Category Archives:
Hong Kong exchange sees further headwinds after first-half profit drop
By Selena Li HONG KONG (Reuters) -The operator of the Hong Kong Stock Exchange (HKEX) flagged continued pressures from global political tensions and other negative factors as it posted a 27% fall in f...
Syndicated Content Aug 17, 2022
T.J. Maxx owner lowers profit forecast as consumers cut spending
(Reuters) - Discount store operator TJX Cos Inc trimmed its forecast for annual earnings on Wednesday, as red-hot inflation forces Americans with lower incomes to cut discretionary spending. In the wa...
Syndicated Content Aug 17, 2022
Futures drop as Target results disappoint, growth stocks slip
(Reuters) - U.S. stock index futures fell on Wednesday after weak results from retailer Target rekindled fears about the health of U.S. consumers, while growth stocks came under renewed pressure as bo...
Syndicated Content Aug 17, 2022
UK inflation to hit 15% in early 2023, Citi predicts
LONDON (Reuters) - British consumer price inflation is likely to peak at an annual rate above 15% in the first three months of next year unless there are government measures to lower prices, economist...
Syndicated Content Aug 17, 2022
Thai court throws out decade-long legal fight over Laos dam
BANGKOK (Reuters) - A top Thai court on Wednesday dismissed a lawsuit seeking to halt purchases of electricity by the country from a hydropower dam in neighbouring Laos over environmental concerns, br...
Syndicated Content Aug 17, 2022
Factbox-U.S., European banks could lose over $5 billion from risky buyout loans
NEW YORK (Reuters) - Major U.S. and European banks are facing tougher times in the riskiest parts of the loan market. The biggest U.S. lenders, including Bank of America and Citigroup, wrote down $1 b...
Syndicated Content Aug 17, 2022
Exclusive-World Bank’s IFC taps blockchain for carbon offsets
By Simon Jessop, Shadia Nasralla and Cole Horton LONDON/NEW YORK (Reuters) - International Finance Corp (IFC), a World Bank affiliate, told Reuters on Wednesday it is backing a blockchain-enabled plat...
Syndicated Content Aug 17, 2022
In New Mexico, Muslims reject sectarian label put on killings
By Andrew Hay (Reuters) - National Muslim groups have linked the killings of four Muslim men in New Mexico to sectarianism, but Muslims who knew the victims and suspected gunman point to revenge and p...
Syndicated Content Aug 17, 2022
Sanofi CFO says stock price pummelling grossly overdone
FRANKFURT (Reuters) - Sanofi's finance chief said on Wednesday that a decline in the French company's share price in response to litigation threats and a cancer drug development setback was strongly e...
Syndicated Content Aug 17, 2022
China’s fiscal revenue growth slows slightly amid sluggish economic recovery
BEIJING (Reuters) - China's fiscal revenue growth slowed slightly in the January-July period compared to the first six months of the year, finance ministry data showed on Wednesday, as the economy was...
Syndicated Content Aug 17, 2022
Peoria, IL, USA
50 °F Partly cloudy
