May 2 (Reuters) - Electric and gas utility firm Consolidated Edison ( ED ) beat Wall Street estimates for first-quarter profit on Thursday, helped by higher electricity rates and lower operating expenses. On an adjusted basis, the New York-based company said it earned $2.15 per share in the January-March quarter, compared with analysts' estimate of $1.88 per share, according to...

May 2 (Reuters) - Games Global, the UK-based maker of online casino-styled games, said on Thursday it was targeting up to $2.13 billion in valuation in its initial public offering in the United States. The U.S. IPO market is on a rebound in 2024 after a two-year dry spell amid firming hopes of a soft landing for the economy. The...

May 2 (Reuters) - LATAM Airlines's net profit more than doubled during the first quarter to reach $258 million, a filing said on Thursday. The Santiago-based carrier saw its quarterly revenues increase 18.4% to $3.32 billion. ...

WASHINGTON, May 2 (Reuters) - The U.S. Army said Congress doubled to $6 billion its funding request for buying and building 155 millimeter artillery rounds to replace stocks depleted by shipments to Ukraine and now Israel, an Army official said on Thursday. Demand for 155 mm artillery rounds has soared since Russia invaded Ukraine in February 2022. Allies' supplies for...