Author Archives: Syndicated Content
Shopify to cut 20% of its workforce, beats quarterly revenue estimates
(Reuters) -Canada's Shopify Inc said on Thursday it would cut 20% of its workforce, marking the Canadian e-commerce company's second round of mass layoffs. The company also beat Wall Street estimates ...
May 04, 2023
Adviser to Italy’s Treasury tables proposal for windfall tax on banks
By Giuseppe Fonte ROME (Reuters) - Italy should introduce a tax on banks to claw back extra profits made on the back of rising interest rates that have not been passed on to consumers, an adviser to t...
May 04, 2023
Blackstone mulls sale of Dutch bank NIBC –sources
By Pablo Mayo Cerqueiro, Amy-Jo Crowley and Andres Gonzalez LONDON (Reuters) - U.S. buyout house Blackstone is weighing options for Dutch merchant bank NIBC, including a possible sale, people familiar...
May 04, 2023
Denmark proposes spending extra $5.7 billion for armed forces over 10 years
COPENHAGEN (Reuters) - Denmark's government on Thursday proposed allocating an extra 38 billion Danish crowns ($5.65 billion) over the coming 10 years to upgrade its armed forces and to cope with a ba...
May 04, 2023
Militants in Pakistan kill six soldiers near Afghan border
PESHAWAR, Pakistan (Reuters) -Militants killed six Pakistani soldiers in an exchange of fire in a northwestern tribal district bordering Afghanistan, the army said on Thursday. No militant group immed...
May 04, 2023
Moscow says US behind Kremlin drone attack, Russian forces target Kyiv
By Pavel Polityuk KYIV (Reuters) - Russia said on Thursday that the United States was behind what it says was a drone attack on the Kremlin that aimed to kill President Vladimir Putin, while Moscow's ...
May 04, 2023
Regeneron beats quarterly profit estimates
(Corrects headline, first paragraph to remove reference to Eylea) (Reuters) -Regeneron Pharmaceuticals Inc beat Wall Street estimates for first-quarter profit on Thursday, driven by strong demand for ...
May 04, 2023
China’s top financial data provider restricts offshore access due to new rules-sources
By Julie Zhu and Xie Yu HONG KONG (Reuters) - China's biggest financial data provider Wind Information Co told some customers late last year that it was restricting offshore users from accessing certa...
May 04, 2023
Moderna beats COVID vaccine sales expectations as deferred revenue rolls in
By Patrick Wingrove and Leroy Leo (Reuters) -Moderna Inc on Thursday reported stronger-than-expected sales of $1.9 billion for its COVID-19 vaccine in the first quarter, driven by a surge of revenue d...
May 04, 2023
Canadian lender TD calls off $13.4 billion deal to buy First Horizon Bank
(Reuters) -Canadian lender Toronto-Dominion Bank Group has called off its deal to acquire First Horizon Corp for $13.4 billion on Thursday, sending the U.S. bank's shares down 44.5% in premarket tradi...
May 04, 2023
