Author Archives: Syndicated Content
Adidas raises earnings guidance after strong first quarter
FRANKFURT (Reuters) -Sporting goods company Adidas on Tuesday raised its 2024 earnings guidance after a better than expected performance during the first quarter. In an unscheduled announcement, the c...
Apr 16, 2024
Repeat offenders made up 40% of US corporate defaults in 2023, Moody's says
By Matt Tracy (Reuters) - Around 40% of U.S. companies that defaulted on their debt obligations in 2023 had previously done so, according to a new report from credit ratings agency Moody's. These and ...
Apr 16, 2024
Big banks led by Citi continue layoffs amid pressure to cut costs
By Niket Nishant and Manya Saini (Reuters) - U.S. banking giants continued to shed employees in the first quarter, with Citigroup seeing the biggest drop. Headcount at Citi declined by 2,000 employees...
Apr 16, 2024
Yellen says it's important to unlock value of Russian assets to aid Ukraine
By Andrea Shalal WASHINGTON (Reuters) - The U.S. and its Group of Seven (G7) allies are continuing to explore a range of possibilities to unlock the value of nearly $300 billion in frozen Russian asse...
Apr 16, 2024
US Attorney General Garland says Biden has 'no impairment'
By Sarah N. Lynch WASHINGTON (Reuters) - U.S. Attorney General Merrick Garland defended President Joe Biden's mental fitness on Tuesday, telling lawmakers on a House of Representatives panel that he h...
Apr 16, 2024
Second US House Republican calls for Speaker Johnson to leave top job
WASHINGTON (Reuters) - Two U.S. Republican lawmakers are now pushing to oust House of Representatives Speaker Mike Johnson, who said on Tuesday he would not resign. THE TAKE Johnson, who took over as ...
Apr 16, 2024
Biden administration partners with states to protect airline customers
By Rajesh Kumar Singh CHICAGO (Reuters) - U.S. Transportation Secretary Pete Buttigieg on Tuesday announced a partnership with state attorneys general to fast-track investigations into complaints agai...
Apr 16, 2024
Social media platform X withholds some political posts in India after election commission order
(Reuters) - Social media platform X said on Tuesday it withheld some posts in India containing political speech from elected politicians, political parties, and candidates for office after the country...
Apr 16, 2024
US rate futures drop after Powell says restrictive policy needs more time
(Reuters) - Interest rate futures tracking expectations for Federal Reserve policy moves fell on Tuesday after Federal Reserve Chair Jerome Powell said recent data on inflation have not given policyma...
Apr 16, 2024
UK PM Sunak told Netanyahu that Middle East escalation is in no one's interest
LONDON (Reuters) - British Prime Minister Rishi Sunak told Israeli counterpart Benjamin Netanyahu that escalation in the Middle East was in no one's interest in a call after Britain helped Israel repe...
Apr 16, 2024
