Factbox-Layoffs pick up pace in Canada as Bell cuts 1,300 roles
(Reuters) – Canadian companies across industries have laid off thousands in recent months as a post-pandemic spending splurge fades and…
June 15, 2023
Mondelez plans to separate Russia operations by year-end
(Reuters) – Oreo-maker Mondelez International said on Thursday it has scaled down operations in Russia and plans to make it…
European shares slip after ECB rate hike
By Shreyashi Sanyal and Bansari Mayur Kamdar (Reuters) -European shares slipped on Thursday after the European Central Bank (ECB) raised…
Kroger maintains annual targets despite quarterly profit beat, shares slip
By Granth Vanaik (Reuters) – Supermarket chain Kroger in a cautious move on Thursday reaffirmed its annual forecasts after it…
Sudan war hits two-month mark as peace efforts hit hurdles
By Nafisa Eltahir and Khalid Abdelaziz CAIRO/DUBAI (Reuters) – The conflict in Sudan hit the two-month mark on Thursday with…
Peru’s GDP grows 0.31% in April, misses expectations
LIMA (Reuters) – Peru’s gross domestic product (GDP) expanded 0.31% in April compared with the same month last year, the…
Oil Futures Up 2% On Strong China Refinery Data, Weaker U.S. Dollar
By Scott DiSavino NEW YORK (Reuters) -Oil prices rose over 2% to a one-week high on Thursday as the U.S….
US leaders urge allies to ‘dig deep’ with arms for Ukraine’s ‘difficult fight’
By Andrew Gray and Sabine Siebold BRUSSELS (Reuters) -Top U.S. defence officials said on Thursday Ukraine faces a tough fight…
Generali to buy Liberty Mutual’s Spanish Unit in $2.5 billion all-cash deal
ROME (Reuters) -Generali will buy out the Spanish unit of U.S. insurer Liberty Mutual for 2.3 billion euros ($2.51 billion),…
Tesla: German plant reducing shifts, production targets on track
By Victoria Waldersee BERLIN (Reuters) -Tesla will hire fewer temporary workers at its plant outside Berlin than it did in…