LONDON (Reuters) – Confidence among British consumers remained close to the lowest level on record this month with households facing…
St. Louis Fed to ‘think differently’ about private events after Citi forum
By Howard Schneider WASHINGTON (Reuters) -The St. Louis Federal Reserve said it would “think differently” about appearances by its president…
Visa, Mastercard profits expected to jump as travel rebounds
By Niket Nishant (Reuters) – U.S. card companies are expected to benefit as pandemic-weary consumers continue to fuel demand for…
Snap’s slowing ad growth sends inflation fears through tech sector
By Sheila Dang (Reuters) – Snap Inc on Thursday forecast no revenue growth in the typically busy holiday quarter, sending…
Walmart’s net profit rises 10% in Mexico, even as expenses climb
MEXICO CITY (Reuters) -Walmart’s Mexico unit on Thursday posted a 10% jump in third-quarter net profit, tracking analyst estimates, while…
SoftBank creates committee to oversee Vision Fund 2 – memo
By Sam Nussey TOKYO (Reuters) – SoftBank Group Corp has created an executive committee to oversee its second Vision Fund,…
TSX ends lower as financials and industrials lose ground
By Fergal Smith TORONTO (Reuters) – Canada’s main stock index fell on Thursday, including declines for financial and industrial shares,…
Meta, Alphabet, Pinterest shares shudder on Snap warning
By Noel Randewich (Reuters) – Shares of Meta Platforms, Google-owner Alphabet and other companies that sell digital ads dropped late…
Google fined $162 million by India antitrust watchdog for abuse of Android platform
By Aditya Kalra and Munsif Vengattil NEW DELHI (Reuters) -India’s competition regulator on Thursday ordered Alphabet Inc’s Google to change…
Brazil’s Assai posts 47.8% drop in Q3 net profit
SAO PAULO (Reuters) – Brazilian cash-and-carry chain Assai reported a 47.8% decrease in third-quarter net profit, compared to the same…