Volkswagen defends China record at turbulent shareholder meeting
By Victoria Waldersee and Jan Schwartz BERLIN (Reuters) -Volkswagen defended its record in China and its decision to jointly own…
May 10, 2023
Trulieve Cannabis misses revenue estimates on weak demand
By Ankit Kumar and Mrinalika Roy (Reuters) -Trulieve Cannabis Corp posted a bigger-than-expected fall in first-quarter revenue on Wednesday, as…
Turkey’s economy faces ‘lost year’ no matter who wins election, insiders say
By Orhan Coskun ANKARA (Reuters) – Turkey’s economy is bracing for a “lost year” no matter who wins landmark elections…
Ireland could amass $156 billion wealth fund with windfall corporate tax
DUBLIN (Reuters) – Ireland could amass a 142 billion euro ($156 billion) sovereign wealth fund by 2035 and cover much…
Airbnb tumbles as forecast hints at easing U.S. travel demand
(Reuters) -Airbnb’s shares slid 12% on Wednesday after the top vacation rental firm issued a gloomy second-quarter forecast and signaled…
California to pay $24 million to family of man who died during traffic stop
(Reuters) – California has agreed to pay $24 million to the family of a man who lost consciousness and died…
Traders bet on end to Fed rate hikes after April inflation data
(Reuters) -An April inflation reading on Wednesday that was more benign than expected disrupted the modest momentum that had been…
Private-credit Firms See Opportunity As Banks Tighten Lending
By Lisa Pauline Mattackal (Reuters) – Private-credit firms are eyeing fresh opportunities from a potential borrowing squeeze in the United…
Toyota targets 10% profit jump, robust EV sales as chip woes recede
By Daniel Leussink TOKYO (Reuters) -Toyota Motor Corp on Wednesday said it expects operating profit to climb 10% this business…
Vitamin Shoppe owner taken private in $2.6 billion deal with CEO-led group
(Reuters) -Vitamin Shoppe owner Franchise Group Inc would be taken private by a group led by CEO Brian Kahn in…