Monrovia NSU CHALLENGER bulk carrier transits the expanded canal through Cocoli Locks at the Panama Canal, on the outskirts of Panama City, Panama April 19, 2023. REUTERS/Aris Martinez/File Photo Acquire Licensing RightsPANAMA CITY, Aug 16 (Reuters) – The Panama Canal Authority on Wednesday notified shippers it is extending through Sept. 2 restrictions for vessels to… […]
April 9 (Reuters) – As First Republic Bank’s share price fell by double-digits in the aftermath of the collapse of Silicon Valley Bank last month, some people close to the San Francisco-based lender were worried short sellers were exacerbating its travails, according to a source familiar with the situation.Investors who wager shares in a company… […]
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Amazon logo. Photo take on November 5, 2019. REUTERS/Pascal Rossignol/File Photo Acquire Licensing RightsAug 15 (Reuters) – Amazon.com (AMZN.O) said on Tuesday its online pharmacy will automatically apply manufacturer-sponsored coupons to more than 15 insulin and diabetes medicines to help patients access discounts pledged by the drug industry.With the new program, patients using Amazon Pharmacy… […]
A customer leaves one of the stores of discount retail chain Target in Ancaster, January 15, 2015. REUTERS/Peter Power/File Photo Acquire Licensing RightsAug 16 (Reuters) – Target (TGT.N) cut its full-year sales and profit expectations even as its quarterly profit exceeded Wall Street estimates on Wednesday, benefiting from fewer discounts and better stocked store shelves.The… […]
WASHINGTON, Aug 16 (Reuters) – U.S President Joe Biden on Wednesday used the first anniversary of his signature Inflation Reduction Act to pitch the landmark clean-energy law as an economic powerhouse to a public that remains largely unaware of its contents.The wide-ranging law provides billions of dollars in tax credits to help consumers buy electric… […]
Semi truck trailers are picrured at freight trucking company Yellow’s terminal near the Otay Mesa border crossing between the U.S. and Mexico, after the company filed for bankruptcy protection, in San Diego, California, U.S., August 7, 2023 REUTERS/Mike Blake/File Photo Acquire Licensing RightsAug 15 (Reuters) – Apollo Global Management (APO.N) is selling off a $500… […]
U.S. oil company Phillips 66 headquarters in Houston, Texas, U.S., September 27, 2020. Picture taken September 27, 2020. REUTERS/Gary McWilliams/file photo Acquire Licensing RightsHOUSTON, Aug 15 (Reuters) – U.S. oil refiner Phillips 66 (PSX.N) plans to cut 175 employees and realign its global finance and procurement operations into an “enterprise service organization,” the company said… […]
Sees mid-single digit fall in FX-neutral sales in 2023Had previously expected a high-single digit declineFX-neutral sales were flat in second quarterAdidas has donated 10 mln euros to charities so farLONDON, Aug 3 (Reuters) – Adidas (ADSGn.DE) delivered further signs that its turnaround is gathering pace on Thursday as the sportswear giant seeks to shift focus… […]
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