J&J’s Kenvue valued at $48 billion after shares jump in market debut
(Reuters) -Johnson & Johnson’s consumer health spinoff Kenvue Inc rose 16% and fetched a valuation of about $48 billion in…
May 4, 2023
Arab foreign ministers to discuss Syria, Sudan in Cairo
CAIRO (Reuters) – Arab foreign ministers will meet at the Arab League in Cairo on Sunday to discuss Syria, a…
Bank of Canada may hike rates further if inflation gets stuck above 2% – Macklem
By Steve Scherer and David Ljunggren OTTAWA, May 4 (Reuters) – Canadian inflation risks getting stuck significantly above the Bank…
North Carolina House passes 12-week abortion ban
(Reuters) – North Carolina’s Republican-dominated House on Wednesday passed and sent to the state Senate a controversial bill limiting most…
ECB slows rate hike pace but signals more to come
By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) – The European Central Bank slowed the pace of its interest rate…
Senator Warren blames First Republic executives of “mismanagement”
(Reuters) -U.S. Senator Elizabeth Warren has accused First Republic Bank executives of “mismanagement” in a letter to its former CEO…
Starbucks Pushes Appeal In Memphis Union Case; US Labor Tactics Scrutinized
By Daniel Wiessner (Reuters) – U.S. appeals court judges on Thursday expressed skepticism that Starbucks Corp hurt a union organizing…
Starbucks pushes appeal in Memphis union case; US labor tactics scrutinized
By Daniel Wiessner (Reuters) – U.S. appeals court judges on Thursday expressed skepticism that Starbucks Corp hurt a union organizing…
Analysis-Kremlin drone incident gives Putin cover to deepen Ukraine war
By Andrew Osborn LONDON (Reuters) – The humiliating spectacle for Russia of two drones flying over the walls of the…
Moncler’s sales up 23% in first quarter, beating expectations
MILAN (Reuters) -First quarter sales at Italian fashion group Moncler jumped by 23% at constant exchange rates, beating analysts’ expectations,…