Author Archives: Syndicated Content
Russian mercenaries threaten to quit Ukrainian city as counteroffensive nears
By Felix Light and Caleb Davis (Reuters) - Russia's main mercenary group threatened on Friday pull out of the eastern Ukrainian city of Bakhmut in a new sign of tension among Russian armed forces as U...
May 05, 2023
Global equity funds see biggest weekly outflow in five weeks
(Reuters) - Global equity funds suffered massive outflows in the week to May 3, hit by weak economic data and worries over a recession as investors were fretted about the likelihood of interest rates ...
May 05, 2023
Lyft irks Wall Street with margin sacrifice in race with Uber
By Aditya Soni (Reuters) - Lyft Inc shares tumbled 17% in premarket trading on Friday as the ride-hailing company's strategy to claw back market share from rival Uber with lower fares stoked concerns ...
May 05, 2023
Used-car retailer Carvana’s shares soar on upbeat second-quarter forecast
By Kannaki Deka (Reuters) - Shares of Carvana Co rose 33% before the bell on Friday after the online used-car retailer forecast a surprise core profit for the second quarter, offering some relief to i...
May 05, 2023
Pope tells abuse commission to move on, after acrimonious resignation
By Philip Pullella VATICAN CITY (Reuters) - Pope Francis on Friday praised the work of an international Vatican commission on sexual abuse prevention, following the recent acrimonious resignation of a...
May 05, 2023
World leaders gather in London for King Charles’ coronation
By Michael Holden LONDON (Reuters) - King Charles will hold a reception on Friday for world leaders gathered in London for his coronation this weekend, the biggest ceremonial event to be staged in Bri...
May 05, 2023
Warner Bros Discovery streaming business turns a profit
(Reuters) - Warner Bros Discovery Inc said on Friday its streaming business turned a profit in the first quarter, a milestone for a division that had been losing money in its bid to gain subscribers a...
May 05, 2023
Kenyan president sets up inquiry into cult deaths
NAIROBI (Reuters) - Kenyan President William Ruto has appointed a commission of inquiry into the deaths of more than 100 people believed to have been members of a cult whose leader ordered them to sta...
May 05, 2023
Chinese courier giant SF aims to raise up to $3 billion in Hong Kong listing – sources
By Julie Zhu and Scott Murdoch HONG KONG/SYDNEY (Reuters) - China's largest express delivery company SF Holding Co Ltd plans to raise up to $3 billion in a second listing in Hong Kong as soon as later...
May 05, 2023
Italian bank Intesa raises profit target after beating forecasts
By Valentina Za MILAN (Reuters) -Intesa Sanpaolo, Italy's biggest bank, raised its 2023 profit goal on Friday after first-quarter net income nearly doubled thanks to higher interest rates and shrinkin...
May 05, 2023
