Author Archives: Syndicated Content
Exclusive-Macy's opens its books in company sale talks
By Abigail Summerville and Svea Herbst-Bayliss NEW YORK (Reuters) -Macy's Inc told Reuters on Tuesday that it will open its books to Arkhouse and Brigade Capital, a potential breakthrough in the inves...
Mar 19, 2024
BOJ cuts maximum limit of JGB purchase amount after major policy shift
By Brigid Riley and Junko Fujita TOKYO (Reuters) - The Bank of Japan (BOJ) will scale back the maximum limit of its purchases of Japanese government bonds, it said on Tuesday, after ending its radical...
Mar 19, 2024
Exclusive-EU's Vestager warns about Apple, Meta fees, disparaging rival products
By Foo Yun Chee BRUSSELS (Reuters) - EU antitrust chief Margrethe Vestager on Tuesday warned Apple and Meta Platforms on their new fees for their services, saying that this may hinder users from enjoy...
Mar 19, 2024
Meta does not expect new Nvidia chips to arrive until at least next year
NEW YORK (Reuters) - Facebook owner Meta Platforms is not expecting to receive shipments of Nvidia's new flagship artificial intelligence chip this year, a Meta spokesperson told Reuters. Nvidia, the ...
Mar 19, 2024
Mexico central bank expected to cut key rate, 16 of 17 analysts predict
(Reuters) - Mexico's central bank is expected to cut its benchmark interest rate this week, according to a Reuters poll on Tuesday, which would mark the first rate cut since it began its monetary tigh...
Mar 19, 2024
US, allies urge South Sudan to ensure genuine elections
WASHINGTON (Reuters) - The United States, Britain and Norway on Tuesday called on South Sudan's leaders to take urgent steps to ensure genuine and peaceful elections in December. South Sudan has been ...
Mar 19, 2024
US approves possible Javelin missile sale to Morocco, Pentagon says
(Reuters) - The U.S. State Department has approved the possible sale of Javelin missiles and related equipment to Morocco for an estimated cost of $260 million, the Pentagon said on Tuesday. The prime...
Mar 19, 2024
Kering warns of 10% 1st-quarter revenue drop, led by Gucci
By Mimosa Spencer (Reuters) -Luxury goods group Kering warned on Tuesday that its first-quarter sales are likely to drop by around 10%, weighed down by star label Gucci, knocking back hopes that it ha...
Mar 19, 2024
Airbus changes tone in A220 worker talks after pressure tactics: union memo to members
MONTREAL (Reuters) - Airbus has changed its tone in bargaining with Montreal-area A220 jet assembly workers following the start of pressure tactics to slow production, according to a union memo to mem...
Mar 19, 2024
UNRWA chief should be able to visit operations in Gaza, US State Dept says
WASHINGTON (Reuters) - The U.N. Palestinian refugee agency (UNRWA) head Philippe Lazzarini and U.N. staff should be able to visit the agency's fields of operation, including in Gaza, State Department ...
Mar 19, 2024
