By Fergal Smith TORONTO (Reuters) – After the Bank of Canada posted its first ever quarterly loss, the federal government…
Sabadell sees 2023 strong lending growth after quarterly profit beat
By Jesús Aguado MADRID (Reuters) – Spain’s Sabadell bank handily beat market expectations with its fourth-quarter net profit, helped by…
Dow posts dour quarterly results, says will slash 2,000 jobs
(Reuters) -Chemicals giant Dow Inc on Thursday missed Wall Street estimates for fourth-quarter results, hurt by higher energy costs, weaker…
Fewer Treasury bills and liquidity questions – what to expect from the U.S. refunding
By Karen Brettell (Reuters) – The U.S. Treasury Department next week is likely to announce that it will offer fewer…
Comcast revenue tops estimates amid cord-cutting, muted broadband growth
By Helen Coster and Eva Mathews (Reuters) – Comcast Corp’s fourth-quarter revenue beat Wall Street expectations on Thursday, as the…
Yellen welcomes South Africa’s energy transition, steers clear of Russia mention
By Andrea Shalal and Kopano Gumbi PRETORIA (Reuters) -U.S. Treasury Secretary Janet Yellen on Thursday lauded South Africa’s “bold” participation…
Juul in deal talks with three tobacco giants – WSJ
(Reuters) -E-cigarette maker Juul Labs Inc is in early talks with three tobacco giants for a potential sale, strategic investment,…
Northrop Grumman expects strong 2023 revenue as weapon demand surges
By Mike Stone and Nathan Gomes (Reuters) – U.S. defense contractor Northrop Grumman Corp on Thursday forecast full-year sales above…
SAP to cut 3,000 jobs, explore Qualtrics stake sale
By Kirsti Knolle and Supantha Mukherjee BERLIN/STOCKHOLM (Reuters) -SAP said on Thursday it planned to cut 3,000 jobs, or 2.5%…
UK retail sales volumes slide at fastest rate since April – CBI
LONDON (Reuters) – British retail sales volumes slid over the last month at the fastest rate since April last year,…