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US Q2 GDP growth unrevised at 2.1%; weekly jobless claims edge higher
WASHINGTON (Reuters) - The U.S. economy maintained a fairly strong pace of growth in the second quarter, the government confirmed on Thursday, and appears to have gathered momentum this quarter amid a...
Sep 28, 2023
China Evergrande chairman under scrutiny on suspicion of illegal crimes
(Reuters) -China Evergrande Group said on Thursday authorities have informed the embattled property developer that its chairman Hui Ka Yan has been subject to mandatory measures in accordance with the...
Sep 28, 2023
US GDP revised down in every first quarter from 2020 to 2022
By Lucia Mutikani WASHINGTON (Reuters) - U.S. economic activity was either even weaker or not as strong as previously estimated in each of the first quarters of 2020, 2021 and 2022 amid downgrades mos...
Sep 28, 2023
BBC updates social media rules for star presenters like Gary Lineker
LONDON (Reuters) - Britain's BBC said its top stars such as Gary Lineker could opine on political issues on social media but must stop short of campaigning, in new guidelines prompted by a row over th...
Sep 28, 2023
Sycamore to take Chico’s FAS private in $1 billion deal
(Reuters) - Apparel retailer Chico's FAS said on Thursday it would be acquired by private-equity firm Sycamore Partners in a $1 billion deal, including debt. Chico's FAS shareholders will receive $7.6...
Sep 28, 2023
JetBlue cuts revenue forecast due to weather disruptions, staffing gaps
(Reuters) - U.S. carrier JetBlue Airways warned on Thursday it expects third-quarter revenue to be at the low end of its prior forecast due to a bigger hit from weather-related disruptions and gaps in...
Sep 28, 2023
AI startup AlphaSense valued at $2.5 billion after latest funding round
By Jaiveer Shekhawat (Reuters) - Market intelligence platform AlphaSense has raised $150 million in a fresh round of funding that boosted its valuation to $2.5 billion, underscoring strong demand for ...
Sep 28, 2023
Britain’s famous Sycamore Gap tree ‘deliberately felled’
LONDON (Reuters) - The famous Sycamore Gap tree, located in a natural dip in the landscape alongside Hadrian's Wall in Northern England, is believed to have been "deliberately felled" overnight, the N...
Sep 28, 2023
Nigerian reform drive falters, threatening Africa’s biggest economy
By MacDonald Dzirutwe and Libby George LAGOS/LONDON (Reuters) - Nigerian President Bola Tinubu's lightning-fast reform push after taking office in May sparked hope that his administration would be a b...
Sep 28, 2023
AGCO Corp to acquire majority stake in Trimble’s agribusiness for $2 billion
(Reuters) -Agricultural machinery maker AGCO Corp said on Thursday it would acquire an 85% stake in GPS navigation products maker Trimble's agribusiness for $2.0 billion in cash. Shares of Trimble, wh...
Sep 28, 2023
Peoria, IL, USA
51 °F Overcast
