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CAE shares surge as profit, revenue beats on flight simulator demand
(Reuters) - CAE Inc's U.S.-listed shares rose over 12% on Thursday after it posted second-quarter revenue and profit above analyst estimates, benefiting from a surge in demand for flight simulators at...
Syndicated Content Nov 10, 2022
Amazon reviewing unprofitable business units to cut costs – WSJ
(Reuters) -Amazon.com Inc is reviewing unprofitable business units, including the devices division that houses its voice assistant Alexa, to cut costs, the Wall Street Journal reported on Thursday, se...
Syndicated Content Nov 10, 2022
ASML launches 12 billion euro buyback, upgrades 2025 forecast
(Corrects day in first paragraph) AMSTERDAM (Reuters) -ASML Holding NV, a key supplier of equipment to computer chip manufacturers, on Thursday said it would launch a 12 billion euro ($12.2 billion) s...
Syndicated Content Nov 10, 2022
FTX approaches crypto exchange Kraken for funds – Axios
(Reuters) - FTX has approached Kraken as potential rescue partner, Axios reported on Thursday, citing two people familiar with the matter, just hours after Chief Executive Sam Bankman-Fried said he ha...
Syndicated Content Nov 10, 2022
Aviva Investors CEO says global finance architecture ‘not fit for purpose’
By Virginia Furness LONDON (Reuters) - Aviva Investors on Thursday called on the IMF, World Bank and global financial rulemakers to create a global transition plan for finance to support the faster mo...
Syndicated Content Nov 10, 2022
U.S. Supreme Court’s Sotomayor rejects challenge to N.Y. COVID vaccine mandate
By Andrew Chung (Reuters) - U.S. Supreme Court Justice Sonia Sotomayor on Thursday rejected a bid to prevent New York City from enforcing its COVID-19 vaccine mandate for municipal workers against a g...
Syndicated Content Nov 10, 2022
Exclusive-Energy firms’ multi-trillion derivative bets under ECB scrutiny -sources
By John O'Donnell and Christoph Steitz FRANKFURT (Reuters) - The European Central Bank is examining the use of derivatives by energy companies to make huge bets on future power and fuel prices, to see...
Syndicated Content Nov 10, 2022
Twitter information security chief Kissner decides to leave
(Reuters) - Twitter Inc's information security chief Lea Kissner is leaving the company, Kissner said in a tweet. The move comes in the middle of a large-scale layoff at the social media company under...
Syndicated Content Nov 10, 2022
Deutsche Bank latest to pay inflation bonus to staff
FRANKFURT (Reuters) - Deutsche Bank is the latest financial institution in Germany to pay a bonus to some employees to help offset soaring inflation, according to a staff memo. The bonus is 1,500 euro...
Syndicated Content Nov 10, 2022
Top 5 investor in UK’s Aveva plans to reject Schneider takeover
LONDON (Reuters) - A top five investor in British software company Aveva plans to reject a 9.5 billion pound ($11 billion) takeover bid by French industrial group Schneider Electric, joining two other...
Syndicated Content Nov 10, 2022
Peoria, IL, USA
54 °F Partly cloudy
