Reuters

(Reuters) - Realty Income topped Wall Street expectations for quarterly revenue on Monday, as the company benefited from higher occupancy and increased rental revenue from its properties.

The real estate investment trust, which has more than 15,450 properties across the United States and Europe, leases its locations to clients in a variety of industries including retail, restaurants, industrial and gaming.

Realty Income, which has been... (continue reading...)

SEOUL (Reuters) - South Korea's foreign exchange reserves dropped in April by the biggest amount in 19 months as authorities intervened in the currency market to curb weakness in the won currency.

Reserves stood at $413.26 billion at the end of April, down $5.99 billion from $419.25 billion a month earlier, central bank data showed on Tuesday. It was the biggest monthly fall since September 2022.

The Bank of Korea said the fall was due... (continue reading...)

By Alexandra Ulmer

(Reuters) - Former National Enquirer publisher David Pecker, who testified at Donald Trump's criminal trial last month, was targeted in a fake emergency the same day he took the stand in New York, according to police records seen by Reuters.

The previously unreported April 25 "swatting" incident, or filing of a false report to trigger a potentially dangerous response, is one in a wave of violent threats against U.S.... (continue reading...)

(Reuters) - Air Lease Corp reported a lower-than-expected quarterly profit on Monday as it made higher interest payments on funds borrowed to finance aircraft purchases.

The California-based company's results have gained in recent quarters as supply of aircraft from the world's top two planemakers, Boeing and Airbus, have been constrained mainly due to parts and labor shortages.

But Air Lease's interest payments rose 19.8%, to $181.6... (continue reading...)

By Ananya Mariam Rajesh

(Reuters) -Beauty company Coty beat Wall Street expectations for third-quarter revenue on Monday and said it expects to achieve the high end of its annual targets, riding on steady global demand for its luxury and mass-market products.

Shares of the company were up about 3% in aftermarket trading.

The CoverGirl parent has been investing heavily in new product launches and collaborations with influencers... (continue reading...)