Author Archives: Syndicated Content
Exclusive-Hedge fund Ancora seeks ouster of Kohl’s CEO, chairman
By Svea Herbst-Bayliss (Reuters) - Ancora Holdings, one of the hedge funds that spearheaded a board shake-up last year at Kohl's Corp, is now pushing for the removal of the U.S. retailer's chief execu...
Sep 22, 2022
Sri Lanka president holds talks with foreign diplomats on debt restructuring and IMF programme
NEW DELHI (Reuters) - Sri Lanka's President Ranil Wickremesinghe held talks with foreign diplomats on debt restructuring and the International Monetary Fund programme, the island nation's government s...
Sep 22, 2022
Man United reinstates forecast after quarterly loss narrows
(Reuters) - Manchester United reinstated its financial forecast for 2023 on Thursday, expecting to report higher annual core profit despite the Premier League club failing to qualify for this season's...
Sep 22, 2022
Factbox-Sri Lanka set to begin talks to restructure debt of $30 billion
By Uditha Jayasinghe COLOMBO (Reuters) - Crisis-hit Sri Lanka will begin on Friday the tricky task of debt renegotiation with a raft of private and bilateral creditors, including China, India and Japa...
Sep 22, 2022
Rouble hits 1-month high versus euro as Russian markets recover ground
LONDON (Reuters) - The Russian rouble strengthened to a one-month high against the euro on Thursday and firmed past 60 to the dollar as Russian markets recovered ground lost after the Kremlin ordered ...
Sep 22, 2022
Bank of England raises rates to 2.25%, despite likely recession
LONDON (Reuters) -The Bank of England raised its key interest rate to 2.25% from 1.75% on Thursday and said it would continue to "respond forcefully, as necessary" to inflation, despite the economy en...
Sep 22, 2022
Marketmind: BoJ intervention and rate hikes, say no more
A look at the day ahead in U.S. and global markets from Dhara Ranasinghe. What a 24 hours it's been in financial markets. Let's start with Japan -- just hours after confirming an ultra-loose monetary ...
Sep 22, 2022
Accenture forecasts revenue below estimates on IT spending cut, higher dollar
(Reuters) -IT services firm Accenture Plc forecast first-quarter revenue below expectations on Thursday, weighed down by IT spending cuts amid high inflation and impact from a stronger dollar. Foreign...
Sep 22, 2022
Soccer-Hoffenheim website will not cover World Cup over human rights issues
BERLIN (Reuters) - Bundesliga club Hoffenheim's media department will not run any stories on the World Cup in Qatar due to the country's record on human rights violations, it said on Thursday. Qatar, ...
Sep 22, 2022
Spain plans temporary tax on big fortunes for two years from 2023
MADRID (Reuters) - The Spanish government wants to slap a tax on the wealthiest 1% of Spaniards for two years from 2023 as a way to complement planned taxes on energy companies and banks amid soaring ...
Sep 22, 2022
