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Turkey curbs credit card use for foreign travel, in blow to sector
By Ceyda Caglayan ISTANBUL (Reuters) - Turkey's banking watchdog has stopped allowing credit card payments by instalment for foreign travel, such as flights, travel agency fees and accommodation, in a...
Syndicated Content Aug 01, 2023
Crypto stocks dip after bitcoin slumps to six-week low
(Reuters) - Shares of cryptocurrency and blockchain related companies fell in premarket trading on Tuesday, as bitcoin hit a six-week low following a hack at Curve Finance, a platform where users can ...
Syndicated Content Aug 01, 2023
Medical device maker Zimmer Biomet lifts profit forecast as surgeries rebound
(Corrects paragraph 3 to remove reference to Abbott's hips and knees unit) (Reuters) -Zimmer Biomet Holdings Inc on Tuesday raised its full-year profit forecast, anticipating demand to hold up for its...
Syndicated Content Aug 01, 2023
Molson Coors bumps up annual forecast on strong demand for premium beers
(Reuters) - Molson Coors Beverage on Tuesday raised its annual sales and profit forecasts, boosted by strong demand for its core brands Miller Lite and Coors Light. The brewer joins rivals Anheuser-Bu...
Syndicated Content Aug 01, 2023
India asks Tesla to copy Apple in pairing Chinese, Indian suppliers -sources
By Nikunj Ohri, Shivangi Acharya and Aftab Ahmed NEW DELHI (Reuters) - As Tesla examines building a plant in India, officials have asked the company to emulate Apple in finding local firms to partner ...
Syndicated Content Aug 01, 2023
Networking startup Nile raises $175 million to challenge Cisco
By Krystal Hu (Reuters) - Nile, a networking startup co-founded by former Cisco Systems executives John Chambers and Pankaj Patel, has raised $175 million in a new round to fund its efforts to build a...
Syndicated Content Aug 01, 2023
Gartner lifts annual profit forecast on consulting, research demand
(Reuters) - Gartner raised its annual profit forecast after beating quarterly earnings estimates on Tuesday, on steady demand for research and consulting services in a tough economy. A dominant player...
Syndicated Content Aug 01, 2023
Altria beats revenue, profit expectations on demand for nicotine pouches
(Reuters) - Tobacco giant Altria Group on Tuesday edged past Wall Street revenue and profit expectations, buoyed by demand for spitless nicotine pouches and higher pricing. Altria, which has been rais...
Syndicated Content Aug 01, 2023
Rate hike push slows in July as Chile marks turn of the EM cycle
By Karin Strohecker and Vincent Flasseur LONDON (Reuters) - The pace and scale of interest rate hikes across major developed and emerging economies shifted into a lower gear in July with policy makers...
Syndicated Content Aug 01, 2023
Iran shuts down for two days because of ‘unprecedented heat’
DUBAI (Reuters) - Iran has announced Wednesday and Thursday this week will be public holidays because of "unprecedented heat" and told the elderly and people with health conditions to stay indoors, Ir...
Syndicated Content Aug 01, 2023
Peoria, IL, USA
61 °F Rain
