Revlon Reaches Lender Settlement, Sends Bankruptcy Plan To Vote
By Dietrich Knauth (Reuters) – Revlon Inc on Tuesday announced a deal with a holdout faction of lenders, removing the…
February 21, 2023
Amazon Web Services Pairs With Hugging Face To Target AI Developers
(Corrects typo in penultimate paragraph) By Stephen Nellis (Reuters) -Amazon Web Services (AWS), the cloud computing arm of Amazon.com Inc,…
U.S. Home Sales Post 12th Straight Monthly Decline; House Price Inflation Cools
WASHINGTON (Reuters) -U.S. existing home sales dropped to the lowest level in more than 12 years in January, but the…
NBA, Ant Group Launch Strategic Partnership In China
SHANGHAI (Reuters) -Chinese fintech giant Ant Group said on Tuesday it had entered a strategic partnership with the NBA league…
Canada’s Inflation Slows In January, Backing Up March Interest Rate Pause
By Ismail Shakil and Steve Scherer OTTAWA (Reuters) – Canada’s annual inflation rate eased more than expected to 5.9% in…
Canada December Retail Sales Up 0.5% On Autos, Seen Up 0.7% In January
Feb 21 (Reuters) – Canadian retail sales rose by 0.5% in December from November at C$62.12 billion ($46.19 billion), on…
South Africa’s Tiger Brands Grows Sales After Price Hikes
JOHANNESBURG (Reuters) – South Africa’s biggest food producer Tiger Brands said on Tuesday its four-month revenue to end January rose…
Home Depot Warns Of Weak 2023 Profit As Rising Prices Hurt Demand
(Reuters) -Home Depot Inc forecast annual profit below Wall Street expectations on Tuesday as demand for home improvement products dwindle…
Holiday Inn-owner IHG Misses Revenue Estimate; Plans Another Buyback
By Radhika Anilkumar (Reuters) -Holiday Inn owner IHG missed full-year revenue expectations as it was impacted by COVID-19 curbs in…
Holiday Inn-owner IHG Misses Revenue Estimates, Hikes Buyback Target
By Radhika Anilkumar (Reuters) – Holiday Inn owner IHG missed full-year revenue expectations as it was impacted by COVID-19 curbs…