Analysis-Investors Worry That U.S. Profit Forecasts Are Too High
By Caroline Valetkevitch NEW YORK (Reuters) – Concerns are growing that U.S. corporate earnings are increasingly at risk from dizzying…
Headlines
HSBC Leaves Best Lending Rate Unchanged At 5% Despite Central Bank Hike
HONG KONG (Reuters) – HSBC Holdings said on Thursday it will leave its best lending rate unchanged in Hong Kong…
Abbott Pauses Baby Formula Production In Michigan After Heavy Rains
(Reuters) -Abbott Laboratories said on Wednesday it has stopped production of its EleCare specialty formula after severe storms in southwestern…
Asia FX Bears Hit Record High On Hawkish Fed, China Growth Worries: Reuters Poll
By Shashwat Awasthi and Savyata Mishra (Reuters) – Bearish bets on several Asian currencies hit a record high in the…
FCC Says Most Requests For Funds To Replace Chinese Telecom Equipment Are Deficient
By David Shepardson WASHINGTON (Reuters) – The Federal Communications Commission (FCC) told Congress on Wednesday it had found deficiencies in…
Global Port Congestion, High Shipping Rates To Last Into 2023 – Execs
By Jeslyn Lerh SINGAPORE (Reuters) – Global port congestion is set to continue until at least early 2023 and keep…
Nasdaq-listed 26 Capital To Pursue $2.5 Billion SPAC Deal With Manila Casino
By Neil Jerome Morales MANILA (Reuters) – The CEO of 26 Capital Acquisition Corp said on Wednesday the blank-check firm…
Australia commits to reducing greenhouse emissions by 43%
CANBERRA, Australia (AP) — Australia’s new government on Thursday formally committed to a more ambitious greenhouse gas reduction target of…
Elon Musk Expected To Confirm Desire To Own Twitter In Meeting Thursday – WSJ
(Reuters) -Elon Musk is expected to reiterate his desire to own Twitter Inc when he speaks to the social-media company’s…
Analysis-Overlapping Rules To Curb Greenwashing May Only Add To Company Frustration
By Huw Jones and Simon Jessop LONDON (Reuters) – Three competing plans to curb companies from exaggerating their green credentials…