By Chris Mfula LUSAKA (Reuters) -The International Monetary Fund has reached an understanding in principle with China about a debt…
Dollar Tree Executive Chairman Dreiling to replace CEO Witynski
(Reuters) -Dollar Tree Inc said on Tuesday Executive Chairman Richard Dreiling will replace Chief Executive Officer Mike Witynski, nearly a…
KKR sees long-term future with Springer, says investor Kravis
By Klaus Lauer BERLIN (Reuters) – Axel Springer’s major shareholder KKR sees itself as a long-term investor in the Berlin-based…
U.S. card firms’ growth to moderate as luxury buying falters
By Manya Saini and Niket Nishant (Reuters) – U.S. card companies are expected to post the slowest revenue growth in…
Verizon forecasts profit below estimates on wireless slowdown, 5G costs
By Eva Mathews and Samrhitha A (Reuters) -Verizon Communications Inc forecast annual profit below expectations on Tuesday, as the pandemic-led…
Banks demand deep changes to UK’s accountability rules -sources
By Iain Withers and Huw Jones LONDON (Reuters) – Banks are pushing the British government to relax core parts of…
Factbox-Redemption wave hits private REITs amid valuation jitters
NEW YORK (Reuters) – Investors looking to cash out of non-traded U.S. real estate income trusts (REITs) have pushed redemptions…
Tank maker Rheinmetall raises sales view, asks Berlin for firm orders
By Anneli Palmen and Christoph Steitz DUESSELDORF/FRANKFURT (Reuters) – German defence group Rheinmetall on Tuesday raised its sales expectations for…
U.S. business activity still soft in early 2023, but outlook perks up
NEW YORK (Reuters) – U.S. business activity contracted for the seventh straight month in January, though the downturn moderated across…
Nigeria opens ‘game changer’ billion-dollar deep seaport
By Seun Sanni LAGOS (Reuters) – Nigeria opened a billion-dollar Chinese-built deep seaport in Lagos on Monday, which is expected…