Author Archives: Syndicated Content
Walmart’s long-lasting challenge: luring budget shoppers back to its stores
By Arriana McLymore and Siddharth Cavale (Reuters) - Walmart Inc could face an uphill battle to reclaim U.S. shoppers who opted for the neighborhood dollar store or Aldi rather than driving farther to...
Aug 11, 2022
Ex-cop could get eight years in prison for role in storming U.S. Capitol
By Sarah N. Lynch WASHINGTON(Reuters) - A former Virginia police sergeant who joined Donald Trump's supporters in storming the Capitol on Jan. 6, 2021, could be sentenced to up to eight years in priso...
Aug 11, 2022
Analysis: Antitrust rules, Petro-Canada profits may hinder Suncor from selling unit
By Divya Rajagopal and Rod Nickel TORONTO (Reuters) - Suncor Energy could reap over $8 billion and boost returns to unhappy shareholders if it sells its Petro-Canada gas station business, but Canadian...
Aug 11, 2022
After deluge, climate change fears make S.Korea prioritise Seoul flood defences
By Heejung Jung and Soo-hyang Choi SEOUL (Reuters) - The heaviest rain in Seoul in 115 years has spurred the South Korean capital to revive a $1.15 billion plan to improve drainage after floods expose...
Aug 11, 2022
Analysis: Is Netflix envy over in Hollywood? Not quite
By Dawn Chmielewski and Lisa Richwine (Reuters) - Over an earnings period that appeared to signal the end of Netflix envy, Walt Disney Co restored hopes that growth in the streaming business will cont...
Aug 11, 2022
‘Count on us’: Scholz promises new package to help Germans with energy bills
BERLIN (Reuters) - German Chancellor Olaf Scholz on Thursday promised a new package of measures, including tax relief, to help people struggling with rising energy bills as a result of a gas standoff ...
Aug 11, 2022
Global container fleet to grow more than demand – Hapag-Lloyd CEO
FRANKFURT (Reuters) - Global growth in container fleets through new orders and building activity will outstrip shipping demand from next year and ease current market tightness, the chief executive of ...
Aug 11, 2022
Bank of England says weakening regulators would undermine market reforms
LONDON (Reuters) -Weakening the independence of regulators would undermine reforms to bolster Britain's finance industry, the head of the Bank of England said on Thursday, in a rebuff to proposals fro...
Aug 11, 2022
Former deputy GM of China Electronics Corp under investigation – anti-graft watchdog
SHANGHAI (Reuters) - The former deputy general manager of Chinese state-backed tech giant China Electronics Corporation Holdings Co Ltd Xiang Zihong has been placed under investigation for a suspected...
Aug 11, 2022
Ping An sees HSBC overstating spin-off challenges – source
HONG KONG (Reuters) - Chinese insurer Ping An Insurance Group believes HSBC has overstated the challenges and difficulties of spinning off the bank, according to a source with direct knowledge of the ...
Aug 11, 2022
