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Showing posts from October 28, 2023

Third-quarter US earnings now seen growing 4.3% year-on-year -LSEG data

US third-quarter earnings estimates for S&P 500 companies are more positive than previously expected, with a projected increase of 4.3% compared to the same period last year, according to LSEG data. This estimate has increased from the previous forecast of a 2.6% gain. The results are based on reports from half of the S&P 500 companies and estimates for the rest. Despite concerns over rising US Treasury yields, investors are closely watching third-quarter earnings following a decline in the second quarter. from World News Headlines, Latest International News, World Breaking News - Times of India https://ift.tt/FKP9u8e

Spanish clergy sexually abused over 2,00,000 children, probe estimates

An independent commission in Spain has estimated that over 200,000 minors have been sexually abused by the Roman Catholic clergy since 1940. The report, which surveyed over 8,000 people, found that 0.6% of Spain's adult population said they had suffered sexual abuse by members of the clergy as children. Including abuse by lay members, the percentage rises to 1.13%. The commission also interviewed 487 victims who highlighted the lasting emotional impact of the abuse. The report criticizes the Catholic Church's response, calling for the creation of a state fund to compensate victims. from World News Headlines, Latest International News, World Breaking News - Times of India https://ift.tt/Rzhms3v