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FedEx says current-quarter volumes in U.S. below projections
(Reuters) - FedEx Corp said on Tuesday that current-quarter package volumes in the United States have been below its projections, as the pandemic-driven e-commerce bubble deflates. Delivery providers ...
Syndicated Content Nov 08, 2022
New Zealand electronic retail spending rises in October
WELLINGTON, Nov 9 (Reuters) - New Zealand electronic retail card spending rose 1.0 percent in October, while actual sales rose 16.6 percent from the same month a year ago, Statistics New Zealand said ...
Syndicated Content Nov 08, 2022
Investors brace for government gridlock as Republicans seen gaining in U.S. midterms
By Saqib Iqbal Ahmed NEW YORK (Reuters) - Investors are expecting Republican gains in U.S. midterm elections, a result that could ease worries about Democratic spending and regulation but set up a bru...
Syndicated Content Nov 08, 2022
Oreo maker Mondelez pulls ads off Twitter, citing hate speech -CEO
By Jessica DiNapoli NEW YORK (Reuters) - Mondelez International Inc CEO Dirk Van de Put said in a Reuters Newsmaker interview on Tuesday that the maker of Oreo cookies has pulled its ads off Twitter a...
Syndicated Content Nov 08, 2022
Australia’s NAB annual cash profit jumps on lending growth, rising rates
(Reuters) - National Australia Bank, the country's second-largest lender, on Wednesday posted a 8.3% rise in annual cash profit as it benefited from robust home and business lending and as margins wer...
Syndicated Content Nov 08, 2022
Novavax cuts full-year revenue forecast
(Reuters) - Novavax Inc cut its full-year revenue forecast on Tuesday, hurt by a global supply glut in COVID-19 vaccine and waning demand. The company now expects annual revenue to be about $2 billion...
Syndicated Content Nov 08, 2022
Automakers, foreign governments seek changes to U.S. EV tax rules
By David Shepardson WASHINGTON (Reuters) - Hyundai Motor Group and other automakers want the United States to delay implementation of new electric vehicle tax credit rules that make vehicles assembled...
Syndicated Content Nov 08, 2022
News Corp misses quarterly revenue estimates
(Reuters) - News Corp missed Wall Street estimates for first-quarter revenue on Tuesday, as a prolonged weakness in the advertising market pressured sales at key news, online and streaming properties....
Syndicated Content Nov 08, 2022
AMC Entertainment beats quarterly revenue estimates
(Reuters) - AMC Entertainment Holdings Inc beat Wall Street estimates for third-quarter revenue on Tuesday as a sustained boost from movies such as "Top Gun: Maverick" and new releases including "Thor...
Syndicated Content Nov 08, 2022
Meta will begin laying off employees on Wednesday morning – WSJ
(Reuters) - Meta Platforms Inc will begin laying off employees on Wednesday morning, Chief Executive Mark Zuckerberg told hundreds of executives on Tuesday, the Wall Street Journal reported. Zuckerber...
Syndicated Content Nov 08, 2022

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