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Big Tech earnings show digital ads market not out of the woods
By Sheila Dang (Reuters) - After a challenging 2022 in which advertising-dependent companies faced shrinking budgets and cratering stock prices, fourth-quarter results this week from Alphabet, Meta Pl...
Syndicated Content Feb 02, 2023
China boosts imports of fuel oil blended from Russian barrels
By Chen Aizhu and Jeslyn Lerh SINGAPORE (Reuters) - China's independent refineries are ramping up imports of discounted fuel oil blended from Russian barrels to use as low-cost feedstock amid a shorta...
Syndicated Content Feb 02, 2023
Cargo airlines have until July to move flights from Mexico’s capital airport
MEXICO CITY (Reuters) - Cargo airlines operating out of Mexico's busiest airport will have until July to leave the hub, a decree published in the country's national gazette Thursday evening said. The ...
Syndicated Content Feb 02, 2023
Asian stocks pull back, dollar regains footing ahead of U.S. payrolls data
By Stella Qiu SYDNEY (Reuters) - Asian shares turned lower and the dollar regained some of its footing on Friday, as disappointing earnings from U.S. tech giants undermined sentiment ahead of a key U....
Syndicated Content Feb 02, 2023
Hedge fund lobby group supports shareholder rights in Masimo case
By Svea Herbst-Bayliss NEW YORK (Reuters) - The hedge fund industry trade association MFA on Thursday backed an activist investment firm's push to reverse "draconian" amendments to medical device comp...
Syndicated Content Feb 02, 2023
Tech earnings hit pause button on market rally
By Caroline Valetkevitch and Herbert Lash (Reuters) - Big Tech led U.S. markets on a sharp rebound to kick off 2023. The message from their earnings on Thursday: not so fast. Apple Inc, Google parent ...
Syndicated Content Feb 02, 2023
Investor Ryan Cohen takes stake in Nordstrom – WSJ
(Reuters) - Activist investor Ryan Cohen is racking up a sizable stake in Nordstrom Inc and plans to urge the department-store chain to make changes to its board after a decline in share prices, the W...
Syndicated Content Feb 02, 2023
U.S. says Sime Darby Plantation products no longer produced with forced labour
KUALA LUMPUR (Reuters) - U.S. customs authorities said palm oil products made by Sime Darby Plantation were no longer produced with forced labour, in a sign that a two-year import ban on the Malaysian...
Syndicated Content Feb 02, 2023
Billionaire Cohen builds stake in Nordstrom, urges board shakeup
By Svea Herbst-Bayliss NEW YORK (Reuters) -Billionaire investor Ryan Cohen is building a large stake in Nordstrom Inc and plans to push the upscale retailer to shake up its board as its performance ha...
Syndicated Content Feb 02, 2023
China Jan services activity expands for first time in five months – Caixin PMI
BEIJING (Reuters) - China's services activity in January expanded for the first time in five months as spending and travel got a boost from the lifting of stringent COVID-19 curbs, sending business co...
Syndicated Content Feb 02, 2023
Peoria, IL, USA
72 °F Patchy rain nearby
