Author Archives: Syndicated Content
Elon Musk to unveil Tesla’s ‘Master Plan 3’ at first investor day
(Reuters) - Tesla Inc Chief Executive Elon Musk will reveal the third part of the electric vehicle (EV) maker's "Master Plan" when the company holds its first investor day on March 1. Musk's Master Pl...
Feb 08, 2023
Americanas accounting scandal was a ‘fraud,’ says CEO of Brazil’s Itau
SAO PAULO (Reuters) - The chief executive of Brazil's biggest private lender Itau Unibanco said on Wednesday that the accounting inconsistencies that led retailer Americanas SA to request bankruptcy p...
Feb 08, 2023
Multi-manager hedge funds offer big returns but at high cost
By Nell Mackenzie and Carolina Mandl LONDON (Reuters) - Multi-manager hedge funds charge expense fees about triple the size of traditional peers, a Barclays note to clients shows, in a sign of just ho...
Feb 08, 2023
Fox Corp boosts share repurchase kitty by $3 billion
(Reuters) -Broadcaster Fox Corp said on Wednesday it would buy back $3 billion worth of additional shares, taking the total authorization to $7 billion. The repurchase covers class A and class B commo...
Feb 08, 2023
Nearly 300,000 displaced by Syria quake – state media
BEIRUT (Reuters) - More than 298,000 people have been forced to leave their homes due to this week's deadly earthquake, Syrian state media reported, in an apparent reference to the parts of Syria unde...
Feb 08, 2023
Indian households’ inflation expectations moderating – RBI’s Jan survey
MUMBAI (Reuters) - Indian household's inflation expectations for the current period moderated by 20 basis points to 9.6%, while consumer confidence improved further, the results of the Reserve Bank of...
Feb 08, 2023
Factbox-Nigeria’s plan to ditch old banknotes
By MacDonald Dzirutwe LAGOS (Reuters) - Nigeria's Supreme Court on Wednesday restrained the government, through the central bank, from ending the legal tender status of old banknotes on Friday followi...
Feb 08, 2023
Big Oil doubles profits in blockbuster 2022
By Ron Bousso LONDON (Reuters) - Big Oil more than doubled its profits in 2022 to $219 billion, smashing previous records in a year of volatile energy prices where Russia's invasion of Ukraine reshape...
Feb 08, 2023
Two lessors file applications to cancel Garuda Indonesia restructuring deal – court
JAKARTA (Reuters) - Two lessors have filed applications in a Jakarta court in a bid to cancel flag carrier Garuda Indonesia's restructuring deal, a court website showed. Garuda reached an agreement wi...
Feb 08, 2023
Activision aims to help UK regulator ‘better understand our industry’
LONDON (Reuters) - "Call of Duty" maker Activision Blizzard said on Wednesday it hoped it could help Britain's competition regulator better understand the gaming industry after it said the acquisition...
Feb 08, 2023
