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South Korea FX reserves increase in July after four months of decline
SEOUL (Reuters) - South Korea's foreign exchange reserves increased slightly in July, central bank data showed on Wednesday, ending four straight months of decreases led partly by authorities' dollar-...
Syndicated Content Aug 02, 2022
Brazil’s Cielo Q2 net profit soars, beating forecasts
(Corrects headline and first paragraph to say net profit more than tripled, not doubled) SAO PAULO (Reuters) - Brazilian payment processor Cielo SA said on Tuesday its second-quarter net profit more t...
Syndicated Content Aug 02, 2022
Peoria man accused of business burglary
PEORIA, Ill. – A Peoria man is in jail after he was caught Monday trying to break into a Central Peoria business. Peoria Police say they were called to a business near North University Street an...
Will Stevenson Aug 02, 2022
Fossil fuel side deal for U.S. climate bill slammed by green groups
By Nichola Groom (Reuters) - A deal among U.S. Senate Democrats that would provide faster approvals for fossil fuel projects in exchange for party-line support for a spending bill focused on tackling ...
Syndicated Content Aug 02, 2022
Robinhood cutting workforce by 23%
By Hannah Lang (Reuters) -Retail trading platform Robinhood Markets Inc said on Tuesday it is laying off about 23% of its employees, sending its shares down more than 3% in extended trading. The compa...
Syndicated Content Aug 02, 2022
Steelmaker Ternium reports 19% drop in Q2 net profit as costs grow
MEXICO CITY (Reuters) -Steel producer Ternium reported on Tuesday a 19% drop in its second-quarter net profit from the year-ago period, as the costs of sales and expenses grew. The company's net profi...
Syndicated Content Aug 02, 2022
White House competition adviser set to step down in coming months -source
WASHINGTON (Reuters) - White House competition adviser Tim Wu plans to step down in the coming months and return to the academic world, a source told Reuters. President Joe Biden named Wu, a Columbia ...
Syndicated Content Aug 02, 2022
Gilead quarterly profit falls as COVID antiviral sales decrease
(Reuters) - Gilead Sciences Inc on Tuesday said its second-quarter adjusted profit fell 13% due to higher research and royalty costs as well as a downturn in sales of its COVID-19 antiviral drug Veklu...
Syndicated Content Aug 02, 2022
Occidental Petroleum posts higher quarterly profit
(Reuters) - Occidental Petroleum Corp posted a sequential rise in second-quarter profit, as the U.S. shale producer benefited from higher crude prices. The company's net earnings attributable to commo...
Syndicated Content Aug 02, 2022
AMD forecasts current-quarter revenue largely below estimates
(Reuters) -Advanced Micro Devices Inc on Tuesday forecast third-quarter revenue largely below estimates, sending the chip designer's shares down 5%. The company expects revenue of $6.7 billion, plus o...
Syndicated Content Aug 02, 2022
Peoria, IL, USA
46 °F Overcast
