Category Archives:
Albertsons beats profit, revenue expectations on strong demand for groceries
(Reuters) - Albertsons Companies topped Wall Street expectations for quarterly profit and revenue on Tuesday, on the back of steady demand for groceries and pocket-friendly private label brands. Consu...
Jul 25, 2023
IMF increasingly worried about ‘material’ impact of climate change on economies
By Andrea Shalal WASHINGTON (Reuters) - The International Monetary Fund on Tuesday called for better coordinated efforts to address the causes of climate change, warning extreme weather is posing mate...
Jul 25, 2023
Dover misses second-quarter estimates as system upgrade disrupts operations
(Reuters) - Dover Corp on Tuesday forecast annual profit largely below Wall Street expectations and missed second-quarter estimates, as manufacturing and shipment disruptions due to a system upgrade h...
Jul 25, 2023
UniCredit to post strong quarter as Russia draws scrutiny
By Valentina Za and Giuseppe Fonte MILAN (Reuters) - Italian bank UniCredit is set to report sharply higher revenue on Wednesday from a year ago as it continues to benefit from higher interest rates -...
Jul 25, 2023
IMF expects Japan’s economy to grow 1.4% this year on pent-up demand
TOKYO (Reuters) - Japan's economy is expected to expand 1.4% this year, faster than a 1.0% rise in 2022, as removal of pandemic curbs boost consumption, the International Monetary Fund (IMF) said on T...
Jul 25, 2023
IMF edges 2023 global economic growth forecast higher, sees persistent challenges
By Andrea Shalal WASHINGTON (Reuters) - The International Monetary Fund on Tuesday raised its 2023 global growth estimates slightly given resilient economic activity in the first quarter, but warned t...
Jul 25, 2023
IMF sticks with forecast for limited UK growth in 2023
By David Milliken LONDON (Reuters) - The International Monetary Fund confirmed its latest forecast for British economic growth this year, saying cheaper energy, better relations with the European Unio...
Jul 25, 2023
Morgan Stanley cuts Israel sovereign credit to “dislike stance” after judiciary changes
LONDON (Reuters) - Morgan Stanley cut Israel sovereign credit to a "dislike stance" on Tuesday following judiciary changes that will drastically limit the powers of the country's Supreme Court. "We se...
Jul 25, 2023
India’s Cyient posts Q1 profit jump but misses estimates as costs rise
HYDERABAD (Reuters) - India's Cyient Ltd reported a 45% rise in quarterly profit on Tuesday that just missed analysts' estimates as rising expenses at the engineering and IT services company offset st...
Jul 25, 2023
TikTok to launch e-commerce platform in US to sell China-made goods – WSJ
(Reuters) - TikTok is planning to launch in early August an e-commerce platform to sell China-made goods in the United States, the Wall Street Journal reported on Tuesday, citing people familiar with ...
Jul 25, 2023
Peoria, IL, USA
45 °F Overcast
