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July 26, 2022
Visa’s profits jump 32% as consumers start traveling again
NEW YORK (AP) — Visa Inc. said Tuesday that its fiscal third quarter profits rose 32% from a year earlier,…
Canadian Miner Teck CEO Lindsay To Step Down; Quarterly Profit Surges
(Reuters) -Teck Resources Ltd said on Tuesday Chief Executive Officer Don Lindsay will step down after 17 years with the…
Australian Inflation Speeds To 21-year High, Peak Still To Come
By Wayne Cole SYDNEY (Reuters) -Australian inflation sped to a 21-year high last quarter and is likely to accelerate even…
Euro Fragile As Fed Hike Looms, Gas Risks Weigh
By Rae Wee SINGAPORE (Reuters) – The euro nursed losses on Wednesday after its sharpest drop in two weeks, as…
Walmart’s Mexico Unit Posts 12% Quarterly Profit Rise, Despite Cost Pressures
MEXICO CITY (Reuters) -Walmart’s Mexico unit posted a nearly 12% quarterly net profit increase as tighter operations and new income…
From Burgers To Gadgets, Stressed Consumers Buy Cheap
By Hilary Russ and Richa Naidu NEW YORK/LONDON (Reuters) -Some global consumers are showing signs of cracking, as shoppers stressed…
Central Banks Must Resist Urge To Back Off Inflation Fight – IMF Economist
By David Lawder WASHINGTON (Reuters) – Global central banks may get “antsy” about the swiftness of economic pain brought on…
Credit Suisse Expected To Announce Koerner As CEO, Replacing Gottstein – Sources
(Reuters) – Credit Suisse Group AG is expected to announce Ulrich Koerner as its new chief executive officer, replacing Thomas…
Twitter sets September shareholder vote on Elon Musk buyout
DOVER, Del. (AP) — Twitter has set Sept. 13 as the date for its shareholders to vote on the company’s…
Stocks Fall, Bonds Rise As Investors Seek Safety
By Sinéad Carew NEW YORK (Reuters) – Wall Street equities fell and U.S. Treasuries rallied on Tuesday a day before…