Category Archives:
Bank of Israel to raise rates 25 bps next week, may be last in cycle – Reuters poll
By Steven Scheer JERUSALEM (Reuters) - Israel's central bank is expected to raise short-term interest rates by another quarter-point to a more than 16-year high next week, in what may be the last incr...
May 18, 2023
Bath & Body Works beats quarterly profit estimates on higher prices
(Reuters) - Bath & Body Works Inc beat first-quarter profit expectations on Thursday, as higher product prices outweighed cost pressures and a slowdown in demand, sending its shares up over 9% in prem...
May 18, 2023
No respite for wildfire-hit Alberta as conditions set to worsen
OTTAWA (Reuters) - Abnormally hot and dry weather is set to return to Alberta on Thursday after a couple of cooler days helped calm wildfires that have forced thousands of evacuations and disrupted pr...
May 18, 2023
Alibaba fourth-quarter revenue rises 2%
(Reuters) - China's Alibaba Group Holding Ltd said on Thursday that fourth-quarter revenue climbed 2%, missing expectations. The 208.20 billion yuan ($30.12 billion) logged for the three months ended ...
May 18, 2023
Grab beats quarterly revenue estimates
(Reuters) - Grab Holdings Ltd beat first-quarter revenue estimates on Thursday, driven by growth in its core rideshare and food-delivery businesses. Revenue more than doubled to $525 million in the qu...
May 18, 2023
Walmart lifts annual sales, profit view on resilient consumer spending
(Reuters) -Walmart Inc raised its annual sales and profit targets on Thursday as the retail behemoth drew from price-conscious shoppers trading down to cheaper groceries, easing worries of softening c...
May 18, 2023
Canada Goose sees annual sales above estimates on China rebound
(Reuters) -Canada Goose Holdings Inc forecast annual sales above Wall Street estimates on Thursday, betting that a sharp rebound in key luxury market China would help the luxury winterwear maker ride ...
May 18, 2023
Polish news websites hit by DDoS attacks
WARSAW (Reuters) - Several Polish news websites were hit by distributed denial-of-service (DDoS) attacks that the government said could be the action of Russian hacking groups, the digitalisation mini...
May 18, 2023
PacWest, Western Alliance lead rebound in US regional lenders
(Reuters) - Battered shares of PacWest Bancorp and Western Alliance Bancorp edged higher premarket on Thursday as the U.S. midsize lenders looked to sustain a recent rebound powered by bets that the w...
May 18, 2023
Italian Design Brands shares rise on first day of trading
MILAN (Reuters) - Shares in Italy's Italian Design Brands (IDB), a hub of Italian furniture and lighting companies, jumped more than 3% on their Milan bourse debut on Thursday. At around 1000 GMT IDB'...
May 18, 2023
Peoria, IL, USA
51 °F Sunny
