Author Archives: Syndicated Content
Instant View: Bank of England raises rates by most since 1995
LONDON (Reuters) - The Bank of England raised interest rates by the most in 27 years on Thursday, despite warning that a long recession is on its way, as it rushed to smother a rise in inflation which...
Aug 04, 2022
Gaza faces more power cuts as Israeli blockade enters third day
By Nidal al-Mughrabi GAZA (Reuters) - Gaza's sole power plant will have to shut down within 48 hours if a blockade imposed by Israel is not lifted, officials warned on Thursday, as border tensions sim...
Aug 04, 2022
Auto supplier Aptiv lowers outlook as China lockdowns, costs bite
(Reuters) -Auto parts supplier Aptiv Plc on Thursday cut its full-year profit and revenue forecast, as lockdowns in China took a bite out of quarterly results, while the industry continues to struggle...
Aug 04, 2022
TSX futures gain on strong earnings, commodity prices
(Reuters) - Canada's resource-heavy main stock index was set to open higher on Thursday, supported by a slew of robust earnings reports and firm oil and gold prices. September futures on the S&P/TSX i...
Aug 04, 2022
Kremlin calls for restraint from Azerbaijan, Armenia over Karabakh fighting
MOSCOW (Reuters) - The Kremlin on Thursday called for restraint from both sides after Azerbaijan said its forces had crushed an Armenian attack near the disputed enclave of Nagorno-Karabakh. The dispu...
Aug 04, 2022
-Paramount gets lift from ‘Top Gun’ but streaming losses a drag
(Reuters) -Paramount Global beat Wall Street expectations for quarterly revenue and profit on Thursday, powered by the May release of blockbuster Tom Cruise-starrer "Top Gun: Maverick" even as streami...
Aug 04, 2022
Kremlin says China has the right to hold military drills around Taiwan
MOSCOW (Reuters) - The Kremlin said on Thursday that China had the sovereign right to hold major military drills around Taiwan and accused the United States of artificially fuelling tensions in the re...
Aug 04, 2022
ConocoPhillips profit rises on strong crude prices
(Reuters) - U.S. oil producer ConocoPhillips reported a higher second-quarter profit on Thursday and raised its shareholder returns to $15 billion, boosted by surging energy prices after Russia's inva...
Aug 04, 2022
Softbank-backed giftback company CRM&Bonus buys social selling startup Zipper
By Tatiana Bautzer SAO PAULO (Reuters) - Softbank-backed Brazilian giftback company CRM&BONUS has acquired Zipper, a platform that creates systems for social media sales, for 25 million reais ($4.7 mi...
Aug 04, 2022
Bank of England raises rates by most since 1995 even as long recession looms
By William Schomberg and David Milliken LONDON, Aug 4 (Reuters) - The Bank of England raised interest rates by the most in 27 years on Thursday, despite warning that a long recession is on its way, as...
Aug 04, 2022
