Author Archives: Syndicated Content
Toronto stock market seen up but slowdown in China could crimp gains: Reuters poll
By Fergal Smith TORONTO (Reuters) - Canada's main stock index will rally less than previously expected in 2023 as higher borrowing costs cool the domestic economy and signs China's recovery is slowing...
May 24, 2023
Kohl’s maintains full-year forecasts after Q1 sales miss
(Reuters) -Kohl's Corp maintained its full-year profit and operating margin forecasts even as it missed quarterly sales estimates on Wednesday, sending the department store chain's shares up 10% in pr...
May 24, 2023
Exclusive-Asia-focused HSBC puts 12 countries on exit watchlist
By Lawrence White LONDON (Reuters) - HSBC is reviewing a possible exit from as many as 1 in 5 of the countries the lender operates in to sharpen its focus on Asian expansion, Chief Financial Officer G...
May 24, 2023
Islamic scholar Tariq Ramadan acquitted in Swiss rape trial -court
GENEVA (Reuters) - Swiss academic and Islamic scholar Tariq Ramadan has been acquitted of charges of rape and sexual coercion against a woman, under a Geneva court ruling announced on Wednesday. The c...
May 24, 2023
African GDP growth to edge up in 2023 despite South Africa slide -AfDB
By Rachel Savage JOHANNESBURG (Reuters) -Africa's economic growth is set to edge upwards in 2023 and 2024 amid tighter global monetary policy and the fallout from Russia's invasion of Ukraine, but Sou...
May 24, 2023
Shanghai invites GM to boost investment, R&D in city
SHANGHAI/BEIJING (Reuters) -Shanghai has invited General Motors to boost investment and research and development in the city, the city government said on Wednesday. Shanghai looked forward to General ...
May 24, 2023
UBS will have ‘incredibly high bar’ on Credit Suisse staff it takes on – chairman
(Reuters) - UBS will have an "incredibly high bar" on investment banking staff it takes on from Credit Suisse following the merger, UBS Chairman Colm Kelleher said on Wednesday. Kelleher told a WSJ ev...
May 24, 2023
UK students seek go-ahead for lawsuit over COVID, strikes disruption
By Sam Tobin LONDON (Reuters) - Thousands of university students asked London's High Court on Wednesday to give the go-ahead to a mass lawsuit against University College London (UCL) over disruption t...
May 24, 2023
Chinese snap up lottery tickets amid economic gloom
BEIJING (Reuters) - April sales of Chinese lottery tickets jumped to their highest in a decade, data showed on Wednesday, with economists saying young people in particular were keener to try their luc...
May 24, 2023
IMF’s Georgieva confident US will not default on debt
By Andrew Mills DOHA (Reuters) - The managing director of the International Monetary Fund (IMF) Kristalina Georgieva said on Wednesday she was confident the United States would avoid a debt default. T...
May 24, 2023
