Category Archives:
European equities per-share profit could drop over 6% – HSBC
(Reuters) - European equities could see a drop between 6.4% and 8.5% in earnings per share this year compared to consensus estimates of a rise of more than 11%, HSBC said on Tuesday, as investors worr...
Jun 28, 2022
U.S. targets Russian gold imports, defense industry in new sanctions
By Daphne Psaledakis and Michelle Nichols WASHINGTON (Reuters) - The United States on Tuesday imposed sanctions on over 100 targets and banned the import of new Russian gold, increasing pressure on Ru...
Jun 28, 2022
ISS says new JetBlue offer more favorable for Spirit Airlines
(Reuters) - Institutional Shareholder Services (ISS) said JetBlue Airways Corp's latest offer to buy Spirit Airlines Inc is "more favorable" for the ultra-low-cost airline's shareholders, but maintain...
Jun 28, 2022
Omicron sub-variants BA.4, BA.5 make up more than 50% of U.S. COVID cases – CDC
(Reuters) - The fast-spreading BA.4 and BA.5 sub-variants of Omicron are estimated to make up a combined 52% of the coronavirus cases in the United States as of June 25, the U.S. Centers for Disease C...
Jun 28, 2022
Diageo to wind down Russia operations by year-end
By Richa Naidu LONDON (Reuters) -Diageo, the world's largest spirits maker, will wind down its business operations in Russia over the next six months, it said on Tuesday, becoming the latest Western b...
Jun 28, 2022
World Bank calls for sovereign debt changes ahead of looming crises
By Marc Jones LONDON (Reuters) - A senior official at the World Bank has ramped up its calls for changes in sovereign debt laws so governments have more control when crises strike and they have to res...
Jun 28, 2022
Analysts forecast U.S. vehicle shortages as supply chain woes persist
(Reuters) - Cox Automotive on Tuesday lowered its U.S. auto sales forecast for 2022, as analysts at both Cox and Carmax-owned Edmunds.com said continued supply chain disruptions will leave dealers sho...
Jun 28, 2022
Thomson Reuters names ex-Gannett CEO as Reuters News president
(Reuters) - Thomson Reuters Corp on Tuesday named Paul Bascobert as president of Reuters News, turning to a tech and media veteran to drive growth at the 171-year-old news organization. Bascobert, 58,...
Jun 28, 2022
Dollar Tree to replace CFO, other top executives
(Reuters) - Dollar Tree Inc on Tuesday announced the exit of finance chief Kevin Wampler and some other top executives, weeks after the discount chain reached a settlement with activist investor Mantl...
Jun 28, 2022
Russian retail lobby requests tax cuts to curb food inflation – report
MOSCOW (Reuters) - Russia's major retail lobby has written to the government asking for VAT be reduced on socially important products, the Kommersant daily reported on Tuesday, along with other measur...
Jun 28, 2022
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