Author Archives: Syndicated Content
African Union suspends participation of Niger following coup
(Reuters) -The African Union (AU) has suspended Niger from all its activities following a military coup on July 26, it said in a statement released on Tuesday, reiterating calls for the coup leaders t...
Aug 22, 2023
Russian e-commerce firm Ozon loses latest appeal against Nasdaq delisting
MOSCOW (Reuters) - Russian e-commerce firm Ozon said on Tuesday it had lost the latest appeal against the delisting of its American depositary shares (ADSs) from Nasdaq, dampening faint hopes that its...
Aug 22, 2023
Food delivery startup Getir to cut 11% of workers in global restructuring
LONDON (Reuters) - Turkish grocery delivery firm Getir announced a global restructuring on Tuesday, saying it plans to cut 2,500 jobs across five countries, or 10.9% of its total workforce. Getir will...
Aug 22, 2023
Lowe's tops quarterly sales, profit estimates on small project boost
(Reuters) - Lowe's Cos posted a smaller-than-expected drop in quarterly comparable sales and topped estimates for profit on Tuesday, helped by a boost from delayed spring season sales and sustained co...
Aug 22, 2023
Canadian banks' profits seen pressured by slower dealmaking, mortgage growth
By Nivedita Balu TORONTO (Reuters) - Canada's big bank results are expected to bring to light a number of challenges as lenders set aside more funds for bad loans in a tough economy that has also led ...
Aug 22, 2023
Jailed FTX founder Bankman-Fried to return to court for new plea
By Luc Cohen NEW YORK (Reuters) - Sam Bankman-Fried, founder of the now-bankrupt cryptocurrency exchange FTX, is due back in court on Tuesday for the first time since a U.S. judge revoked his bail and...
Aug 22, 2023
UK factory output drops at fastest rate in almost 3 years: CBI
LONDON (Reuters) - British manufacturing output dropped over the three months to August by the most in almost three years, according to an industry survey on Tuesday that pointed to a further drop in ...
Aug 22, 2023
US airline pilots fight their unions to increase retirement age
By Rajesh Kumar Singh and Allison Lampert (Reuters) - Bo Ellis has been a devoted member of the Air Line Pilots Association (ALPA) for nearly four decades, but the 64-year-old is waging a campaign aga...
Aug 22, 2023
Thai property mogul Srettha Thavisin's unlikely rise to prime minister
By Devjyot Ghoshal and Panu Wongcha-um BANGKOK (Reuters) - Srettha Thavisin, until recently chief of one of Thailand's biggest real estate developers, was on Tuesday voted inas prime minister at the h...
Aug 22, 2023
Analysis-Arm's clients turn IPO into tug of war for chip influence
By Milana Vinn, Anirban Sen and Stephen Nellis NEW YORK/SAN FRANCISCO (Reuters) - A scramble among Arm Holdings Ltd's clients, comprising the world's biggest technology companies, to snap up shares in...
Aug 22, 2023
