Category Archives:
Italy’s antitrust takes steps against Meta in music rights case
MILAN (Reuters) - Italy's antitrust authority said on Friday it had taken measures against Meta Platform over an alleged abuse of its position in the country, in a probe involving the rights to music ...
Apr 21, 2023
Italy may ratify EU bailout fund reform “if turned into growth instrument” – Meloni
ROME (Reuters) - Italy is ready to consider ratifying the reform of the euro zone's bailout fund (ESM) for countries and banks cut off from markets "if it is transformed into a growth instrument", Pri...
Apr 21, 2023
UK retail sales fall by more than expected in rainy March
LONDON (Reuters) - British retail sales fell by a greater-than-expected 0.9% in March from February, figures from the Office for National Statistics showed on Friday with bad weather during the month ...
Apr 21, 2023
Glencore’s Q1 copper output dips
(Reuters) - Glencore reported a 5% fall in its copper production for the first quarter on Friday, owing to lower grades due to phasing of a pit at Collahuasi and delays associated with adverse weather...
Apr 21, 2023
Mining M&A spree to keep Australia dealmaking humming after $37 billion in first quarter
By Melanie Burton and Scott Murdoch MELBOURNE (Reuters) - As automakers and chemicals suppliers scramble to secure raw materials, resource-rich Australia has become a rare global bright spot with $37 ...
Apr 21, 2023
SAP reports revenue growth in Q1
(Reuters) - Business software maker SAP reported first-quarter revenue growth of 10% on Friday, beating expectations, boosted by its cloud business. The German firm's IFRS operating profit fell 45%, r...
Apr 21, 2023
Short-sellers sit on $1 billion loss on European banks in April
By Danilo Masoni and Joice Alves MILAN/LONDON (Reuters) - Short-sellers who bet against European banks are set to lose a substantial amount of money in April after the sector bounced back from the sho...
Apr 21, 2023
Analysis: Bearish fundamentals, buoyant charts complicate outlook for US stocks
By Saqib Iqbal Ahmed NEW YORK (Reuters) - As U.S. stocks test the top of a range that has held for months, two widely used analytical styles appear to be painting conflicting scenarios for where they ...
Apr 21, 2023
China issues report that Boeing sees as key to restart 737 MAX deliveries
By Valerie Insinna and Brenda Goh WASHINGTON/SHANGHAI (Reuters) - China's aviation regulator has published a report that Boeing views as a key step for the U.S. planemaker to resume deliveries of its ...
Apr 20, 2023
Holcim increases full-year guidance after Q1 beats forecasts
ZURICH (Reuters) - Holcim raised its full-year guidance on Friday after the world's biggest cement maker reported better than expected sales and profit during the first three months of 2023. The Swiss...
Apr 20, 2023
Peoria, IL, USA
42 °F Light Rain, Mist
