Category Archives:
Dollar Tree trims profit forecast on slowing demand
(Reuters) - Dollar Tree Inc cut its annual profit forecast on Thursday, as high inflation dampens demand for higher-margin items such as party supplies and fashion accessories. The company said it now...
May 25, 2023
EU antitrust regulators to clear Viasat’s Inmarsat deal, source says
BRUSSELS (Reuters) - EU antitrust regulators are set to clear U.S. company Viasat's $7.3 billion bid for British satellite rival Inmarsat without demanding concessions, a person with direct knowledge ...
May 25, 2023
3D printer maker Stratasys to merge with Desktop Metal in deal valued at $1.8 billion
(Reuters) - Stratasys Ltd, a maker of industrial 3D printers, said on Thursday it would merge with peer Desktop Metal Inc in an all-stock transaction valued at about $1.8 billion. The transaction come...
May 25, 2023
Argentina launches dispute against United States at WTO
GENEVA (Reuters) - Argentina has initiated a dispute against the United States at the World Trade Organization regarding tubular goods used in oil production, the trade watchdog said on Thursday. The ...
May 25, 2023
Best Buy beats quarterly profit estimates
(Reuters) -Best Buy Co Inc on Thursday beat quarterly profit estimates, as its promotional programs aided higher sales even as a pull back in discretionary spending hit other retailers. Shares of the ...
May 25, 2023
Spain’s mass tourism in candidates’ crosshairs in election year
By Joan Faus BARCELONA (Reuters) - Scrawled across Barcelona's opera house, along the city's renowned La Rambla boulevard, is expletive-laden graffiti urging tourists to "go home". In another district...
May 25, 2023
US offers oil and gas drilling rights in first auction since Biden’s IRA
(Reuters) - The U.S. on Thursday will hold its first sale of oil and gas drilling rights on federal lands since passage of President Joe Biden's landmark climate change law, with more than 10,000 acre...
May 25, 2023
UK retail sales fall in May after April rise, outlook less gloomy: CBI
LONDON (Reuters) - British retail sales declined this month after a modest rise in April but stores expect sales volumes to stabilise in June as consumer confidence improves and energy prices fall, a ...
May 25, 2023
Tina Turner honoured at lakeside Swiss home where she died
By Cecile Mantovani KUESNACHT, Switzerland (Reuters) - Well-wishers gathered outside the lakeside home of Tina Turner on Thursday to pay tribute to the music legend who had made Switzerland her home f...
May 25, 2023
Medtronic beats quarterly profit estimates on heart, diabetes devices strength
(Reuters) - Medtronic Plc beat Wall Street estimates for quarterly profit on Thursday, helped by a recovery in non-urgent surgical procedures that were delayed during the pandemic as well as strong de...
May 25, 2023
Peoria, IL, USA
63 °F Overcast
