Category Archives:
Canadian companies stick to hiring plans even as slowdown looms
By Shreya Jain and Allison Lampert TORONTO (Reuters) - The pace of job creation is slowing in Canada, hammered by the sharp rise in interest rates, but that is yet to hold back companies from hiring a...
Aug 03, 2022
Telecom Italia lifts profit outlook helped by cost cutting
MILAN (Reuters) - Telecom Italia (TIM) on Wednesday improved its core profit target for the year, helped by cost cutting and the contribution from the company's Brazilian subsidiary in the second quar...
Aug 03, 2022
Crypto winter may temper fintech earnings
By Manya Saini and Niket Nishant (Reuters) - Wall Street has lowered earnings expectations for once high-flying fintechs Coinbase and Block, as a chill in the cryptocurrency market adds more pain to t...
Aug 03, 2022
Insurers ready $50 million Ukraine grain cargo cover as first ship sails
By Jonathan Saul and Carolyn Cohn LONDON (Reuters) - The London insurance sector is preparing to cover Ukrainian grains and fertiliser shipments through a secure corridor, voyages that may need up to ...
Aug 03, 2022
Senate bill would hand bitcoin, ether oversight to commodities regulator
By Pete Schroeder WASHINGTON (Reuters) - A new bill introduced in the U.S. Senate would make the Commodity Futures Trading Commission (CFTC) the direct regulator of the biggest cryptocurrencies. The m...
Aug 03, 2022
Analysis-Wall Street’s ‘fear gauge’ in limbo as big investors keep shunning stocks
By Saqib Iqbal Ahmed NEW YORK (Reuters) - Wall Street's most closely watched gauge of market anxiety shows expectations of choppy trading ahead despite a recent snapback in U.S. stocks, though institu...
Aug 03, 2022
Tod’s owners in $344 million bid to take it private, split group
By Agnieszka Flak and Valentina Za MILAN (Reuters) - The founding family of Italian luxury shoemaker Tod's plans to buy out other investors for up to 338 million euros ($344 million) and take the grou...
Aug 03, 2022
French parliament adopts 20 billion euro inflation relief package
PARIS (Reuters) - France's parliament on Wednesday approved a bill that will lift pensions and allow companies to make higher tax-free bonus payments to employees after President Emmanuel Macron promi...
Aug 03, 2022
Biden to sign bill to boost chipmakers, compete with China Aug. 9 – White House
WASHINGTON (Reuters) - U.S. President Joe Biden next Tuesday will sign a bill to boost American semiconductor chip companies as they compete with China, the White House said on Wednesday. The legislat...
Aug 03, 2022
Former U.S. Treasury secretaries back drugs, climate, tax bill
By David Lawder WASHINGTON (Reuters) - Five former U.S. Treasury secretaries - four Democrats and one Republican -- on Wednesday voiced support for a proposed $430 billion drugs, energy and tax bill, ...
Aug 03, 2022
Peoria, IL, USA
50 °F Partly cloudy
