(Corrects typo in stock symbol in first paragraph) PARIS (Reuters) – French retailer Carrefour on Tuesday said it plans to open about 100 more stores in Israel between now and the end of 2024, having just opened 50 stores in the country. The 50 stores were opened under a franchise partnership Carrefour entered into in…
By Huw Jones LONDON (Reuters) – Banks, insurers and asset managers in the European Union would only be allowed to sell funds and other products across the bloc if they could prove to regulators they offer value for money, draft proposals seen by Reuters showed. The EU’s executive European Commission is due to publish legislative…
By Nancy Lapid (Reuters) -Women at average risk for breast cancer should get screening mammograms every other year starting at age 40, according to a proposed guideline update from the U.S. Preventive Services Task Force (USPSTF), reflecting improved diagnostic technology and treatment. The update reverses a controversial recommendation made by the panel in 2009, when…
(Reuters) – Sri Lankan authorities formally presented on Tuesday a request for debt treatment in the first meeting of the official bilateral creditors committee, the Paris Club said in a statement. The committee, co-chaired by India, Japan and France, consists of 17 members and includes Paris Club creditors as well as other official bilateral creditors….
(Reuters) – Palantir Technologies’ stock surged 22% on Tuesday, putting it on track for its biggest one-day gain in more than two years, after the data analytics firm said it expected to turn a profit every quarter in 2023 and pointed to massive interest in its new AI platform. The data analytics software maker, known…
By Sergio Goncalves LISBON (Reuters) – Fortitude Capital, founded by former Goldman Sachs partner Antonio Esteves, Brazilian bank BTG Pactual and Portuguese asset manager Atrium, has launched its first fund with a target size of up to 500 million euros ($550 million). Esteves said on Tuesday that, though focused on investing in Portugal, the fund…
(Reuters) – Walt Disney Co’s quarterly revenue growth is expected to hit its lowest in nearly two years, underlining the hurdles that Chief Executive Bob Iger faces in revitalizing a company that is now caught in what could be a long strike by Hollywood writers. The results, slated for Wednesday, will mark the first full…
By Andrius Sytas RIGA (Reuters) -In a Stalinist skyscraper which dominates the skyline of Latvia’s capital, dozens of elderly Russians wait to take a basic Latvian language test as a proof of loyalty to a country where they have lived for decades. Clutching red Russian passports, the participants, mostly women, read their notes for last…
By Michael S. Derby NEW YORK (Reuters) -New York Fed President John Williams said on Tuesday it is too soon to say whether the U.S. central bank is done raising interest rates, arguing that if more action is needed policymakers won’t hesitate to act. “We haven’t said we are done raising rates” and officials have…
By Nyasha Chingono HARARE (Reuters) – The value of stocks on Zimbabwe’s dollar-only bourse has jumped by 85% since the start of the year to more than $1 billion, its CEO told Reuters on Tuesday, adding he anticipated continued growth. The Victoria Falls Stock Exchange (VFEX) was set up in 2020 to attract global investors…
