Telecom Italia CEO says service business can stand on own two feet
MILAN (Reuters) – The head of Telecom Italia (TIM) said the company’s service business is “already sustainable” as a standalone…
May 2023
Erdogan’s rival boosted by withdrawal, poll lead ahead of Turkey vote
By Ece Toksabay and Birsen Altayli ANKARA (Reuters) -The man challenging Tayyip Erdogan in Turkey’s presidential elections this weekend received…
US producer prices increase moderately in April
WASHINGTON (Reuters) – U.S. producer prices rebounded modestly in April, leading to the smallest annual increase in producer inflation in…
El Niño could form during May-July, persist through winter – U.S. CPC
(Reuters) -The El Niño weather pattern was likely to form during the May-July season, with a more than 90% chance…
US appeals court overturns first ‘Varsity Blues’ scandal convictions
By Jonathan Stempel and Nate Raymond BOSTON/NEW YORK (Reuters) -A U.S. appeals court on Wednesday threw out the fraud convictions…
China says willing to work with U.S. on audit deal as challenges loom
By Xie Yu HONG KONG (Reuters) – China’s securities watchdog on Thursday said that it was willing to work with…
Sonos shares crash as forecast fails to strike a chord
(Reuters) – Sonos Inc was set to shed more than a fifth of its market valuation on Thursday after a…
Sleepless Gazans keep children, essentials close as Israeli bombing goes on
By Nidal al-Mughrabi KHAN YOUNIS, Gaza Strip (Reuters) – As nearby explosions from Israeli air strikes continued to rock their…
Brazil blocks $8 million from alleged financiers of January riots to pay for damages
SAO PAULO (Reuters) – Brazil’s federal police said on Thursday the country had frozen roughly 40 million reais ($7.99 million)…
Coach bags help Tapestry defy U.S. luxury gloom with forecast raise
By Deborah Mary Sophia (Reuters) -Tapestry Inc raised its annual profit forecast on Thursday, betting that price increases and strong…