Category Archives:
Walmart’s long-lasting challenge: luring budget shoppers back to its stores
By Arriana McLymore and Siddharth Cavale (Reuters) - Walmart Inc could face an uphill battle to reclaim U.S. shoppers who opted for the neighborhood dollar store or Aldi rather than driving farther to...
Aug 11, 2022
Ex-cop could get eight years in prison for role in storming U.S. Capitol
By Sarah N. Lynch WASHINGTON(Reuters) - A former Virginia police sergeant who joined Donald Trump's supporters in storming the Capitol on Jan. 6, 2021, could be sentenced to up to eight years in priso...
Aug 11, 2022
Analysis: Antitrust rules, Petro-Canada profits may hinder Suncor from selling unit
By Divya Rajagopal and Rod Nickel TORONTO (Reuters) - Suncor Energy could reap over $8 billion and boost returns to unhappy shareholders if it sells its Petro-Canada gas station business, but Canadian...
Aug 11, 2022
Analysis: Is Netflix envy over in Hollywood? Not quite
By Dawn Chmielewski and Lisa Richwine (Reuters) - Over an earnings period that appeared to signal the end of Netflix envy, Walt Disney Co restored hopes that growth in the streaming business will cont...
Aug 11, 2022
Global container fleet to grow more than demand – Hapag-Lloyd CEO
FRANKFURT (Reuters) - Global growth in container fleets through new orders and building activity will outstrip shipping demand from next year and ease current market tightness, the chief executive of ...
Aug 11, 2022
Bank of England says weakening regulators would undermine market reforms
LONDON (Reuters) -Weakening the independence of regulators would undermine reforms to bolster Britain's finance industry, the head of the Bank of England said on Thursday, in a rebuff to proposals fro...
Aug 11, 2022
Former deputy GM of China Electronics Corp under investigation – anti-graft watchdog
SHANGHAI (Reuters) - The former deputy general manager of Chinese state-backed tech giant China Electronics Corporation Holdings Co Ltd Xiang Zihong has been placed under investigation for a suspected...
Aug 11, 2022
Ping An sees HSBC overstating spin-off challenges – source
HONG KONG (Reuters) - Chinese insurer Ping An Insurance Group believes HSBC has overstated the challenges and difficulties of spinning off the bank, according to a source with direct knowledge of the ...
Aug 11, 2022
Credit Suisse investor Harris says stake increase reflects reporting change
ZURICH (Reuters) - Credit Suisse shareholder Harris Associates' increased holding in the Swiss bank reflected an adjustment in how it reports stakes to the U.S. regulator, Finanz und Wirtschaft report...
Aug 11, 2022
Ladbrokes owner Entain buys into Europe as gambling pays dividends
By Radhika Anilkumar (Reuters) -British betting group Entain said it would buy Croatia's SuperSport Group for 600 million pounds ($731 million) in cash on Thursday after the owner of Ladbrokes, Coral ...
Aug 11, 2022
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