Category Archives:
Citizens Financial’s profit drops 33% on interest income slump
(Reuters) - Citizens Financial Group's third-quarter profit fell 33% on Wednesday on a decline in the bank's income earned from charging customers interest on their loans. Analysts had been expecting ...
Oct 18, 2023
Nasdaq beats profit estimates on strong demand for investment products
(Reuters) - Nasdaq on Wednesday reported third-quarter profit that beat Wall Street estimates, helped by stronger demand for its indexes and anti-financial-crime products. The company has been expandi...
Oct 18, 2023
Insurer Travelers profit falls 14% on elevated U.S. catastrophe losses
(Reuters) - Travelers Companies on Wednesday reported a 14% fall in quarterly profit, as severe wind and hail storms in parts of the United States drove up catastrophe losses for the insurer. Core inc...
Oct 18, 2023
Walmart-owned India’s PhonePe revenue soars 77% in FY23
BENGALURU (Reuters) - Walmart-owned PhonePe said on Wednesday its consolidated revenue for financial year 2023 surged 77%, as more customers used its platform to send and receive money in India's boom...
Oct 18, 2023
UK police charge climate activist Greta Thunberg after protest
LONDON (Reuters) - Climate activist Greta Thunberg was charged by British police on Wednesday following a protest involving her and others outside a hotel where an oil and gas conference was taking pl...
Oct 18, 2023
Starbucks launches smaller cup size in China as competition grows
By Sophie Yu and Brenda Goh BEIJING (Reuters) - U.S. coffee chain Starbucks has rolled out a new smaller cup size in China, its second largest market, in an aim to attract customers as competition in ...
Oct 18, 2023
Bankrupt drugstore chain Rite Aid raises going concern doubts
(Reuters) -U.S. drugstore chain Rite Aid raised concerns about its ability to remain in business in a regulatory filing on Wednesday, days after it filed for bankruptcy protection. The debt-laden comp...
Oct 18, 2023
South Africa’s inflation rises sharply on food and fuel prices
By Bhargav Acharya and Tannur Anders JOHANNESBURG (Reuters) - Inflation in South Africa rose sharply in September but stayed within the central bank's target range, fuelling analysts' expectations tha...
Oct 18, 2023
Fund managers turn bearish again in October – BofA survey
MILAN (Reuters) - Investors have turned bearish again in October, boosting cash levels to 5.3% from 4.9% during the previous month and keeping a neutral allocation to stocks, a BofA survey showed. The...
Oct 18, 2023
UK mobile operator EE eyes growth from new retail platform
LONDON (Reuters) - EE, Britain's biggest mobile operator, said on Wednesday it would launch a sales platform called EE ID to try to grow its retail offering by selling gaming consoles and other electr...
Oct 18, 2023
Peoria, IL, USA
44 °F Overcast
