Author Archives: Syndicated Content
Polestar posts further loss, hit by demand slowdown and delay in car launches
STOCKHOLM (Reuters) - Polestar posted a second quarter operating loss on Thursday, a day after the Swedish electric vehicle (EV) maker replaced its CEO amid funding issues and flagging sales. The luxu...
Thomson Reuters Aug 29, 2024
Best Buy lifts annual profit forecast as tighter cost controls pay off
(Reuters) -Best Buy raised its annual profit forecast on Thursday as tighter controls on costs help the electronics retailer offset the impact from steeper discounts and promotions across its categori...
Thomson Reuters Aug 29, 2024
Salesforce gains as software firm bets on AI tools to power growth
(Reuters) - Shares of Salesforce gained more than 5% on Thursday as investors cheered the customer relationship management software maker's upbeat quarterly results and its artificial intelligence pus...
Thomson Reuters Aug 29, 2024
Campbell Soup forecasts annual sales above estimates on steady demand
(Reuters) -Campbell Soup Co forecast annual sales above Wall Street expectations on Thursday, betting on benefits from several quarters worth of price hikes as well as steady demand for its soups and ...
Thomson Reuters Aug 29, 2024
German bank turns wary on consumers as borrowers get poorer
FRANKFURT (Reuters) - DZ Bank, one of Germany's top lenders, has grown more wary of the risks consumers pose as they get poorer, the bank's chief executive said on Thursday. The risk identified by Cor...
Thomson Reuters Aug 29, 2024
Analysis-Sterling's stunning rally keeps twitchy currency markets on edge
By Naomi Rovnick LONDON (Reuters) - Sterling has hit roughly 2-1/2 years highs against the dollar and is flying high versus the euro, in moves analysts warn are underpinned by speculative interest rat...
Thomson Reuters Aug 29, 2024
Exclusive-India's monsoon expected to be prolonged, threatening ripe crops, sources say
By Rajendra Jadhav MUMBAI (Reuters) - India's monsoon rains are likely to be prolonged into late September this year due to the development of a low-pressure system in the middle of the month, two wea...
Thomson Reuters Aug 29, 2024
Bolivian farmers pack up and flee as wildfires burn woodland
By Santiago Limachi and Lucinda Elliott CONCEPCION, Bolivia (Reuters) - In Bolivia's lowland region of Santa Cruz, farmer Mario Guasasi packed up his belongings this week, putting mattresses, food, an...
Thomson Reuters Aug 29, 2024
Paralympics-Weather forecast forces organisers to change triathlon plans
By Julien Pretot PARIS (Reuters) - Para triathlon events at the Paris Games, where the swimming leg is being held in the Seine river, will take place on Sept. 1 instead of across two days because of t...
Thomson Reuters Aug 29, 2024
Analysis-'Windfall' fees now less likely for lawyers who sued to cut Musk's Tesla pay
By Tom Hals WILMINGTON, Delaware (Reuters) - The lawyers who sued successfully to void Tesla CEO Elon Musk's $56 billion pay package are seeking a record $6 billion in fees, and the judge who will dec...
Thomson Reuters Aug 29, 2024
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