By Granth Vanaik (Reuters) – Luxury parka maker Canada Goose Holdings Inc cut its full-year revenue and profit forecast on…
China vows commitment to growth as investors bet on easier COVID policy
HONG KONG/BEIJING (Reuters) -Chinese policymakers pledged on Wednesday that growth was still a priority and they would press on with…
Humana profit beats on slow elective-care rebound
(Reuters) -Humana Inc beat third-quarter profit estimates on Wednesday, as a sluggish recovery in elective procedures helped the health insurer…
Data provider Alation valued at $1.7 billion after Thoma Bravo-backed fundraise
(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…