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Toronto-Dominion’s first-quarter profit rises
(Reuters) - Toronto-Dominion Bank on Thursday posted higher quarterly profit, lifted by strong performance in its Personal and Commercial Banking business in Canada. The lender's adjusted net income w...
Syndicated Content Mar 02, 2023
Macy’s forecasts upbeat annual profit, shares surge
(Reuters) -Macy's Inc forecast full-year profit largely above Wall Street estimates on Thursday, as the department store operator looks to cut back on promotions to protect its margins. Shares of the ...
Syndicated Content Mar 02, 2023
Vespa maker Piaggio upbeat on 2023 after record results last year
(Reuters) - Italian motorbike and scooter maker Piaggio said on Thursday it was confident about its 2023 targets despite a challenging macroeconomic and geopolitical backdrop, after posting record res...
Syndicated Content Mar 02, 2023
Aluminium open interest, volume on CME hit record high in February
(Reuters) - Aluminium futures on the Chicago Mercantile Exchange hit record average daily volumes in February, a four-fold jump compared to a year ago, and open interest also reached historic highs, t...
Syndicated Content Mar 02, 2023
S&P 500, Nasdaq futures slip as yields stay high, Tesla slides
(Reuters) - Futures tracking the S&P 500 and Nasdaq fell on Thursday as the 10-year Treasury yield held above 4% on bets of tighter monetary policy for a longer period, while Tesla sank after it gave ...
Syndicated Content Mar 02, 2023
China urges global lenders’ involvement in developing nations’ debt
NEW DELHI (Reuters) -Chinese Foreign Minister Qin Gang called on global financial institutions on Thursday to play an active role in restructuring the debt of developing countries. China, the world's ...
Syndicated Content Mar 02, 2023
Deutsche Bank tightens coal finance policy but not oil and gas
FRANKFURT (Reuters) - Deutsche Bank on Thursday tightened its coal financing policies but has yet to change its criteria for the oil and gas industries, drawing criticism from climate activists. Germa...
Syndicated Content Mar 02, 2023
Brazil’s Ambev sees higher costs in 2023 as Q4 net profit rises 36%
SAO PAULO (Reuters) - Ambev SA said on Thursday it expects the cost of goods sold per hectoliter at its beer business in Brazil to rise by 6% to 9.9% in 2023, citing inflation levels and higher commod...
Syndicated Content Mar 02, 2023
Russia’s central bank warns of growing financial sector risks
MOSCOW (Reuters) - Russia's central bank governor on Thursday warned of possible "systemic risks" in the banking sector as lenders scramble to make up for a slump in profits recorded last year. Speaki...
Syndicated Content Mar 02, 2023
Factbox-Elon Musk’s missed deadlines for FDA approval of Neuralink brain-chip trials
By Rachael Levy (Reuters) - Several times since 2019, billionaire Elon Musk has predicted his brain-chip company, Neuralink, would soon secure FDA approval for human trials. But the company's applicat...
Syndicated Content Mar 02, 2023
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