Category Archives:
Some U.S. companies still failing to meet conflict minerals rules, GAO says
NAIROBI (Reuters) - Some U.S. companies buying minerals from countries including the Democratic Republic of Congo and its eastern neighbours are still failing to properly authenticate that the metals ...
Jul 20, 2023
BoE reports second-biggest usage of short-term liquidity repo
LONDON (Reuters) - The Bank of England allotted 1.2 billion pounds ($1.55 billion)of one-week funds in its short-term repo (STR) operation on Thursday, the second-largest usage of the facility since i...
Jul 20, 2023
EU clears French and German green subsidies for top steelmakers
By Tassilo Hummel, Christoph Steitz PARIS/FRANKFURT (Reuters) -The European Commission cleared two major subsidy packages from France and Germany to support their top steelmakers - ArcelorMittal and T...
Jul 20, 2023
J&J-spinoff Kenvue forecasts upbeat annual profit on strong self-care demand
(Reuters) -Kenvue, the former consumer health unit of Johnson & Johnson, forecast full-year profit above Wall Street estimates on Thursday, betting on resilient demand for its skincare and self-care p...
Jul 20, 2023
J&J expects cancer drugs, medical devices to drive growth in 2023
(Reuters) -Johnson & Johnson forecast 2023 profit above Wall Street estimates on Thursday, banking on demand for its cancer drugs such as Darzalex and the strength in its medical devices business. Sha...
Jul 20, 2023
Paris success in attracting London banks boosts balance of payments
PARIS (Reuters) - France's post-Brexit success in attracting banks from London to Paris has exceeded expectations and is increasingly showing up in the country's balance of payments, the central bank ...
Jul 20, 2023
India’s Infosys cuts FY outlook in challenging environment after Q1 profit miss
BENGALURU (Reuters) - Indian software services provider Infosys on Thursday cut its full-year revenue growth outlook, due to a challenging environment, after reporting first quarter profit below estim...
Jul 20, 2023
Everything’s pink: How Barbiecore fashion has fueled a movie’s buzz
By Lisa Richwine LOS ANGELES (Reuters) - Head to any clothing store this summer and you are likely to be hit with an explosion of pink. Barbiecore outfits, focused on the doll's signature color, are d...
Jul 20, 2023
Drought imperils Iraq’s water buffalo and a child’s way of life
NAJAF, IRAQ (Reuters) - Petting a water buffalo before tying a fodder bag around its neck, Mustafa Ahmed tends his father's herd in Iraq's southern province of Najaf where his family have raised anima...
Jul 20, 2023
Discover Financial shares sink on regulatory review disclosure, buyback pause
(Reuters) - Shares of Discover Financial Services fell 12% in premarket trading on Thursday after the digital banking company disclosed that it was in discussions with regulators about how it misclass...
Jul 20, 2023
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