Author Archives: Syndicated Content
Chipmaker Analog Devices forecasts weak third-quarter results, shares fall
(Reuters) - Analog Devices Inc said on Wednesday that a turbulent economy would weigh on its third-quarter results, sending the chipmaker's shares down more than 5% in premarket trading. The company f...
May 24, 2023
Analysis-EU power battle risks denting planned safeguards for financial products
By Huw Jones LONDON (Reuters) - European Union plans to increase protections for consumers of financial services are reigniting a long-simmering power battle between national and EU regulators that co...
May 24, 2023
EU willing to consider changes to Italy reform plan, but Rome must be quick
BRUSSELS (Reuters) - The EU Commission said on Wednesday it was prepared to consider changes to a plan of reforms agreed with Italy, but any new proposals must be made as soon as possible for Rome to ...
May 24, 2023
Facebook owner Meta starts final round of layoffs
By Katie Paul NEW YORK (Reuters) -Meta Platforms Inc started carrying out the last batch of a three-part round of layoffs on Wednesday, according to a source familiar with the matter, as part of a pla...
May 24, 2023
Nigeria GDP growth slows ahead of interest rate announcement
By Chijioke Ohuocha ABUJA (Reuters) - Nigeria's annual economic growth rate slowed to 2.3% in the first quarter, data showed on Wednesday, hurt by a government plan to swap old banknotes for newly des...
May 24, 2023
Brazil’s Petrobras to appeal decision blocking drilling at Amazon mouth
SAO PAULO (Reuters) - Brazilian state-run oil company Petrobras said on Wednesday it will file this week an appeal against environmental agency Ibama's decision of blocking it from drilling a well at ...
May 24, 2023
EU sets out plans to cut the price of financial products
By Huw Jones LONDON (Reuters) - The European Union set out plans on Wednesday to cut how much retail investors pay banks and insurers for financial products to encourage investment and make its capita...
May 24, 2023
Russia: U.S. equipment used in border raid shows growing Western role in Ukraine
By Andrew Osborn (Reuters) - The Kremlin said on Wednesday the use of U.S.-made military hardware by pro-Ukrainian fighters who conducted a raid on a Russian border region this week was testament to t...
May 24, 2023
No blanket spending cuts in 2024 budget, says German Finance Minister
BERLIN (Reuters) - There will be no blanket spending cuts in the 2024 budget, German Finance Minister Christian Lindner said on Wednesday. "We want to present plans for the budget soon," Lindner said ...
May 24, 2023
Soccer-Southampton will not renew Selles’s contract
(Reuters) -Southampton interim coach Ruben Selles will not have his contract renewed at the end of the season, the Premier League club said on Wednesday after their relegation from the English top-fli...
May 24, 2023
