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Change to BP climate goal a concern for emissions-focused investors – shareholder
By Ron Bousso, Simon Jessop and Shadia Nasralla LONDON (Reuters) - A member of a major climate-focused investor group leading engagement with BP has voiced concern the company may stray from commitmen...
Syndicated Content Feb 10, 2023
U.S. December consumer prices revised higher
WASHINGTON (Reuters) - U.S. monthly consumer prices rose in December instead of falling as previously estimated, revised government data showed on Friday. The consumer price index edged up 0.1% in Dec...
Syndicated Content Feb 10, 2023
Walmart pushes back as major product suppliers ask for higher prices
By Siddharth Cavale and Jessica DiNapoli NEW YORK (Reuters) - Walmart Inc is warning major packaged goods makers that it can no longer stomach their price hikes, pitching its own private-label product...
Syndicated Content Feb 10, 2023
Ackman’s Pershing Square reaps $2.7 billion from rate trade but down 9% in 2022 -letter
By Nell Mackenzie LONDON (Reuters) - Billionaire investor William Ackman's Pershing Square fund reaped $2.7 billion on interest rate trades in 2022, but not enough to plug losses and the fund finished...
Syndicated Content Feb 10, 2023
Bradesco shares hit 2-year low after disappointing quarterly earnings
By Aluisio Alves and Andre Romani SAO PAULO (Reuters) - Shares in Brazil's Banco Bradesco SA fell to their lowest level in almost two years on Friday after the bank reported fourth-quarter net income ...
Syndicated Content Feb 10, 2023
Ford cuts Rivian stake to about 1% amid production woes at EV maker
(Reuters) - Ford Motor Co has cut its stake in struggling EV maker Rivian Automotive Inc to 1.15%, a week after the Detroit automaker reported a fall in profit and predicted a tough year ahead. Shares...
Syndicated Content Feb 10, 2023
Canada smashes expectations with 150,000 jobs gain in January
OTTAWA (Reuters) -The Canadian economy gained a net 150,000 jobs in January, smashing expectations, while the jobless rate held steady at 5.0%, Statistics Canada (Statscan) data showed on Friday. Anal...
Syndicated Content Feb 10, 2023
China approves 87 new video games including titles by Tencent and Alibaba
By Josh Ye HONG KONG (Reuters) - China's video games regulator on Friday approved 87 new video games for the month of Feburary including titles under Tencent Holdings, Alibaba Group and NetEase. Shenz...
Syndicated Content Feb 10, 2023
India’s industrial output rose 4.3% y/y in December
NEW DELHI (Reuters) -India's industrial output in December rose 4.3% year on year, data from the Ministry of Statistics showed on Friday. That was lower than the 4.5% expected by analysts polled by Re...
Syndicated Content Feb 10, 2023
Newell Brands CEO Saligram to retire; forecasts 2023 results below estimates
(Reuters) - Newell Brands Inc said its top boss Ravi Saligram will retire effective May 16 and forecast annual results below analysts' estimates, sending the Sharpie maker's shares down 11% in premark...
Syndicated Content Feb 10, 2023
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