHealth Group Inc bought it.
UnitedHealth Group Inc, the top U.S. healthcare company by market capitalization, is struggling to sell Brazilian unit Amil due to antitrust issues and growing losses from individual health plans, according to four people with knowledge of the matter.
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The GM logo is seen at the General Motors Lansing Grand River Assembly Plant in Lansing, Michigan October 26, 2015.

GM Doubles Miles Open To Its Super Cruise Technology

General Motors Co said on Wednesday owners of certain vehicles equipped with its Super Cruise assisted driving system will now be able to use it on 400,000 miles (643,740 km) of North American roads, doubling the current operating area as Tesla and other automakers race to deploy hands-free cruising technology.
Traders work on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., March 7, 2022.

Wall St Eyes Bounce Back Ahead Of Services Activity Data

U.S. stock indexes were set for higher open on Wednesday after two days of declines as focus shifted to services activity data due later in the session for more clues on the health of the economy, while PayPal soared on raising its forecast.

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