Category Archives:
Lazard second-quarter profit rises 94%
(Reuters) - Lazard Ltd reported an over 94% rise in second-quarter profit on Friday as the investment bank's advisory business benefited from record dealmaking activity in capital markets. Net income,...
Jul 30, 2021
Online retailer Boohoo to move to new auditing model for suppliers
(Reuters) - Online fashion retailer Boohoo said on Friday it would move all of its suppliers to a new auditing model over the next 12 months in its latest effort to address failings brought to light i...
Jul 30, 2021
Monzo discloses money laundering probe, losses increase
By Iain Withers LONDON (Reuters) - British digital bank Monzo is facing a potential civil and criminal money laundering investigation by the Financial Conduct Authority (FCA), the lender disclosed in ...
Jul 30, 2021
Michael Kors, Versace parent Capri beats revenue estimates
Michael Kors parent Capri Holdings Ltd beat Wall Street estimates for first-quarter revenue on Friday, as shoppers in China and the United States splurged on its high-end clothes and purses. Revenue r...
Jul 30, 2021
Caterpillar adjusted profit rises as economic growth drives demand
(Reuters) -Caterpillar Inc on Friday reported a rise in second-quarter adjusted profit, as a recovery in global economic activity from pandemic lows fueled demand for its heavy machinery and construct...
Jul 30, 2021
Burger King parent Restaurant Brands revenue beats estimates
(Reuters) - Burger King parent Restaurant Brands International Inc beat estimates for quarterly revenue on Friday, as more customers ate out after COVID-19 restrictions in Canada and the United States...
Jul 30, 2021
Motor racing-Netflix to stream Schumacher documentary from Sept. 15
(Reuters) - Netflix will air a documentary series on Formula One great Michael Schumacher from Sept. 15, the online streaming platform said on Friday. Approved by his family, "Schumacher" features int...
Jul 30, 2021
China to boost scrutiny of online ride hailing firms -ministry
SHANGHAI (Reuters) - China will ramp up its scrutiny of online ride-hailing firms under plans to strengthen the protection of worker rights and require firms to amend any non-compliant operations, the...
Jul 30, 2021
Fed’s Powell bets economy will navigate new coronavirus surge
By Howard Schneider WASHINGTON (Reuters) - Federal Reserve Chair Jerome Powell's belief that the U.S. economy has "learned to handle" the coronavirus and won't be swamped in a fresh wave of infections...
Jul 30, 2021
Exclusive-U.S. regulator freezes Chinese company IPOs over risk disclosures -sources
By Echo Wang, Scott Murdoch and Kane Wu (Reuters) - The U.S. Securities and Exchange Commission (SEC) has stopped processing registrations of U.S. initial public offerings (IPOs) and other sales of se...
Jul 30, 2021
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