ECB’s Guindos Says Wages, Margins Pose Upside Inflation Risk
European Central Bank Vice President Luis de Guindos said upside dangers to inflation stem from rising wages and
2023-05-25 18:57
Goldman Says US Mutual Funds Suffer From Big Tech Aversion
A reluctance by US mutual funds to invest in big tech stocks, which have staged a ferocious rally
2023-05-25 18:49
Bill Ackman Says Icahn ‘Somewhat’ Like Archegos as Stock Plunges Anew
Bill Ackman said Hindenburg Research has “outed” the way billionaire Carl Icahn runs his publicly traded company and
2023-05-25 18:29
Armani sales up 18% in Q1 as Asia rebounds, U.S. slows down
MILAN Italy's Armani said on Thursday that sales jumped 18% in the first quarter thanks to a rebound
2023-05-25 18:27
Royal Bank of Canada second-quarter profit drops on higher provisions
Royal Bank of Canada reported a drop in second-quarter profit on Thursday, as tough economic conditions spurred the
2023-05-25 18:21
Target is being held hostage by an anti-LGBT campaign
During every Pride Month in June for the past decade, Target has sold merchandise for LGBTQ customers, employees and allies. But this year, Target faced an anti-LGBTQ campaign that went viral on social media.
2023-05-25 18:17
CIBC posts decline in second-quarter profit on loan loss provisions
CIBC reported a decline in second-quarter profit on Thursday, as the Canadian lender set aside higher provisions to
2023-05-25 17:58
Chinese Hackers Targeting US, Guam Aim to Disrupt Communications, Microsoft Says
A Chinese state-sponsored hacking group has stealthily gained access to infrastructure organizations in Guam and elsewhere in the
2023-05-25 17:47
Meituan’s Revenue Beats Estimates in China Spending Revival
Meituan’s revenue jumped a faster-than-anticipated 27% after a gradually stabilizing Chinese economy drove meal delivery and travel nationwide.
2023-05-25 17:46
Yandex to Offer Investors Choice of Russian or Foreign Assets
Investors in Yandex NV will get to choose whether to keep a stake in the company’s profitable Russian
2023-05-25 17:46
Germany falls into recession as inflation hits economy
Rising prices have dampened demand from households and businesses in Europe's largest economy.
2023-05-25 17:19
Wanda in Talks to Refinance $275 Million Private Debt Facility
Chinese conglomerate Dalian Wanda Group Co. is in discussions with lenders to refinance a $275 million private debt
2023-05-25 17:19