Author Archives: Syndicated Content
Kohl's cuts annual sales forecast
(Reuters) - Kohl's cut its annual net sales forecast on Wednesday, as the department store operator struggles with weak consumer demand and higher promotions. The company now expects annual net sales ...
Aug 28, 2024
Abercrombie & Fitch lifts annual sales forecast betting on steady demand
(Reuters) -Abercrombie & Fitch lifted its forecast for annual sales on Wednesday, betting that new styles at its namesake label and a strong assortment at Hollister would draw more shoppers. Abercromb...
Aug 28, 2024
Bath & Body Works cuts annual sales forecast on tepid demand
(Reuters) - Bath & Body Works cut its annual sales forecast on Wednesday, a sign of weaker demand for its pricey products such as fragrances and scented candles in the face of still-high inflation. Co...
Aug 28, 2024
Billionaire investor Buffett offloads Bank of America shares worth $982 million in latest sale
(Reuters) - Billionaire Warren Buffett's Berkshire Hathaway has sold some more shares of Bank of America over the past few days, raking in $981.9 million, as the conglomerate continues to trim down it...
Aug 28, 2024
US surgeon general calls parent stress a public health challenge
By Jeff Mason (Reuters) - The U.S. surgeon general on Wednesday issued a public health advisory about the impact of modern stresses on parents' mental health, calling on government, businesses and com...
Aug 28, 2024
Mpox to add to sub-Saharan Africa's fiscal pressures, rating agency Fitch warns
By Duncan Miriri NAIROBI (Reuters) - A rapid spread of the mpox virus in sub-Saharan Africa could add to the fiscal pressures many countries in the region are already experiencing, ratings agency Fitc...
Aug 28, 2024
Drugmaker Mundipharma's China unit sale fails to find buyer, sources say
By Kane Wu HONG KONG (Reuters) - Drugmaker Mundipharma International, owned by the billionaire Sackler family, has failed to find a buyer for its China unit for the second time in a renewed sale proce...
Aug 28, 2024
Bangladesh revokes ban imposed on main Islamic party by ex-PM Hasina
DHAKA (Reuters) - Bangladesh's caretaker government revoked a ban on the country's main Islamic party and its affiliated groups on Wednesday, saying it has not found evidence of their involvement in "...
Aug 28, 2024
South Korean teen activist hopes for landmark court ruling on climate change
By Ju-min Park SEOUL (Reuters) - Yoon Hyeonjeong, a 19-year-old South Korean activist, says the fate of her years-long fight for more action to tackle climate change hinges on what could be a landmark...
Aug 28, 2024
Kremlin, dismissing Zelenskiy's talk of plan to end war, says Russia will keep fighting
MOSCOW (Reuters) - The Kremlin on Wednesday dismissed talk by Ukrainian President Volodymyr Zelenskiy about a plan he has to end the war and said Russia would continue what it calls its "special milit...
Aug 28, 2024
