Virgin Money UK shuts 39 stores over fall in customer demand
(Reuters) – British lender Virgin Money UK said on Thursday it will close 39 stores as the company continues to…
July 2023
European shares end at 1-month high, tech stocks tumble
By Shreyashi Sanyal and Shristi Achar A (Reuters) -Europe’s STOXX 600 index closed at a one-month high on Thursday, supported…
Some U.S. companies still failing to meet conflict minerals rules, GAO says
NAIROBI (Reuters) – Some U.S. companies buying minerals from countries including the Democratic Republic of Congo and its eastern neighbours…
Tesla, ABB, TSMC get Q2 earnings off to downbeat start
LONDON (Reuters) – ABB warned on Thursday of slowing Chinese demand, Taiwanese chipmaker TSMC forecast a drop in 2023 sales…
Grain buyers refuse to panic as Ukraine corridor closes
By Michael Hogan HAMBURG (Reuters) – Major grain importers in the Middle East and North Africa have reacted calmly to…
Freeport’s profit narrowly beats despite production, Indonesia woes
(Reuters) -A slump in copper production and shipping delays in Indonesia dragged Freeport-McMoRan Inc’s second-quarter profit down by 60%, although…
South Africa holds rate but says hikes may not be over
By Kopano Gumbi, Nellie Peyton and Tannur Anders PRETORIA (Reuters) -South Africa’s central bank decided to halt interest rate hikes…
Twitter to subpoena Senator Elizabeth Warren over communications with U.S. agencies
WASHINGTON (Reuters) – Twitter, which has asked a court to terminate a consent order struck last year with the Federal…
Jaguar Land Rover appoints interim boss Mardell as CEO for three-year term
BENGALURU (Reuters) -Jaguar Land Rover (JLR), a unit of Indian automaker Tata Motors, said on Thursday it appointed interim boss…
Three killed, Chinese consulate damaged in Russian attack on Ukraine’s port cities
By Viktoria Lakezina MYKOLAIV, Ukraine (Reuters) -At least three people were killed and a Chinese consular building was damaged on…