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Brazil’s Carrefour Brasil posts 28% drop in Q4 adjusted net profit
SAO PAULO (Reuters) - Carrefour Brasil reported on Monday its fourth-quarter adjusted net profit decreased 28.2% from a year earlier to 550 million reais ($106.19 million), hit by a double digit incre...
Syndicated Content Feb 13, 2023
Amazon CEO doubles down on grocery store business – FT
(Reuters) - Amazon.com Inc Chief Executive Andy Jassy has vowed to double down on the ecommerce giant's struggling grocery store business, the Financial Times reported on Monday. Jassy blamed a lack o...
Syndicated Content Feb 13, 2023
Paxos receives U.S. SEC notice over Binance’s stablecoin ‘BUSD’
(Reuters) - Paxos said on Monday it had received a notice from the U.S. Securities and Exchange Commission stating it is considering recommending an action alleging that BUSD is a security and the blo...
Syndicated Content Feb 13, 2023
Palantir expects 2023 to be first profitable year, sees AI driving growth
By Chavi Mehta (Reuters) - Palantir Technologies said it expects 2023 to be its first profitable year as the maker of data analytics software benefits from cost cuts and the artificial intelligence bo...
Syndicated Content Feb 13, 2023
UPS cutting back on some jobs as Teamster labor talks loom
By Lisa Baertlein LOS ANGELES (Reuters) - United Parcel Service on Monday confirmed it is taking steps to reduce its workforce in regions where delivery demand has softened, a comment that comes days ...
Syndicated Content Feb 13, 2023
U.S. Treasury to open advanced energy tax credit applications on May 31
By David Lawder WASHINGTON (Reuters) - The U.S. Treasury said on Monday it will open applications on May 31 for $4 billion worth of new tax credits for advanced energy manufacturing and decarbonizatio...
Syndicated Content Feb 13, 2023
Carolina Herrera blooms opulence for fall at New York Fashion Week
By Alicia Powell NEW YORK (Reuters) - Carolina Herrera's signature ball gowns, elegant evening dresses and classic day looks filled the designer's sumptuous fall/winter collection at New York Fashion ...
Syndicated Content Feb 13, 2023
Ford Chair: CEO Farley has “full court press” to fix problems
DETROIT (Reuters) - Ford Motor Co Chair Bill Ford said Monday the automaker's Chief Executive, Jim Farley, has a "full court press" on to fix operational problems that caused fourth quarter results to...
Syndicated Content Feb 13, 2023
Ghana bilateral creditors in talks to form official creditor committee -sources
By Jorgelina do Rosario LONDON (Reuters) - Ghana's bilateral lenders are discussing the formation of an official creditor committee, a first step needed to engage in debt relief talks for the crisis-h...
Syndicated Content Feb 13, 2023
White House: No indication of aliens with takedowns of unidentified objects
By Trevor Hunnicutt and Nandita Bose WASHINGTON (Reuters) - The White House said on Monday there is no indication of aliens or extraterrestrial activity after a series of shoot-downs of unidentified o...
Syndicated Content Feb 13, 2023
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