Loblaw beats quarterly estimates on resilient demand for essentials
(Reuters) -Canadian retailer Loblaw on Wednesday beat Wall Street expectations for second-quarter revenue and profit, helped by sustained demand for…
July 26, 2023
China’s consumer sentiment is down, but not when it comes to condoms
By Richa Naidu LONDON (Reuters) – Consumer companies and economists have said sentiment in China is slower than expected, but…
With 50 senior hires, Deutsche Bank sees advisory business at turning point
FRANKFURT (Reuters) – Deutsche Bank on Wednesday said that it had hired 50 senior bankers in the origination and advisory…
Analysis-Small firms offer private equity job market bright spot
By Maiya Keidan (Reuters) – It’s getting more difficult to land a job in the private equity industry — unless…
US machinery makers eye bumper earnings for now, but inventory glut looms
By Bianca Flowers CHICAGO (Reuters) – U.S. equipment makers are likely to face excess inventory early next year as demand…
Key U.S. credit metrics that will inform the Fed’s policy moves
By Safiyah Riddle (Reuters) – Weakening loan growth for U.S. banks and what top lending officers across the industry have…
Marketmind: Tech splits, banks merge and Fed decides
A look at the day ahead in U.S. and global markets from Mike Dolan Alphabet outshone Microsoft as the latest…
IndiGo says working with Pratt & Whitney amid latest engine probe
NEW DELHI (Reuters) -IndiGo operator InterGlobe Aviation said on Wednesday it is working with Pratt & Whitney to assess any…
China issues guidelines on standardisation of intelligent connected vehicles
BEIJING (Reuters) – China’s industry ministry on Wednesday issued guidelines on standardisation of intelligent connected vehicles. The guidelines map out…
Biden administration pushing insurers to improve access to mental health treatment
WASHINGTON (Reuters) – President Joe Biden is making a fresh push to force health insurance companies to improve access to…