Category Archives:
Deutsche Bank investors ask if profits sustainable, question strategy
By Tom Sims FRANKFURT (Reuters) -Deutsche Bank investors on Wednesday questioned the sustainability of the lender's growth plans and called for a shift of resources from the investment bank, even as t...
May 17, 2023
Argentine shoemakers and tailors buckle under 109% inflation
By Horacio Soria BUENOS AIRES (Reuters) - In Juan Capano's shoemakers' workshop on the outskirts of Buenos Aires, 109% inflation makes a painful daily impact: constantly changing input costs for the l...
May 17, 2023
Biden to continue debt talks later this week amid G7, White House says
WASHINGTON (Reuters) -U.S. President Joe Biden will continue to hold talks with congressional leaders on the nation's debt limit later this week and will meet with them again after the G7 summit, a Wh...
May 17, 2023
Bank of England’s Bailey sees some cooling in job market
LONDON (Reuters) -Bank of England Governor Andrew Bailey said on Wednesday there were some signs of a cooling of inflation pressure in Britain's labour market but it was too soon to say the risks pose...
May 17, 2023
Broadcom offered interoperability remedies to address EU antitrust concerns over VMware deal -sources
BRUSSELS (Reuters) - Broadcom has has offered interoperability remedies in an attempt to address EU antitrust concerns about its $61 billion bid for VMware, people familiar with the matter said. Broad...
May 17, 2023
US regional bank shares jump on Western Alliance deposits growth
(Reuters) - Shares of U.S. regional lenders climbed premarket on Wednesday, looking to break out of range-bound trading as an update on Western Alliance Bancorp's deposit levels soothed concerns that ...
May 17, 2023
Exclusive-Polish fiscal policy should help tackle inflation – IMF
By Gergely Szakacs BUDAPEST (Reuters) - Poland's government must ensure its fiscal policies support the fight to bring inflation down, the International Monetary Fund's regional head told Reuters, day...
May 17, 2023
Israel’s Bezeq Telecom sees benefits from AI as posts flat Q1 profit
By Steven Scheer JERUSALEM (Reuters) -Bezeq Israel Telecom reported flat quarterly profit on Wednesday, and said it expects to reap benefits from an exponential expansion of data created by artificial...
May 17, 2023
Target forecasts gloomy second-quarter as consumers turn cautious
(Reuters) -Target Corp on Wednesday forecast profit below Wall Street expectations and estimated a drop in sales for the second quarter, as consumers pinched by persistently higher prices shun buying ...
May 17, 2023
India expands production incentive plan for IT products to $2 billion
NEW DELHI (Reuters) -India on Wednesday unveiled an expanded incentive scheme to attract major investment in IT hardware manufacturing, doubling the amount to $2 billion as it aims to spur domestic pr...
May 17, 2023
Peoria, IL, USA
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