Author Archives: Syndicated Content
Investor survey signals start of “policy capitulation” – BofA
MILAN (Reuters) - Investors raised cash levels further in October as sentiment towards the economic outlook remained close to max bearishness, the latest global fund manager survey (FMS) by BofA showe...
Oct 18, 2022
Hasbro quarterly profit slumps as price hikes dent demand
(Reuters) -Toymaker Hasbro Inc reported a 28% fall in third-quarter earnings on Tuesday as inflation-hit consumers were further discouraged by price hikes. Earlier in October, Hasbro cut its fiscal 20...
Oct 18, 2022
Temasek-backed Vertex set to raise nearly $500 million for new China-focused fund
BEIJING/HONG KONG (Reuters) - Venture capital firm Vertex Ventures, backed by Singapore state investor Temasek, is set to raise nearly $500 million for a new fund that will invest in efforts to step u...
Oct 18, 2022
Lebanon says Israeli gunboat violated its waters, Israel denies it
(Reuters) -The Lebanese army said on Tuesday that an Israeli gunboat had violated Lebanese territorial waters on Monday morning, an allegation denied by Israel in the second such dispute this week as ...
Oct 18, 2022
Global sport climbing body monitoring Iranian athlete
DUBAI (Reuters) - The International Federation of Sport Climbing (IFSC) said on Tuesday that they were monitoring the case of Iranian rock climber Elnaz Rekabi who was on her way home after apparently...
Oct 18, 2022
Johnson & Johnson beats sales estimates on pharma strength
(Reuters) - Johnson & Johnson on Tuesday beat analysts' estimates for third-quarter sales, helped by strong demand for its cancer drug Darzalex and Crohn's disease drug Stelara. The healthcare conglom...
Oct 18, 2022
France: keen that Renault keeps industrial and technological advantages in Nissan alliance
PARIS (Reuters) - French Finance Minister Bruno Le Maire said he would hold further talks with Renault chief executive Luca de Meo regarding Renault's alliance with Nissan and that France was keen for...
Oct 18, 2022
Mobileye targets up to $16 billion valuation in U.S. IPO
(Reuters) - Mobileye, Intel's self-driving car unit, targets a valuation of nearly $16 billion in its initial public offering in the United States, a regulatory filing on Tuesday showed. (Reporting by...
Oct 18, 2022
Frustrated Nigerians ‘flee’ abroad in punishing pre-election brain drain
By Libby George and Angela Ukomadu LAGOS (Reuters) - Nnamdi Nwaogu, a 44-year-old IT worker, has packed his bags. In Lagos, Nigeria's frenetic commercial capital, galloping inflation and a plunging na...
Oct 18, 2022
Soccer-Qatar Airways pulls out of 18 destinations to make space at Hamad airport
DOHA (Reuters) - Qatar Airways has dropped 18 destinations from its schedule in order to make space at Hamad International Airport for airlines carrying fans to next month's soccer World Cup, the comp...
Oct 18, 2022
