Lyft falls as pricing strategy casts shadow over profit goals
By Akash Sriram (Reuters) -Lyft’s shares fell more than 7% on Wednesday as investors feared the ride-hailing platform’s focus on…
August 9, 2023
Clara moves headquarters to Brazil as ‘payment institution’ license secured
By Gabriel Araujo SAO PAULO (Reuters) – Fintech Clara is moving its headquarters from Mexico to Brazil after obtaining a…
Indonesia says Mitsubishi Motors plans to invest $375 million in 2024
JAKARTA (Reuters) – Indonesia’s industry ministry said on Wednesday Japanese carmaker Mitsubishi Motors was planning to invest 5.7 trillion rupiah…
Fox Business to host second Republican debate -RNC
WASHINGTON (Reuters) -Fox Business will hold the second debate of the 2024 Republican presidential contest, the Republican National Committee said…
Kellogg forecasts annual sales of up to $13.6 billion for snacks business ahead of split
(Reuters) – Packaged food maker Kellogg said on Wednesday its snacking business Kellanova is expected to report full-year sales between…
Brazilian consumer prices seen virtually flat in July vs June: Reuters poll
By Gabriel Burin (Reuters) – Brazil’s consumer prices barely rose on the month in July, a Reuters poll of economists…
Winning Mega Millions ticket worth $1.58 billion sold in Florida
(Reuters) -One lucky winner was in possession of a Mega Millions ticket worth a cool $1.58 billion, the largest prize…
Can Argentina’s economy chief helm Peronist ‘shipwreck’ to election win?
By Nicolás Misculin BUENOS AIRES (Reuters) – Argentina’s Economy Minister Sergio Massa is an unlikely hero for the embattled ruling…
Oil output inches up at top US shale firms, with faster growth elusive
By Arathy Somasekhar HOUSTON (Reuters) – Top U.S. shale oil producers are raising output by pulling more from each well…
Sri Lanka central bank cuts statutory reserve ratio by 200 bps
By Uditha Jayasinghe COLOMBO (Reuters) – The Central Bank of Sri Lanka has cut the statutory reserve ratio for commercial…