Category Archives:
China tells Alibaba, Baidu cloud units to better prevent telecoms fraud
BEIJING (Reuters) - China's industry ministry on Tuesday said its cyberspace administration and police had summoned the cloud units of Alibaba and Baidu Inc to urge them to better prevent telecom netw...
Nov 23, 2021
American Eagle Outfitters beats revenue estimates on strong in-store sales
(Reuters) - American Eagle Outfitters Inc beat quarterly revenue estimates on Tuesday, as customers returning to schools and offices shopped more at its physical stores following the easing of COVID-1...
Nov 23, 2021
Russia’s Qiwi upgrades 2021 outlook, sees adjusted net profit decline of 10-15%
(Reuters) - Russian payment services provider Qiwi upgraded its forecast on Tuesday due to volume growth in money remittances and financial services. The company now expects adjusted net profit to dec...
Nov 23, 2021
Moscow says 13 foreign tech firms must be represented on Russian soil by 2022
MOSCOW (Reuters) - Russia has demanded that 13 foreign technology companies be officially represented on Russian soil by the end of 2021, but has given few details on what it requires in practice, tar...
Nov 23, 2021
P.A.C.E. announces changes to Friday’s Santa Claus Parade
PEORIA, Ill. –The route of this year’s Santa Claus Parade in Peoria is being modified to increase public safety following the events in Waukesha, Wisconsin on Sunday. In a Facebook post, P...
Nov 23, 2021
U.S. to release 50 million barrels of oil from emergency reserve – White House
WASHINGTON (Reuters) -The United States will release 50 million barrels of crude from the U.S. Strategic Petroleum Reserve to help cool oil prices, that will start hitting the market in mid- to late-D...
Nov 23, 2021
London’s Big Ben to show fresh face to ring in New Year
By Paul Sandle and Lucy Marks LONDON (Reuters) - Big Ben's dials will emerge from a shroud of scaffolding in time for the world famous clock to perform its most important annual role - ringing in the ...
Nov 23, 2021
Best Buy forecasts holiday-quarter sales below estimates, shares drop
(Reuters) -Best Buy Co Inc forecast fourth-quarter comparable sales below analysts' estimates on Tuesday, as the electronics retailer braces for a hit from likely product shortages during the crucial ...
Nov 23, 2021
Futures dip as rising yields dent tech shares
By Ambar Warrick and Devik Jain (Reuters) - U.S. stock index futures fell on Tuesday as rising Treasury yields weighed on major technology stocks, while bank shares extended gains as investors priced ...
Nov 23, 2021
Vivendi says to hold onto Telecom Italia stake
MILAN (Reuters) - Vivendi has no plans to sell its stake in Telecom Italia, the French group said on Tuesday, reiterating it was a long-term investor in Italy's biggest phone group and wanted to work ...
Nov 23, 2021
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