TOKYO (Reuters) – Japan’s Mazda Motor Corp on Tuesday unveiled a $10.6 billion spending plan to electrify its vehicles and…
Medtronic slumps as annual outlook hurt by forex, slow recovery
By Khushi Mandowara and Bhanvi Satija (Reuters) -Medtronic Plc on Tuesday lowered its full-year outlook for profit and revenue growth,…
Dollar Tree cuts 2022 profit view again as inflation threatens margins
By Deborah Mary Sophia (Reuters) – Dollar Tree Inc lowered its annual profit forecast for the second time as price…
Abercrombie sees better holiday-quarter sales, posts surprise profit
By Ananya Mariam Rajesh (Reuters) -Abercrombie & Fitch Co said on Tuesday it was “cautiously optimistic” about the holiday season…
South African retailer Shoprite to close Congo operations
KINSHASA (Reuters) -South African retailer Shoprite has decided to shut its shops in Democratic Republic of Congo, a company statement…
Italy’s Meloni hails “courageous” budget, opposition plans protests
By Giuseppe Fonte and Gavin Jones ROME (Reuters) -Italian Prime Minister Giorgia Meloni presented her government’s first budget on Tuesday,…
Sterling climbs as dollar rally wanes
By Harry Robertson LONDON (Reuters) – The pound rose on Tuesday after falling in the previous session, as the dollar…
Hungary cenbank leaves rates steady, sees food prices pushing inflation
By Gergely Szakacs and Krisztina Than BUDAPEST (Reuters) – The National Bank of Hungary (NBH) left its base rate unchanged…
Zoom shares down 90% from peak as pandemic boom fades
By Aditya Soni and Chavi Mehta (Reuters) – Shares of Zoom Video Communications Inc have tumbled about 90% from their…
Euro zone consumer confidence rises to -23.9 in November
(Reuters) – Euro zone consumer confidence rose by 3.6 points in November from the October number, figures released on Tuesday…