Author Archives: Syndicated Content
Louis Camilleri, Ferrari CEO and Philip Morris chairman, retires from both roles
(Reuters) - Louis Camilleri, chief executive officer or Ferrari N.V. and executive chairman of tobacco giant Philip Morris International Inc is retiring from his roles at both companies effective imme...
Dec 10, 2020
Probe of Biden’s son places new scrutiny on U.S. attorney general pick
By Jarrett Renshaw and James Oliphant WASHINGTON (Reuters) - A newly revealed federal criminal probe into the business dealings of Joe Biden's son Hunter will complicate the president-elect's selectio...
Dec 10, 2020
Mexico same-store retail sales rise 2.6% y/y in November
MEXICO CITY (Reuters) - The members of Mexican retailers' association ANTAD said on Thursday that same-store sales rose by 2.6% in November versus the same month a year earlier. The figures reflect sa...
Dec 10, 2020
U.S. stock funds shed $7.7 billion, ending four-week inflow streak -Lipper
NEW YORK (Reuters) - U.S.-based equity funds posted a $7.7 billion net outflow in the latest week, ending a four-week streak of inflows, according to Lipper. Taxable bond funds attracted $5.4 billion ...
Dec 10, 2020
Broadcom names Kirsten Spears as CFO
(Reuters) -Broadcom Inc on Thursday appointed its principal accounting officer, Kirsten Spears, as chief financial officer, effective immediately. Spears replaced Tom Krause, who has been named as pre...
Dec 10, 2020
Costco’s revenue beats on strong food demand during pandemic
(Reuters) -Membership-only retail chain Costco Wholesale Corp beat market estimates for first-quarter revenue on Thursday as pandemic-wary consumers staying at home bought more frozen foods, liquor an...
Dec 10, 2020
Lululemon beats revenue estimates on home workout wear demand
(Reuters) -Lululemon Athletica Inc beat quarterly revenue estimates on Thursday, as customers spent more on yoga pants and athleisure apparel for home workouts during the COVID-19 pandemic. Robust dem...
Dec 10, 2020
Brazil coronavirus new cases jump by 53,347, death toll nudges 180,000 – health ministry
BRASILIA (Reuters) - Brazil reported 53,347 additional confirmed cases of the novel coronavirus in the past 24 hours and 770 deaths from COVID-19, the Health Ministry said on Thursday. The South Ameri...
Dec 10, 2020
Oracle beats quarterly profit estimates on cloud services boost
(Reuters) - Oracle Corp beat Wall Street estimates for second-quarter profit and revenue on Thursday, as remote work trends boosted cloud product and software licensing sales. The company beefed up it...
Dec 10, 2020
Hyundai Motor Group introduces dedicated fuel cell brand
DETROIT (Reuters) - South Korean automaker Hyundai Motor Group on Thursday said it is launching a brand dedicated to its hydrogen fuel cell system in a move meant to boost that business. Hyundai Motor...
Dec 10, 2020
