Author Archives: Syndicated Content
Walmart profit warning hammers retail stocks
(Reuters) - U.S. retailers tumbled on Tuesday after a forecast cut from industry bellwether Walmart Inc stoked fears of similar warnings from a sector struggling with the impact of high inflation on c...
Jul 26, 2022
VW begins U.S. production of EV compact SUV in Tennessee
(Reuters) - Volkswagen AG said Tuesday it has begun U.S assembly of its electric compact SUV ID.4 at its plant in Chattanooga, Tennessee. The German automaker said it plans to deliver ID.4 SUVs produc...
Jul 26, 2022
Kremlin: Nord Stream 1 turbine not arrived yet, a second has defects
MOSCOW (Reuters) - The Kremlin said on Tuesday that a repaired gas turbine for Nord Stream 1, Russia's biggest gas pipeline to Europe, had not yet arrived after maintenance in Canada and that a second...
Jul 26, 2022
Futures fall after Walmart warning spooks retail stocks
(Reuters) - U.S. stock index futures fell on Tuesday after Walmart's profit warning rippled through the retail sector and heightened fears that consumers were cutting back on discretionary spending in...
Jul 26, 2022
China appoints new head of Center for Disease Control and Prevention
BEIJING (Reuters) - China has appointed Shen Hongbing as the new head of the Chinese Center For Disease Control and Prevention, replacing Gao Fu who retired, the CDC said in a statement on Tuesday. (R...
Jul 26, 2022
Virgin Money enters buy now pay later market
LONDON (Reuters) - Virgin Money will enter the fast-growing 'buy now pay later' market, the British bank said on Tuesday, joining other mainstream lenders pushing into the lucrative but sometimes cont...
Jul 26, 2022
U.S. disapproval of China’s grain stockpiling full of irony -Braun
By Karen Braun NAPERVILLE, Ill. (Reuters) -Rocky trade relations between the United States and China have recently taken a back seat to the conflict between major grain exporters Ukraine and Russia, b...
Jul 26, 2022
EV firm Faraday Future drops after flagging need for funding
(Reuters) - Faraday Future Intelligent Electric Inc's shares fell more than 7% in premarket trading on Tuesday after the electric-vehicle maker flagged the need for more cash to launch its FF91 luxury...
Jul 26, 2022
Russia’s defence ministry: grain coordination centre launched in Istanbul
(Reuters) - The Joint Coordination Centre (JCC), established as part of a landmark deal to resume grain exports from Ukraine, has started work in Istanbul, Russia's defence ministry said on Tuesday Th...
Jul 26, 2022
Russia fines Google $34 million for breaching competition rules
(Reuters) - Russia's competition watchdog fined Alphabet's Google 2 billion roubles ($34.2 million) on Tuesday for abusing its dominant position in the video hosting market, the regulator said in a st...
Jul 26, 2022
