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Tobacco group BAT sticks to full-year forecast on steady demand
(Reuters) -British American Tobacco maintained its annual revenue and profit forecasts on Tuesday and said its performance would be weighted towards the second half, betting on steady demand for its v...
Syndicated Content Jun 06, 2023
Analysis-Egypt faces external debt reckoning after borrowing spree
By Patrick Werr CAIRO (Reuters) - Egypt faces an increasingly tough task raising cash for foreign debt repayments after external borrowing quadrupled over the past eight years to help fund a new capit...
Syndicated Content Jun 06, 2023
Zara owner Inditex faces margin test
By Corina Pons and Helen Reid MADRID (Reuters) - Investors will closely watch Zara owner Inditex's profit margins for any signs of weakness after a stellar series of results confirmed its lead over sm...
Syndicated Content Jun 06, 2023
Bitcoin steadies above $25,000 as Binance SEC lawsuit rattles investors
By Rae Wee SINGAPORE (Reuters) - Bitcoin stabilised above $25,000 on Tuesday after a steep dive overnight, as investors grappled with news that the U.S. securities regulator sued crypto exchange Binan...
Syndicated Content Jun 06, 2023
Asian FX mixed after weak US data affirms Fed pause, stocks gain
By Roushni Nair (Reuters) - Most Asian currencies traded mixed on Tuesday as economic data in the U.S. pointed to sluggish growth in the country's services sector, further bolstering the case for a pa...
Syndicated Content Jun 06, 2023
BlackRock’s China head Tang leaving the company
By Selena Li HONG KONG (Reuters) - BlackRock Inc's head of China business, Tony Tang, is leaving the asset manager, the company said on Tuesday, after having played a key role in expanding the firm's ...
Syndicated Content Jun 06, 2023
Twitter’s new CEO Linda Yaccarino logs first day in the role
(Reuters) - Twitter's new Chief Executive Officer Linda Yaccarino has begun her role at the social media company, she tweeted late on Monday. Yaccarino, the former advertising chief of NBCUniversal, h...
Syndicated Content Jun 06, 2023
Cryptoverse: Listless bitcoin seeks summer spark
By Lisa Pauline Mattackal and Medha Singh (Reuters) - It's a tense time for bitcoin investors. Watch. Wait. Don't make the first move. The capricious cryptocurrency's been uncommonly quiet over the pa...
Syndicated Content Jun 06, 2023
Australia central bank raises rates to 11-yr high, warns more hikes likely
SYDNEY (Reuters) - Australia's central bank on Tuesday raised interest rates by a quarter-point to an 11-year high, and warned that further tightening may be required to ensure that inflation returns ...
Syndicated Content Jun 06, 2023
Swedish startup evroc plans to raise 3 billion euros for ‘hyperscale’ data centres
By Supantha Mukherjee STOCKHOLM (Reuters) - Swedish startup evroc, which is backed by EQT Ventures and Norrsken VC, plans to raise and invest 3 billion euros ($3.2 billion) over the next couple of yea...
Syndicated Content Jun 06, 2023
Peoria, IL, USA
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