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BofA, UBS trim forecast for Fed funds rate amid banking crisis
(Reuters) - Bank of America and UBS trimmed their terminal rate expectations on Thursday after the U.S. Federal Reserve hinted that it might pause its rate-hike campaign due to the turmoil in the bank...
Syndicated Content Mar 23, 2023
Chinese search giant Baidu invests in RISC-V chip technology startup StarFive
SHANGHAI (Reuters) - Shanghai-based RISC-V chip technology company StarFive said on Thursday that it has received a strategic investment from Chinese search giant Baidu Inc. The company added that to ...
Syndicated Content Mar 23, 2023
General Mills raises annual sales forecast on steady demand, price hikes
(Reuters) - General Mills Inc raised its annual sales forecast after posting better-than-expected quarterly sales on Thursday, benefiting from price increases and resilient demand for its snack bars, ...
Syndicated Content Mar 23, 2023
Bombardier lifts 2025 financial targets amid strong business jet market
By Allison Lampert MONTREAL (Reuters) - Canadian business jet maker Bombardier Inc on Thursday raised its 2025 revenue and free cash flow targets at its investor day, capitalizing on strong demand for...
Syndicated Content Mar 23, 2023
Ford sees $3 billion pretax loss in its EV business this year
By Paul Lienert (Reuters) - Ford Motor Co expects its electric vehicle business unit to lose $3 billion this year, but remains on track to achieve a pretax margin of 8% by late 2026, the company said....
Syndicated Content Mar 23, 2023
Apple considers bidding for English football streaming rights – Bloomberg News
(Reuters) - Apple Inc is considering bidding for streaming rights of a range of English football games, Bloomberg News reported on Thursday, citing people familiar with the situation. The rights under...
Syndicated Content Mar 23, 2023
Accenture forecasts third-quarter revenue below estimates
(Reuters) - IT services firm Accenture Plc forecast third-quarter revenue below Wall Street estimates on Thursday on worries that budget cuts from recession-wary enterprises will weigh down on its bus...
Syndicated Content Mar 23, 2023
ECB slowly trims carbon footprint of its bond stash
FRANKFURT (Reuters) - The European Central Bank has trimmed the carbon intensity of its 385-billion-euro stash of corporate bonds but the dwindling of purchases is slowing its progress, an ECB report ...
Syndicated Content Mar 23, 2023
Toshiba board accepts Japan Industrial Partners buyout proposal -source
By Makiko Yamazaki TOKYO (Reuters) - Toshiba Corp's board on Thursday accepted a buyout offer from a group led by private equity firm Japan Industrial Partners, a source familiar with the matter said,...
Syndicated Content Mar 23, 2023
India’s Tata Group mulls pumping $2 billion into super app venture -Bloomberg News
BENGALURU (Reuters) - Indian salt-to-software conglomerate Tata Group is considering injecting another $2 billion into its super app venture to bolster its digital business, Bloomberg News reported on...
Syndicated Content Mar 23, 2023
Peoria, IL, USA
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