Author Archives: Syndicated Content
Indian government’s e-commerce network ONDC expands into 236 cities, CEO says
By Manoj Kumar NEW DELHI (Reuters) - The Indian government's open e-commerce network ONDC has expanded its operations into 236 cities in the country while adding more than 36,000 merchants, a senior c...
May 11, 2023
Soccer-Lopetegui demands meeting with Wolves chairman to address summer rebuild
(Reuters) - Wolverhampton Wanderers manager Julen Lopetegui said he would need a "long meeting" with the club's chairman to discuss plans for the close season transfer window after the Spanish manager...
May 11, 2023
U.S. FDIC targets banks with uninsured deposits to pay new fee to reimburse insurance fund
By Pete Schroeder (Reuters) -Around 113 of the country's largest lenders will bear the cost of replenishing the $16 billion hit to the U.S. Federal Deposit Insurance Corporation's (FDIC) deposit insur...
May 11, 2023
Activist investor Elliott recommends 5 directors to Goodyear board
(Reuters) - Elliott Investment Management L.P. on Thursday sent a letter to Goodyear Rubber & Tire Co recommending five directors for appointment to its board, sending the tire maker's shares up 16.2%...
May 11, 2023
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
