Author Archives: Syndicated Content
Telecom Italia CEO says service business can stand on own two feet
MILAN (Reuters) - The head of Telecom Italia (TIM) said the company's service business is "already sustainable" as a standalone entity and is expected to generate strong core profit this year. Chief E...
May 11, 2023
US producer prices increase moderately in April
WASHINGTON (Reuters) - U.S. producer prices rebounded modestly in April, leading to the smallest annual increase in producer inflation in more than two years, further evidence that inflation pressures...
May 11, 2023
Peloton recalls two million exercise bikes – US CPSC
(Reuters) - Peloton Interactive Inc has recalled two million exercise bikes due to possible breakage of the seat post during use that could lead to injuries, the U.S. Consumer Product Safety Commissio...
May 11, 2023
Traders see Fed on track to pause after jump in jobless claims
SAN FRANCISCO (Reuters) - A jump in jobless claims reported Thursday wiped out any lingering trader expectations that the Federal Reserve will raise interest rates again in June and fueled expectation...
May 11, 2023
In southern Israel, Gaza rockets destroy woman’s home for the second time
By Emily Rose ASHKELON, Israel (Reuters) - Miriam Karen's home in Ashkelon was hit by Palestinian rockets for the second time in five years this week, during cross-border barrages from Gaza that remai...
May 11, 2023
Sonos shares crash as forecast fails to strike a chord
(Reuters) - Sonos Inc was set to shed more than a fifth of its market valuation on Thursday after a revenue forecast cut fueled worries that consumers were dialing down purchases of its premium speake...
May 11, 2023
Eastern EU states call on bloc to amend, extend Ukrainian food import ban – PAP
WARSAW (Reuters) - The agriculture ministers of five states in the east of the European Union called on the bloc to modify and extend regulations restricting the import of Ukrainian agricultural produ...
May 11, 2023
G7 not seeking to forge anti-China alliance: German source
BERLIN (Reuters) - The Group of Seven (G7) summit in Japan next week is not seeking to forge an alliance against China, though there is debate on implementing targeted controls on investments to the A...
May 11, 2023
Volkswagen CFO: Next-generation software platform to come towards 2027, 2028
BERLIN (Reuters) - Volkswagen software unit Cariad will likely bring its next generation 2.0 platform to market towards 2027 or 2028, its chief financial officer said at a Financial Times conference o...
May 11, 2023
JPMorgan CEO Jamie Dimon says bank is preparing ‘war room’ on debt ceiling
NEW YORK (Reuters) - JPMorgan Chase & CO CEO Jamie Dimon said on Thursday bank staff are meeting weekly to discuss the potential implications for clients, contracts and markets of a potential U.S. def...
May 11, 2023
