Author Archives: Syndicated Content
Walmart sets aside supply chain woes to lift sales, profit forecasts
(Reuters) -Walmart Inc on Tuesday raised its annual sales and profit forecast in anticipation of soaring demand during the crucial holiday season even as global supply chain woes hit its margins in th...
Nov 16, 2021
Net-zero pledges, improved metrics to put pressure on coal power, say investors
By Ross Kerber and Richa Naidu BOSTON / CHICAGO (Reuters) - Ambitions to wind down the world's coal use are likely to be accelerated by corporate net-zero pledges and better ways of measuring where fa...
Nov 16, 2021
Report says drugmakers impose unjustified U.S. price increases; spending on AbbVie drug rises $1.4 billion
By Ahmed Aboulenein WASHINGTON (Reuters) - Drugmakers hiked U.S. prices on seven of the 10 costliest prescription drugs in 2020 without justification, increasing drug spending by $1.67 billion, a U.S....
Nov 16, 2021
Goldman Sachs forecasts modest rise for S&P 500 index in 2022
(Reuters) - Goldman Sachs expects the S&P 500 index to rise by a more modest 9% by the end of next year, saying the record-setting rally is likely to cool on worries over slowing economic growth and t...
Nov 16, 2021
NATO restates support for Poland over Belarus migrant crisis
BRUSSELS (Reuters) - NATO Secretary-General Jens Stoltenberg said on Tuesday that the alliance was deeply concerned about Belarusian President Alexander Lukashenko's strategy of putting migrant lives ...
Nov 16, 2021
Armenia asks Russia to help defend it against Azerbaijan amid border clash – TASS
MOSCOW (Reuters) - Armenia on Tuesday asked Russia to help defend its territorial sovereignty against Azerbaijan and said a heavy border clash between Azeri and Armenian forces was underway, Russia's ...
Nov 16, 2021
Croatia’s eurosceptics fail in bid on referendum to block euro
ZAGREB (Reuters) - Croatia's right-wing eurosceptic Hrvatski Suverenisti party acknowledged on Tuesday it had failed in an initiative to force a referendum to block the planned adoption of the euro cu...
Nov 16, 2021
Pfizer to allow generic versions of its COVID-19 pill in 95 countries
By Michael Erman and Emma Farge (Reuters) - Pfizer Inc said on Tuesday it will allow generic manufacturers to supply its experimental antiviral COVID-19 pill to 95 low- and middle-income countries thr...
Nov 16, 2021
Metaverse: a $50 billion revenue opportunity for luxury – MS
MILAN (Reuters) - Digital demand for fashion and luxury brands is expected to grow from current low levels and result in extra sales for the industry that could reach $50 billion by 2030, according to...
Nov 16, 2021
Britain’s defence minister visits Ukraine as concern over Russian troop movements persists
KYIV (Reuters) - Britain's defence minister Ben Wallace met senior Ukrainian officials on a visit to Kyiv on Tuesday, a show of support at a time when Ukraine and NATO countries have expressed concern...
Nov 16, 2021
