Category Archives:
Global equity funds receive inflows for first time in 10 weeks
(Reuters) - Global equity funds attracted money inflows in the week ended Oct. 26, bolstered by expectations the Federal Reserve would slow its pace of rate hikes to counter the economic slowdown. Acc...
Oct 28, 2022
Imperial Oil quarterly profit more than doubles amid tighter energy supply
(Reuters) - Imperial Oil Ltd reported a jump in third-quarter profit on Friday, on the back of higher energy prices amid tighter global supplies. Oil companies are posting record profits amid higher p...
Oct 28, 2022
Italian inflation surges in October ahead of euro zone figures
By Antonella Cinelli and Gavin Jones ROME (Reuters) - Italian inflation surged to a new record high in October, data showed on Friday, underscoring the economic challenges facing new Prime Minister Gi...
Oct 28, 2022
AbbVie misses sales estimates as Botox, Juvederm face slowdown jitters
(Reuters) -AbbVie Inc on Friday missed Wall Street estimates for quarterly sales, hurt by weaker-than-expected revenue from its popular facial filler Juvederm and blockbuster anti-wrinkle injection Bo...
Oct 28, 2022
Airbus confirms it faces new bribery settlement over Kazakhstan, Libya
PARIS (Reuters) - Airbus confirmed on Friday it is negotiating a fresh bribery settlement with French authorities over past dealings in Libya and Kazakhstan, extending record fines paid in 2020. The d...
Oct 28, 2022
Air Canada quarterly revenue more than doubles on strong travel demand
(Reuters) - Air Canada said on Friday its quarterly revenue more than doubled as it flew more people helped by strong summer travel demand, but the carrier faces operational headaches and high jet fue...
Oct 28, 2022
Amazon slumps as tech selloff worsens
(Reuters) - Amazon.com Inc's shares tumbled about 13% in premarket trading, with the online retailer coming close to losing its spot in the trillion-dollar company club, after forecasting holiday-quar...
Oct 28, 2022
Bank of England poised to raise rates by most in 33 years
By William Schomberg LONDON (Reuters) - The Bank of England looks set to raise borrowing costs by the most since 1989 next week even as it prepares for a recession that could be deepened by spending c...
Oct 28, 2022
Italian court suspends decision on Amazon’s record fine appeal
ROME (Reuters) - An Italian court has suspended a decision on a request by e-commerce giant Amazon to annul a record 1.13 billion euro ($1.12 billion) fine imposed by Italy's antitrust watchdog for al...
Oct 28, 2022
Glencore set for record 2022 trading profit despite second-half fall
LONDON (Reuters) - Glencore expects second-half operating profit at its trading arm to fall sharply from the previous six months to $1.6 billion, it said on Friday, but it remains on track for a recor...
Oct 28, 2022
Peoria, IL, USA
60 °F Partly cloudy
