Feb 4 (Reuters) - Spotify ( SPOT ) forecast first-quarter profit above market estimates on Tuesday as the Swedish audio-streaming giant benefits from steady user growth, price hikes and a cost-cutting drive. The company expects operating income of 548 million euros ($566.19 million) in the current quarter, above analysts' average estimate of 450.6 million euros, according to data compiled by...

(Reuters) - Spotify ( SPOT ) forecast first-quarter profit above market estimates on Tuesday as the Swedish audio-streaming giant benefits from steady user growth, price hikes and a cost-cutting drive. The company expects operating income of 548 million euros ($566.19 million) in the current quarter, above analysts' average estimate of 450.6 million euros, according to data compiled by LSEG. It...

BERLIN, Feb 4 (Reuters) - Rheinmetall CEO Armin Papperger said on Tuesday his company had cotton linters in stock to sustain gunpowder production for more than four years. Speaking at a Handelsblatt conference in Berlin, he was responding to a question on the arms maker's dependency on China. ...

Feb 4 (Reuters) - Pepsico ( PEP ) forecast annual profit below expectations and missed quarterly revenue estimates on Tuesday, as the Frito-Lay maker faces weakening demand for its sodas and snacks in the U.S., its largest market. Americans are still paring back spending on sodas and salty snacks to save their dollars for essentials, forcing PepsiCo ( PEP )...