(Reuters) – Alation Inc raised $123 million in a late-stage funding round backed by private equity firm Thoma Bravo that…
U.S. Q3 GDP overshot IMF forecasts, but growth volatile -official
By David Lawder WASHINGTON (Reuters) – The International Monetary Fund may need to raise its forecast for U.S. growth after…
Washington state sues to block Albertsons’ $4 billion payout to shareholders
(Reuters) -Washington State Attorney General Bob Ferguson filed a lawsuit on Tuesday to block grocery chain Albertsons Cos Inc from…
OPEC oil output falls by 20,000 bpd in October -Reuters survey
ABU DHABI (Reuters) – The following table shows crude output by the Organization of the Petroleum Exporting Countries (OPEC) in…
Factbox-Chipmakers cut spending as demand boom makes way for downturn
(Reuters) – The global chip industry is bracing for a downturn by reining in on investments for the year, in…
CVS forecasts higher profit for 2023
(Reuters) – CVS Health Corp on Wednesday forecast its adjusted profit to be in the range of $8.70 to $8.90…
S&P cuts Credit Suisse Group rating to one step above junk status
ZURICH (Reuters) – S&P Global Ratings has downgraded Credit Suisse Group’s long-term credit rating to one step above junk bond…
IMF backs Latam progressive taxes, fiscal discipline
By Rodrigo Campos NEW YORK (Reuters) – The International Monetary Fund will continue to be supportive of progressive tax reforms…
Logistics startup Flexport plans hiring spree, to double engineers in 2023
By Krystal Hu (Reuters) – Flexport, one of the most valuable logistics startups, is looking to add about 400 engineers…
Estee Lauder cuts forecasts on China curbs, tightening inventories
(Reuters) -Estee Lauder Cos Inc cut its full-year forecasts on Wednesday ahead of the crucial holiday season, blaming lockdowns in…