Author Archives: Syndicated Content
General Mills raises annual forecast banking on price hikes, steady demand
(Reuters) - General Mills Inc on Tuesday raised its annual organic sales and profit forecast, betting on price hikes and strong demand for its popular snack bars and breakfast cereals amid a cost-of-l...
Feb 21, 2023
Meta appeals Kenyan court’s decision it can be sued in Kenya
NAIROBI (Reuters) - Facebook parent company Meta has filed an appeal in Kenya challenging a ruling that said the company could be sued in the East African country even though it has no official presen...
Feb 21, 2023
Exclusive-Caligan urges Anika Therapeutics to conduct strategic review, plans board challenge
By Svea Herbst-Bayliss NEW YORK (Reuters) - Caligan Partners is urging Anika Therapeutics to consider strategic alternatives including a full sale and is preparing to nominate directors to the biotech...
Feb 21, 2023
Tencent in talks with Meta to sell Quest VR headsets in China – sources
By Josh Ye HONG KONG (Reuters) - Tencent Holdings is in talks with Meta Platforms Inc to distribute its Meta Quest line of virtual reality headsets in China, three people familiar with the matter said...
Feb 21, 2023
Walmart cautious on economy, forecasts annual earnings below estimates
(Reuters) -Walmart Inc forecast full-year earnings below estimates on Tuesday, saying it was cautious about the economic outlook for 2023 and that consumers were likely to continue shopping for lower-...
Feb 21, 2023
Explainer-Why Germany doesn’t like the EU’s debt reform proposals
BERLIN (Reuters) - EU finance ministers started talks last week on adjusting the bloc's fiscal rules to the post-pandemic realities of high debt and significant investment needs, but some countries ar...
Feb 21, 2023
Rugby-Wales cancel team announcement amid strike threat ahead of England fixture
(Reuters) - Wales have cancelled their planned team announcement for this weekend's Six Nations fixture against England amid the threat of strike action from players over a dispute with the Profession...
Feb 21, 2023
Medtronic beats quarterly profit estimates on strong heart device sales
(Reuters) -Medical device maker Medtronic Plc on Tuesday beat quarterly profit estimates, helped by strong demand for its heart and diabetes devices, sending its shares up more than 2% before the open...
Feb 21, 2023
Three peacekeepers killed, five injured in Mali – U.N. mission
BAMAKO (Reuters) - Three United Nations peacekeepers were killed and five were seriously injured after their convoy hit an improvised explosive device in central Mali, the U.N. peacekeeping mission in...
Feb 21, 2023
Futures fall as Home Depot outlook disappoints
(Reuters) - U.S. stock index futures fell on Tuesday as fears that interest rates will remain higher for longer gripped traders returning from a long weekend, while disappointing results from Home Dep...
Feb 21, 2023
