Author Archives: Syndicated Content
Egypt's foreign debt drops $7.4 billion in first quarter
CAIRO (Reuters) -Egypt's foreign debt fell by $7.4 billion in the first three months of 2024, according to central bank data released on Tuesday. The country's finances were boosted in late February w...
Aug 20, 2024
XPeng projects lower-than-expected quarterly revenue on stiff competition
(Reuters) - Chinese firm XPeng forecast third-quarter revenue below analysts' expectations and missed June-quarter sales estimates on Tuesday, hurt by stiff competition and a drop in demand for its ag...
Aug 20, 2024
Medtronic lifts profit forecast on medical devices demand, new launches
(Reuters) -Medtronic slightly lifted the lower end of its annual profit forecast on Tuesday, banking on sustained demand for its medical devices and growth from its new launches. Over the past few qua...
Aug 20, 2024
Exclusive-Citic, CICC among 10 brokerages included in China's Greater Bay Area wealth scheme, sources say
By Selena Li and Xie Yu HONG KONG (Reuters) - China and Hong Kong are set to expand a pilot wealth scheme that allows residents to invest cross-border by adding the first batch of 10 securities firms,...
Aug 20, 2024
J&J to buy medical device maker V-Wave in up to $1.1 billion deal
(Reuters) - Johnson & Johnson said on Tuesday it would buy medical device maker V-Wave in a deal potentially worth up to $1.1 billion, marking the latest acquisition to bolster its devices unit. J&J s...
Aug 20, 2024
UK competition watchdog accepts Meta's changes to ad data rules
(Reuters) - Britain's competition watchdog said on Tuesday it has accepted Meta's proposed changes in the way it would use the data of customers choosing to advertise on the global social media platfo...
Aug 20, 2024
Moscow Stock Exchange considers legal action against US and UK sanctions
MOSCOW (Reuters) - The Moscow Stock Exchange is discussing ways to challenge sanctions imposed by the United States and Britain that led to a halt in exchange trading of dollars and euros and a freeze...
Aug 20, 2024
US streaming viewership surges in July due to Olympics, Nielsen reports
(Reuters) - TV viewership in the United States rose 3.5% in July from a year earlier, largely driven by the summer Olympics in Paris, according to research firm Nielsen's latest The Gauge report. Stre...
Aug 20, 2024
Stellantis confirms Belvidere investment plans are delayed
(Reuters) - Stellantis on Tuesday confirmed it had notified the United Auto Workers (UAW) union that its plans for investments at Belvidere, Illinois, will be delayed but the automaker is not scrappin...
Aug 20, 2024
Canada inflation cools to 40-month low of 2.5% in July
TORONTO (Reuters) - Canada's annual inflation rate cooled to a 40-month low of 2.5% in July, matching forecasts, and core inflation measures eased as well, data showed on Tuesday, keeping the Bank of ...
Aug 20, 2024
