Category Archives:
AmEx names insider Christophe Le Caillec as CFO after Campbell decides to retire
(Reuters) - Credit card giant American Express Co said on Tuesday Chief Financial Officer Jeffrey Campbell has decided to retire from the company, and Deputy CFO Christophe Le Caillec would succeed hi...
Jun 27, 2023
Brazil central bank signals possibility of rate cut in August by majority view
BRASILIA (Reuters) - Brazil's central bank signaled on Tuesday that a majority of its policymakers see a possibility of initiating a "parsimonious" rate cut at its next meeting in August, provided tha...
Jun 27, 2023
Walgreens cuts profit forecast on lower COVID vaccine demand
(Reuters) -Walgreens Boots Alliance on Tuesday cut its profit forecast for the year on lower demand for COVID-19 tests and vaccines as well as sluggish consumer spending, sending its shares down 7.5% ...
Jun 27, 2023
Global central banks post losses on reserves in 2022; no quick recovery seen -survey
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) - Global central banks experienced losses managing their reserves last year amid bond-heavy allocations that took a major hit in 2022 following aggressiv...
Jun 27, 2023
Russian court slaps additional $47 million fine on Google owner Alphabet
(Reuters) - A Russian court has fined Alphabet Inc, the company behind Google, over 4 billion roubles ($47 million) for failing to pay an earlier fine, Russia's anti-monopoly watchdog said on Tuesday....
Jun 27, 2023
Swedish central bank seen hiking by quarter percentage point to 3.75% this week: Reuters poll
STOCKHOLM (Reuters) - Sweden's central bank will hike its policy rate by a quarter percentage point this week in a bid to bring down inflation further, but that is likely to be the end of the rate-hik...
Jun 27, 2023
Manchester United raises forecasts for annual profit, revenue
(Reuters) - Manchester United on Tuesday raised its forecasts for revenue and profit for the year, betting on strong commercial and matchday revenue. The English football club, which is currently in t...
Jun 27, 2023
JPMorgan sees yuan weakness continuing, possibility of “circuit breaker”
LONDON (Reuters) - Wall Street bank JPMorgan said on Tuesday it was staying "bearish" on China's yuan despite its recent slide and that the country's central bank could look to step in to prevent the ...
Jun 27, 2023
India’s Byju’s seeks to raise $1 billion to stave off investor revolt – Bloomberg News
(Reuters) -Indian edtech startup Byju's is in advanced talks with potential new shareholders to raise $1 billion in funding as it attempts to sidestep a revolt by some investors, Bloomberg News report...
Jun 27, 2023
Delta Air expects full-year profit at higher end of forecast
(Reuters) - Delta Air Lines said on Tuesday it expects full-year profit per share at the high-end of its prior forecast on sustained travel demand. The company earlier said it expects to report 2023 a...
Jun 27, 2023
Peoria, IL, USA
44 °F Light Rain, Mist
