Category Archives:
Gautam Adani’s statement on withdrawing $2.5 billion share sale
NEW DELHI (Reuters) - India's Adani Enterprises called off its $2.5 billion share sale on Wednesday, citing market conditions, amid an ongoing rout in the wider Adani Group's stocks sparked by a U.S. ...
Feb 01, 2023
Analysis-GSK gives few clues on plans to replenish medicine cabinet
By Natalie Grover and Maggie Fick LONDON (Reuters) - GSK chief executive Emma Walmsley on Wednesday made replenishing the drugmaker's pipeline of vaccines and therapies her number-one priority. But an...
Feb 01, 2023
Citigroup technicals indicate rally may extend even as Wall Street remains wary
By Mehnaz Yasmin (Reuters) - Citigroup Inc's shares are approaching a potential bullish technical signal which indicates that this year's 14% rally could continue, even as some analysts remain critica...
Feb 01, 2023
Explainer-Spilt milk? Why are the US and Canada fighting over dairy?
WINNIPEG, Manitoba (Reuters) - The United States on Tuesday said it was seeking a second trade dispute settlement panel over Canada's dairy import quotas, accusing Canada of not meeting obligations to...
Feb 01, 2023
India’s Adani calls off $2.5 billion share sale
NEW DELHI (Reuters) - India's Adani Enterprises on Wednesday called off its $2.5 billion share sale, citing market conditions, a week after a U.S. short-seller's critical report unleashed a rout in th...
Feb 01, 2023
As Tesla ignites an EV price war, suppliers brace for Musk seeking givebacks
By Hyunjoo Jin SAN FRANCISCO (Reuters) - Tesla Inc suppliers are bracing for pressure from Chief Executive Elon Musk and his team to cut their prices further after the electric car leader aggressively...
Feb 01, 2023
Zara starts charging for clothing returns from home in Spain
MADRID (Reuters) - Fashion giant Zara has started charging shoppers in Spain for returns of online purchases, the company announced on Wednesday, though store returns remain free. Customers now have t...
Feb 01, 2023
Samsung’s newest Galaxy S smartphones a test of brand power in weak market
By Joyce Lee SEOUL (Reuters) - Samsung Electronics unveiled its latest premium smartphones on Wednesday, in a test of its brand power as the market for mobiles undergoes unprecedented contraction. The...
Feb 01, 2023
FIA assessing impact of cyber attack on financial data firm ION
(Reuters) - The Futures Industry Association said on Wednesday it was assessing the impact of a cyber attack on the systems of an ION Group unit, which is affecting trading and clearing of exchange-tr...
Feb 01, 2023
Explainer-Why the U.S. Inflation Reduction Act has rattled Europe
BRUSSELS (Reuters) - The European Commission presented its Green Deal Industrial Plan on Wednesday in response to the U.S. Inflation Reduction Act (IRA), with increased levels of state aid to help Eur...
Feb 01, 2023
Peoria, IL, USA
43 °F Overcast
