Food prices squeeze consumers in June, hot weather boosts summer spending: BRC
By Suban Abdulla LONDON (Reuters) – Unusually hot weather boosted sales of sun screen and barbecue food in Britain last…
Category: Business
Wall St ends up; investors digest Fed official comments
By Caroline Valetkevitch NEW YORK (Reuters) – U.S. stocks ended higher on Monday following last week’s losses, while Federal Reserve…
Meta’s Twitter rival Threads surges to 100 million users faster than ChatGPT
By Katie Paul and Akash Sriram (Reuters) -Meta Platforms’ Twitter rival Threads crossed 100 million sign-ups within five days of…
Icahn restructures $3.7 billion in loans to remove company’s stock drag
(Reuters) -Carl Icahn disclosed on Monday he restructured $3.7 billion in personal loans to remove a link between his obligation…
Amazon partners with travel site Priceline in a first for Prime Day
By Doyinsola Oladipo NEW YORK (Reuters) – Amazon.com Inc is partnering with travel booking site Priceline to offer discounts during…
Meta’s ‘friendly’ Threads collides with unfriendly internet
By Katie Paul NEW YORK (Reuters) -Mark Zuckerberg has pitched Meta’s Twitter copycat app, Threads, as a “friendly” refuge for…
Business leaders left in limbo by rate hike impact lag
By Leigh Thomas and Mathieu Rosemain AIX-EN-PROVENCE, France (Reuters) -An unusually long lag in the time interest rate hikes are…
Canadian port strike talks resume, supported by federal mediators
TORONTO (Reuters) – Talks in Pacific Canada between striking dock workers and their employers have resumed after four days away…
Saudi National Bank was denied taking 40% Credit Suisse stake -report
VIENNA (Reuters) – Saudi National Bank wanted to increase its stake in Credit Suisse to around 40% from 9.88%, but…
As earnings loom, investors weigh recession resilience
By David Randall NEW YORK (Reuters) -As second-quarter earnings approach, investors are looking at beaten-down sectors which might gain ground…