By David Randall NEW YORK (Reuters) -Can Walt Disney Co bank on another hit sequel? That appears to be the…
Kohl’s snub of big sale-leaseback sets up new clash with hedge funds
(Corrects second-quarter percentage drop in net sales to 8.5%) By Abigail Summerville and Svea Herbst-Bayliss (Reuters) – Kohl’s Corp’s reluctance…
IMF approves 530 million euro liquidity line for North Macedonia
WASHINGTON (Reuters) – The International Monetary Fund said on Tuesday its executive board has approved a two-year, 530 million-euro precautionary…
FTX seeks indemnity for unidentified individuals helping to protect assets
(Reuters) -Bankrupt cryptocurrency exchange FTX is seeking to indemnify unidentified individuals for actions they took and continue to take in…
Spain’s mortgage relief plans may mean higher provisions, top bankers say
MADRID (Reuters) -Two top Spanish bankers on Tuesday said Spain’s mortgage relief plan could lead to an increase in bad…
Mazda unveils $11 billion EV spending plan, considers investing in battery production
TOKYO (Reuters) – Japan’s Mazda Motor Corp on Tuesday unveiled a $10.6 billion spending plan to electrify its vehicles and…
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…
Europe to be hit hardest in global slowdown -OECD
By Leigh Thomas PARIS (Reuters) -The global economy should avoid a recession next year but the worst energy crisis since…
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…