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Kohl’s forecasts annual profit below estimates as demand slumps
(Reuters) - Kohl's Corp forecast full-year profit below analysts' estimates on Wednesday, squeezed by dwindling demand for clothing and accessories at the department store chain as consumers tighten t...
Syndicated Content Mar 01, 2023
Irish inflation ticks back up to 8% in February – flash estimate
DUBLIN (Reuters) - Annual Irish inflation ticked back up to 8% in February from 7.5% a month earlier, according to a flash estimate of the EU's Harmonised Index of Consumer Prices (HICP), Ireland's Ce...
Syndicated Content Mar 01, 2023
From condoms to cosmetics, China sales grow as lockdowns end
By Richa Naidu, Elisa Anzolin and Christoph Steitz LONDON/MILAN/FRANKFURT (Reuters) - The world's top consumer and luxury goods companies have seen sales of everything from cosmetics to condoms grow i...
Syndicated Content Mar 01, 2023
Hedge funds that did best in 2022 could fare worst in 2023 – BNP
By Nell Mackenzie LONDON (Reuters) - Trend following hedge funds that outperformed rivals in 2022 will likely underperform this year, according to investors surveyed by BNP Paribas in a report publish...
Syndicated Content Mar 01, 2023
UAE’s Masdar to invest $1.2 billion in British battery storage tech
LONDON (Reuters) -The United Arab Emirates' state-owned renewables developer Masdar will invest 1 billion pounds ($1.20 billion) in British battery storage technology, its chief executive said on Wedn...
Syndicated Content Mar 01, 2023
Futures rise in positive start to March
(Reuters) - U.S. stock index futures rose on Wednesday, putting Wall Street on course for a positive start to March, as strong Chinese manufacturing data outweighed concerns that the Federal Reserve's...
Syndicated Content Mar 01, 2023
Explainer-Can Republicans topple Biden’s ESG investing rule in court?
By Daniel Wiessner (Reuters) - The Republican-led U.S. House of Representatives voted on Tuesday to block a Biden administration rule allowing employee retirement plans to consider environmental, soci...
Syndicated Content Mar 01, 2023
Twitter down for some users in US – Downdetector
(Reuters) - Twitter was down for thousands of users on Wednesday, according to outage tracking website Downdetector.com. More than 4,500 users in the United States reported issues with accessing the s...
Syndicated Content Mar 01, 2023
Royal Bank of Canada’s quarterly profit falls on higher provisions
(Reuters) -Royal Bank of Canada on Wednesday posted a decline in first-quarter profit, as the lender set aside higher provisions to brace for potential loan defaults amid a challenging macro environme...
Syndicated Content Mar 01, 2023
Closing arguments set for Murdaugh South Carolina murder trial
By Nathan Layne (Reuters) - Closing arguments are set to start on Wednesday in the trial of Richard "Alex" Murdaugh, the now-disbarred South Carolina lawyer charged with gunning down his wife and son ...
Syndicated Content Mar 01, 2023
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