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Alibaba’s global online commerce arm weighs US IPO – Bloomberg News
(Reuters) -Alibaba Group Holding Ltd's international online shopping unit is exploring a U.S. initial public offering, Bloomberg News reported on Thursday citing people familiar with the matter. The e...
Syndicated Content May 04, 2023
Shopify divests logistics arm to Flexport in strategic reversal
By Krystal Hu (Reuters) - Shopify Inc has divested the logistics arm it built over the past few years, in a reversal of its strategy of aggressively investing in fulfillment networks, the Canadian e-c...
Syndicated Content May 04, 2023
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...
Syndicated Content 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...
Syndicated Content 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 ...
Syndicated Content 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...
Syndicated Content 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...
Syndicated Content 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...
Julia Bradley 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 ...
Syndicated Content 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...
Syndicated Content May 04, 2023
Peoria, IL, USA
38 °F Partly cloudy
