Category Archives:
Analysis-Bulgaria’s euro zone entry threatened by election stalemate
By Tsvetelia Tsolova SOFIA (Reuters) - Bulgaria's longstanding political deadlock threatens to delay its plan to adopt the euro on Jan. 1, 2024, at a time when the eurosceptic and pro-Russian Revival ...
Nov 09, 2022
Canopy Growth posts smaller loss on higher demand, improved margins
(Reuters) - Pot producer Canopy Growth Corp reported a smaller second-quarter core loss on Wednesday, helped by higher sales of its cannabis-infused drinks and cost-cutting measures. Canopy has been d...
Nov 09, 2022
Canada’s wireless giant Rogers posts higher quarterly revenue
(Reuters) - Canadian wireless giant Rogers Communications Inc posted a 2% increase in quarterly revenue on Wednesday, benefiting from higher roaming charges due to a rebound in international travel an...
Nov 09, 2022
Goldman Sachs revises up forecast path for USD/JPY to reflect more persistent U.S. hiking cycle
LONDON (Reuters) - Goldman Sachs analysts have revised up their projections for the dollar versus the Japanese yen, mainly to reflect a "more persistent U.S. hiking cycle than initially anticipated. T...
Nov 09, 2022
Bangladesh sought IMF loan to prevent economic crisis, says minister
DHAKA (Reuters) - Bangladesh's finance minister said on Wednesday the country had sought an International Monetary Fund (IMF) loan to ensure economic instability does not escalate into a crisis. The I...
Nov 09, 2022
Euro zone bond yields fall ahead of US inflation, midterm results
By Harry Robertson LONDON (Reuters) - Euro zone bond yields slipped on Wednesday as investors awaited key U.S. inflation data, due out Thursday, and the results of the U.S. midterm elections. Yields, ...
Nov 09, 2022
Homebuilder D.R. Horton quarterly profit jumps on higher property prices
(Reuters) - D.R. Horton Inc posted a 22% rise in quarterly profit on Wednesday, as the largest U.S. homebuilder benefited from elevated property prices amid tight supply. Homebuilders have benefited a...
Nov 09, 2022
Michael Kors-owner Capri cuts full-year sales forecast
(Reuters) - Michael Kors-owner Capri Holdings Ltd lowered its annual profit forecast on Wednesday, blaming a hit from a stronger dollar and a slow demand recovery in the key Chinese market due to pers...
Nov 09, 2022
Pipeline operator TC Energy’s quarterly profit rises on robust energy demand
(Reuters) -TC Energy Corp reported an 8% rise in quarterly profit on Wednesday, as surging energy demand boosted the Canadian pipeline operator's earnings from its businesses transporting natural gas....
Nov 09, 2022
Prosiebensat.1 weighs deal to buy SKY TV operations in Germany – sources
BERLIN/MILAN (Reuters) - German media group Prosiebensat.1 is exploring a potential deal to buy SKY pay-TV operations in Germany, two sources close to the matter said on Wednesday. Prosiebensat.1 decl...
Nov 09, 2022
Peoria, IL, USA
42 °F Overcast
