Category Archives:
Michael Kors owner Capri posts upbeat sales, profit on China recovery
(Reuters) -Michael Kors parent Capri Holdings Ltd on Wednesday beat estimates for fourth-quarter revenue and profit, buoyed by a sales rebound in China following easing of pandemic-related curbs late ...
May 31, 2023
Infineon CFO: looking for acquisitions of up to 3 billion euros
BERLIN (Reuters) - Infineon is looking for small- and medium-sized acquisitions worth up to 3 billion euros ($3.30 billion) that would fit well with the German chipmaker's portfolio, Chief Financial O...
May 31, 2023
WE Soda to sell at least $800 million shares in rare London IPO
By Pablo Mayo Cerqueiro LONDON (Reuters) - WE Soda, the world's largest producer of natural soda ash, is looking to raise at least $800 million for its parent Ciner Group in an initial public offering...
May 31, 2023
Portugal’s inflation slows down sharply to 4% in May
LISBON (Reuters) - Portuguese consumer prices rose 4.0% year-on-year in May in a significant slowdown from a 5.7% increase the previous month, also slipping slightly on a monthly basis, flash data rel...
May 31, 2023
National Bank of Canada posts lower profit on higher provisions
(Reuters) - National Bank of Canada reported a fall in second-quarter profit on Wednesday as a shaky economy and a meltdown in the U.S. banking sector prompted the lender to set aside higher provision...
May 31, 2023
Thai central bank hikes rates, but ready to adjust policy
By Orathai Sriring and Kitiphong Thaichareon BANGKOK (Reuters) -Thailand's central bank raised its key rate by a quarter point on Wednesday, saying core inflation remained elevated but it is ready to ...
May 31, 2023
China venture fundraising heading for weakest first half in 8 years
By Roxanne Liu and Kane Wu BEIJING/HONG KONG (Reuters) - China-focused venture capital fundraising is heading for its weakest first half year in at least eight years, data from researcher Preqin showe...
May 31, 2023
Polish top court delays hearing on bill needed to get EU funds
WARSAW (Reuters) - Poland's top court postponed on Wednesday a crucial hearing on the constitutionality of reforms designed to unblock European Union funds due to an insufficient number of judges, the...
May 31, 2023
NASA panel to hold first public meeting on UFO study ahead of report
By Joey Roulette and Steve Gorman WASHINGTON (Reuters) - A NASA panel formed last year to study what the government calls "unidentified aerial phenomena," commonly termed UFOs, was due to hold its fir...
May 31, 2023
Gun violence in the US in 2023
(Reuters) - U.S. health and advocacy groups have declared June 2 as National Gun Violence Awareness Day. People are asked to wear orange - traditionally a color worn by hunters - to remember shooting ...
May 31, 2023
Peoria, IL, USA
67 °F Overcast
