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Abercrombie & Fitch raises annual sales forecast, shares jump 20%
(Reuters) -Abercrombie & Fitch Inc raised its annual sales on Wednesday, banking on steady demand for its clothes and accessories even as inflation eats into household budgets. Shares of the Ohio-base...
Syndicated Content May 24, 2023

$38M development project approved for Peoria’s Warehouse District
PEORIA, Ill. — Two of the largest undeveloped warehouses in Peoria’s Warehouse District are about to get a makeover. The City Council on Tuesday night approved a $38 million development pl...
Julia Bradley May 24, 2023
TSX set to open lower on subdued banks earnings, US debt deal jitters
(Reuters) - Canada's main stock index futures edged lower on Wednesday tracking a somber mood across markets on prolonged U.S. debt deal talks, while subdued earnings from two major domestic lenders a...
Syndicated Content May 24, 2023
White House, Republicans plan to convene on US debt ceiling as deadline looms
By Moira Warburton, Nandita Bose and Gram Slattery WASHINGTON (Reuters) - Negotiators for Democratic President Joe Biden and Republican Speaker Kevin McCarthy were expected to reconvene on Wednesday m...
Syndicated Content May 24, 2023
Hong Kong regulator to issue crypto licences with retail investor guardrails
By Georgina Lee HONG KONG (Reuters) - Hong Kong's securities regulator said its crypto licensing regime will include measures to protect retail investors as it brings in tougher rules for digital asse...
Syndicated Content May 24, 2023
Toronto stock market seen up but slowdown in China could crimp gains: Reuters poll
By Fergal Smith TORONTO (Reuters) - Canada's main stock index will rally less than previously expected in 2023 as higher borrowing costs cool the domestic economy and signs China's recovery is slowing...
Syndicated Content May 24, 2023
Kohl’s maintains full-year forecasts after Q1 sales miss
(Reuters) -Kohl's Corp maintained its full-year profit and operating margin forecasts even as it missed quarterly sales estimates on Wednesday, sending the department store chain's shares up 10% in pr...
Syndicated Content May 24, 2023
Exclusive-Asia-focused HSBC puts 12 countries on exit watchlist
By Lawrence White LONDON (Reuters) - HSBC is reviewing a possible exit from as many as 1 in 5 of the countries the lender operates in to sharpen its focus on Asian expansion, Chief Financial Officer G...
Syndicated Content May 24, 2023
African GDP growth to edge up in 2023 despite South Africa slide -AfDB
By Rachel Savage JOHANNESBURG (Reuters) -Africa's economic growth is set to edge upwards in 2023 and 2024 amid tighter global monetary policy and the fallout from Russia's invasion of Ukraine, but Sou...
Syndicated Content May 24, 2023
Shanghai invites GM to boost investment, R&D in city
SHANGHAI/BEIJING (Reuters) -Shanghai has invited General Motors to boost investment and research and development in the city, the city government said on Wednesday. Shanghai looked forward to General ...
Syndicated Content May 24, 2023
Peoria, IL, USA
69 °F Thunderstorm In Vicinity
