Canada Goose sees weak Q2 as choppy U.S. demand douses China rebound
By Deborah Mary Sophia (Reuters) -Canada Goose Holdings forecast current-quarter sales below Wall Street estimates on Thursday due to choppy…
August 2023
Big central banks hike again with end of tightening in sight
LONDON (Reuters) – Major central banks are tentatively eyeing the end of aggressive interest rate hikes as price pressures finally…
Top Israeli court weighs in on Netanyahu’s judicial overhaul
By Maayan Lubell JERUSALEM (Reuters) -Israel’s Supreme Court began hearing on Thursday the first in a series of appeals linked…
PayPal stock drops as weak margins fan growth fears
(Reuters) -Shares of PayPal Holdings fell nearly 11% on Thursday as weak second-quarter margins at the digital payments firm overshadowed…
Qualcomm tumbles after signalling more pain from smartphone slump
By Aditya Soni (Reuters) – Qualcomm tumbled nearly 10% on Thursday after a gloomy forecast signalled more pain for the…
For investors, green companies still hard to find with new emissions reporting rules
By Simon Jessop and Huw Jones LONDON (Reuters) – Is Ford doing a better job of cutting emissions than rival…
E-cigarette maker Juul Labs seeks $1 billion in funding – Bloomberg News
(Reuters) -E-cigarette maker Juul Labs is seeking to raise about $1 billion in a fundraising effort, Bloomberg News reported on…
Adidas has around 100 stores left to get rid of in Russia, CEO says
LONDON (Reuters) -Adidas is still in the process of getting rid of around 100 stores as the German sportswear firm…
UK firms dial back price and wage growth expectations – BoE
LONDON (Reuters) – The Bank of England said on Thursday that businesses expected slower increases in the prices they charge…
US productivity surges in second quarter; labor costs growth slows
WASHINGTON (Reuters) – U.S. worker productivity rebounded sharply in the second quarter, helping to curb growth in labor costs and…