Author Archives: Syndicated Content
Brazilian court rules against Petrobras in $193 million tax case
SAO PAULO (Reuters) - Brazil's Superior Court of Justice has denied state-run oil company Petrobras an appeal against the collection of some 987 million reais ($192.68 million) in taxes, the company s...
May 22, 2024
An Argentine railway builder suffers in the shadow of Milei's cuts
By Lucinda Elliott LA PLATA, Argentina (Reuters) - Argentine laborer Pablo Vazquez was finishing a day's shift laying track for a train line near La Plata on the outskirts of Buenos Aires when the for...
May 22, 2024
Analog Devices forecasts quarterly revenue above estimates
(Reuters) - Analog Devices forecast third-quarter revenue above Wall Street expectations on Wednesday, helped by a rise in demand for its automotive and industrial chips after a prolonged slump. The c...
May 22, 2024
US consumer watchdog will apply credit card rules to buy now, pay later companies
By Hannah Lang (Reuters) - The U.S. Consumer Financial Protection Bureau will apply some credit card consumer protection rules to buy now, pay later (BNPL) lenders, the agency said on Wednesday, in a ...
May 22, 2024
Americans keep vehicles for record 12.6 years on average despite easing supplies, S&P says
SAN FRANCISCO (Reuters) - Automobile owners in the United States are holding on to their vehicles longer, according to a new study, even as major supply disruptions caused by the COVID pandemic ease a...
May 22, 2024
European Commission official sees $100 billion in private chip investment by 2030
By Toby Sterling ANTWERP, Belgium (Reuters) - The European Chips Act is on track to help attract more than 100 billion euros ($108.41 billion) worth of private investment to the European semiconductor...
May 22, 2024
Several Chinese cities slash down payments, mortgage rates to boost property demand
BEIJING (Reuters) - Several cities across China have lowered down payment and mortgage loan interest rates, in response to the latest wave of stimulus measures to boost lackluster property demand, sta...
May 22, 2024
Off-price retailer TJX lifts annual profit forecast on strong demand, lower costs
(Reuters) - TJX Cos raised its annual profit forecast on Wednesday, banking on easing costs and robust demand. The company expects annual earnings per share to be in the range of $4.03 to $4.09, compa...
May 22, 2024
Kremlin says the West needs to engage in talks to defuse rising nuclear tensions
(Reuters) - The Kremlin said on Wednesday that "in-depth dialogue" was the way to reduce rising tensions between Russia and the West, including in the nuclear sphere, but that "the collective West" wa...
May 22, 2024
Futures muted as Nvidia results, Fed minutes to test Wall St's record run
(Reuters) - U.S. index futures were subdued on Wednesday as investors zeroed in on the week's biggest events, AI chip leader Nvidia's quarterly results and the Federal Reserve's policy meeting minutes...
May 22, 2024
