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India’s TVS Motor beats Q1 profit view on two-wheeler demand
BENGALURU (Reuters) - India's TVS Motor reported a bigger-than-expected rise in first-quarter profit on Monday, helped by strong demand for its two-wheelers, including its flagship electric scooter. T...
Syndicated Content Jul 24, 2023
Mediobanca teams up with UK’s Founders Factory in fintech push
MILAN (Reuters) - Mediobanca will partner with London-based Founders Factory, an early-stage investor in new businesses, to promote fintech start-ups, the two companies said, as the Italian bank works...
Syndicated Content Jul 24, 2023
Factbox-Brokerages ramp up ECB rate hike bets on sticky inflation, hawkish policymakers
(Reuters) - Most brokerages expect two more 25-basis point rate hikes by the European Central Bank (ECB) as inflation remains sticky and central bank policymakers strike a hawkish stance. The ECB depo...
Syndicated Content Jul 24, 2023
China to step up policy adjustments, focus on demand: Politburo
BEIJING (Reuters) - China will step up macroeconomic policy adjustments and focus on expanding domestic demand, the Politburo, a top decision-making body of the ruling Communist Party, said on Monday,...
Syndicated Content Jul 24, 2023
Explainer-What is the ‘Basel III endgame’ and why are banks worked up about it?
By Pete Schroeder WASHINGTON (Reuters) - U.S. banking regulators will on Thursday unveil a sweeping proposal for stricter bank capital requirements known as the "Basel III endgame" aimed at ensuring t...
Syndicated Content Jul 24, 2023
Wall St sees bargains, lure of Europe buoying cruise, hotel earnings
By Doyinsola Oladipo NEW YORK (Reuters) - The post-pandemic rebound of international travel, particularly to Europe, is expected to be a bright spot for hotels and cruise operators this quarter on Wal...
Syndicated Content Jul 24, 2023
Domino’s Pizza misses revenue estimates as higher prices dent demand
(Reuters) -Domino's Pizza missed Wall Street estimates for quarterly revenue on Monday, as elevated delivery fees and higher prices dented demand for its pizzas and chicken wings. Similar to other res...
Syndicated Content Jul 24, 2023
‘Barbie’ buzz likely just a flash in the pan for toymaker Mattel
By Savyata Mishra (Reuters) - The fanfare around Margot Robbie-starrer "Barbie" could jolt the iconic Mattel doll's sales out of a year-long slump, but Wall Street thinks the party in pink will be sho...
Syndicated Content Jul 24, 2023
Meta’s Threads could lure ads from Twitter but it’s early days, analysts say
By Akash Sriram, Samrhitha A and Sheila Dang (Reuters) - Threads, Meta Platform's broadside to Twitter, is seen by some advertisers as less contentious and more predictable than Elon Musk's platform, ...
Syndicated Content Jul 24, 2023
Smaller miners’ hunger for cash grows as copper prices fall, sparking M&A bets
By Divya Rajagopal and Melanie Burton TORONTO/SYDNEY - A fall in copper prices is having an outsized impact on small and mid-sized miners, forcing many to cut output, and some are now open to raising ...
Syndicated Content Jul 24, 2023
Peoria, IL, USA
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