Category Archives:
Russian rouble soars to one-month high as oil prices halt slide
By Alexander Marrow (Reuters) - The Russian rouble climbed to a more-than-one-month high on Thursday, gaining for a fifth straight session, as oil prices staged a partial recovery, countering the impa...
May 04, 2023
ConocoPhillips beats first-quarter profit on high fuel demand, tight supplies
(Reuters) - U.S. shale producer ConocoPhillips beat Wall Street estimates for first-quarter profit on Thursday as sustained fuel demand and tight crude supplies kept oil prices elevated. Benchmark Bre...
May 04, 2023
Shopify to cut 20% of its workforce, beats quarterly revenue estimates
(Reuters) -Canada's Shopify Inc said on Thursday it would cut 20% of its workforce, marking the Canadian e-commerce company's second round of mass layoffs. The company also beat Wall Street estimates ...
May 04, 2023
Adviser to Italy’s Treasury tables proposal for windfall tax on banks
By Giuseppe Fonte ROME (Reuters) - Italy should introduce a tax on banks to claw back extra profits made on the back of rising interest rates that have not been passed on to consumers, an adviser to t...
May 04, 2023
Blackstone mulls sale of Dutch bank NIBC –sources
By Pablo Mayo Cerqueiro, Amy-Jo Crowley and Andres Gonzalez LONDON (Reuters) - U.S. buyout house Blackstone is weighing options for Dutch merchant bank NIBC, including a possible sale, people familiar...
May 04, 2023
One person injured, four dogs die in Peoria fire
PEORIA, Ill. — A Peoria fire investigator said a residential fire near the corner of N. Atlantic and N.E. Glen Oak Wednesday night in was electrical, causing $60,000 damage. Firefighters arrived...
May 04, 2023
Regeneron beats quarterly profit estimates
(Corrects headline, first paragraph to remove reference to Eylea) (Reuters) -Regeneron Pharmaceuticals Inc beat Wall Street estimates for first-quarter profit on Thursday, driven by strong demand for ...
May 04, 2023
China’s top financial data provider restricts offshore access due to new rules-sources
By Julie Zhu and Xie Yu HONG KONG (Reuters) - China's biggest financial data provider Wind Information Co told some customers late last year that it was restricting offshore users from accessing certa...
May 04, 2023
Moderna beats COVID vaccine sales expectations as deferred revenue rolls in
By Patrick Wingrove and Leroy Leo (Reuters) -Moderna Inc on Thursday reported stronger-than-expected sales of $1.9 billion for its COVID-19 vaccine in the first quarter, driven by a surge of revenue d...
May 04, 2023
Canadian lender TD calls off $13.4 billion deal to buy First Horizon Bank
(Reuters) -Canadian lender Toronto-Dominion Bank Group has called off its deal to acquire First Horizon Corp for $13.4 billion on Thursday, sending the U.S. bank's shares down 44.5% in premarket tradi...
May 04, 2023
Peoria, IL, USA
83 °F Sunny
