Author Archives: Syndicated Content
Kontoor to sell Lee denim brand to Authentic Brands in up to $1 billion deal
May 21 (Reuters) - Kontoor Brands said on Thursday it had agreed to sell its Lee denim brand for up to $1 billion to Authentic Brands Group, as the apparel maker streamlines its operations and focuses...
Thomson Reuters 15h ago
Regulators question StanChart following CEO Winters' AI comments amid job cuts, Bloomberg News reports
May 21 (Reuters) - Hong Kong and Singapore regulators have sought clarity from Standard Chartered after CEO Bill Winters said the global lender plans to replace "lower-value human capital" with techno...
Thomson Reuters 15h ago
Kremlin dismisses report that China covertly trained Russian soldiers for Ukraine
MOSCOW, May 21 (Reuters) - The Kremlin on Thursday dismissed as false a Reuters report that China's army secretly trained about 200 Russian soldiers in China late last year, some of whom went on to fi...
Thomson Reuters 15h ago
Walmart sticks to annual targets as fuel shock dents American spending
By Juveria Tabassum and Nicholas P. Brown May 21 (Reuters) - Walmart stuck to its conservative annual sales and profit targets on Thursday, as rising fuel costs drive valueseeking shoppers to its low-...
Thomson Reuters 15h ago
Building collapse kills at least 4 people in Morocco's Fez, state media
(Corrects day in paragraph 1 to Thursday, not Wednesday) RABAT, May 21 (Reuters) - At least four people were killed and six others injured when a four-storey building collapsed overnight in the Morocc...
Thomson Reuters 15h ago
Factbox-IPO-bound SpaceX's board is stacked with Musk empire loyalists
May 21 (Reuters) - SpaceX's IPO filing reveals a board deeply embedded in Elon Musk's broader business network, with directors tied to Tesla, Google, PayPal and venture firms that have financed multip...
Thomson Reuters 15h ago
Fishing boats worldwide tuck dockside as diesel prices surge on Iran war
By Lauren Owens Lambert and Leah Douglas KENNEBUNK, Maine, May 21 (Reuters) - Captain Chris Welch of Kennebunk, Maine, is catching fewer lobsters this spring because spiking diesel prices have made it...
Thomson Reuters 15h ago
Cyprus vote tests establishment as corruption drives support for newcomers
By Michele Kambas and Yiannis Kourtoglou NICOSIA, May 21 (Reuters) - Cyprus votes on Sunday in parliamentary elections which could reshape the island's political landscape, as frustration over corrupt...
Thomson Reuters 15h ago
Anthropic to open Milan office, expanding push into Europe
ROME, May 21 (Reuters) - U.S. AI startup Anthropic will open an office in Milan this month, expanding further into Europe after opening offices in Paris and Munich late last year on growing demand for...
Thomson Reuters 15h ago
Morning Bid: Shrug for Nvidia but IPOs excite
By Mike Dolan May 21 (Reuters) - What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets Nvidia appeared to ring all the bells once again in its latest earnin...
Thomson Reuters 16h ago
Thu May 21
Coldwater, MI, USA
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