Author Archives: Syndicated Content
Kering warns on annual 2024 operating profit as Gucci sales fall
PARIS (Reuters) -French luxury goods group Kering warned on Wednesday its full-year operating income would almost halve after reporting a larger-than-expected drop in third quarter sales, as weak dema...
Oct 23, 2024
Brazil's Haddad says measures for fiscal rules sustainability to be discussed with Lula
By Marcela Ayres WASHINGTON (Reuters) - Brazil's Finance Minister Fernando Haddad said on Wednesday that a "remedy" to ensure the sustainability of the country's fiscal framework will be discussed wit...
Oct 23, 2024
Michelin misses quarterly sales estimates on weaker global demand
(Reuters) - Michelin's third-quarter sales dropped by 4.2%, slightly missing market expectations due to weaker demand, the French tyre maker said on Wednesday. Group sales overall during the period ca...
Oct 23, 2024
New York probing whether Capital One-Discover merger violates antitrust law
NEW YORK (Reuters) - New York Attorney General Letitia James is investigating whether Capital One's proposed takeover of Discover Financial Services violates the state's antitrust law. In court filing...
Oct 23, 2024
Bridgewater says Fed independence is a top concern in US election
By Carolina Mandl NEW YORK (Reuters) - Hedge fund Bridgewater Associates said the Federal Reserve independence is probably a top issue in the U.S. presidential election, according to a commentary sent...
Oct 23, 2024
Telecom group sues to block FTC's 'click to cancel' rule
By Jody Godoy (Reuters) - An industry group representing cable and internet providers sued along with two others on Wednesday to block a U.S. Federal Trade Commission rule that requires companies to o...
Oct 23, 2024
US, Cyprus agree to boost ties
NICOSIA (Reuters) - The United States and the east Mediterranean island of Cyprus on Wednesday agreed to boost cooperation, amid a backdrop of increasing turmoil in the neighbouring Middle East. A str...
Oct 23, 2024
War likely to wipe 9% off Lebanon's GDP, with fallout set to exceed 2006 conflict
By Maya Gebeily and Michelle Nichols BEIRUT/NEW YORK (Reuters) - The war between Israel and armed group Hezbollah is expected to wipe 9% off Lebanon's national wealth as measured by GDP, the United Na...
Oct 23, 2024
Netherlands eyes border controls as part of migration clampdown, RTL News reports
AMSTERDAM (Reuters) - The Netherlands looks set to introduce border controls as part of a raft of measures aimed at limiting immigration, Dutch broadcaster RTL reported on Wednesday, citing government...
Oct 23, 2024
Italian judges failed to comply with EU law in Albanian camps ruling, minister says
By Angelo Amante ROME (Reuters) - Justice Minister Carlo Nordio said Italian judges had failed to comply with EU law in a ruling last week that undermined Italy's flagship plan to house asylum seekers...
Oct 23, 2024
