Category Archives:
Canada posts C$972 million trade surplus in March amid widespread declines
OTTAWA (Reuters) - Canada's exports fell 0.7% in March, largely on cheaper energy products, while imports declined 2.9%, driven by pharmaceuticals and other consumer goods, data from Statistics Canada...
May 04, 2023
Top ex-Google AI researchers raise funding from Thrive Capital -sources
By Anna Tong and Krystal Hu (Reuters) - Two prominent former Google researchers who authored the groundbreaking paper that paved the way for the generative AI boom, have raised $8 million for their ne...
May 04, 2023
ECB to stop reinvesting cash in largest bond scheme
FRANKFURT (Reuters) - The European Central Bank will stop reinvesting cash from maturing bonds bought under its 3.2 trillion Asset Purchase Programme from July, it said on Thursday, taking another sma...
May 04, 2023
Royal Caribbean raises profit forecast as demand rebounds
(Reuters) - Royal Caribbean Cruises Ltd raised its full-year profit forecast on Thursday, betting on higher ticket prices and pent-up demand from affluent consumers. Shares of the Miami, Florida-based...
May 04, 2023
United Airlines will use lower-carbon fuels in San Francisco, London
By Stephanie Kelly NEW YORK (Reuters) - United Airlines will begin using lower-carbon aviation fuels on flights from San Francisco International Airport and London Heathrow Airport beginning this year...
May 04, 2023
Sempra beats profit estimates on strength in California units
(Reuters) - U.S. power and gas utility Sempra beat first-quarter profit expectations on Thursday, helped by higher earnings at its California units. While rising output and mostly mild weather so far ...
May 04, 2023
Global issuance of mortgage-backed securities falls to a 23-year low
By Patturaja Murugaboopathy (Reuters) - The issuance of global mortgage-backed securities (MBS) slumped to a 23-year low in the first four months of this year, highlighting the turmoil in the real est...
May 04, 2023
ECB slows rate hikes and keeps options open
FRANKFURT (Reuters) - The European Central Bank eased the pace of its interest rate hikes on Thursday and kept its options open on future moves as it continues its fight against stubbornly high inflat...
May 04, 2023
Kellogg gives upbeat forecast on price hikes, steady demand
(Reuters) - Kellogg Co on Thursday forecast smaller drop in annual profit than previously estimated and raised lower end of sales outlook, boosted by multiple price hikes as well as steady demand for ...
May 04, 2023
BorgWarner sees annual sales below estimates on supply snags, higher costs
(Reuters) - BorgWarner Inc on Thursday forecast full-year sales below analysts' estimates as supply chain issues continued to weigh on the auto supplier, sending the company's shares down nearly 2% in...
May 04, 2023
Peoria, IL, USA
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