UniCredit To Use 300 Million Euro Charges For Voluntary Staff Exits-sources
MILAN (Reuters) – UniCredit will use restructuring charges it is set to book this year to fund voluntary exits after…
Reuters
TikTok To Launch Ad Product That Will Give Premium Content Creators 50% Cut
(Reuters) – TikTok said on Wednesday it is launching a product that well let advertisers place ads alongside content produced…
UAW Not Yet Endorsing Biden For Second Term Citing EV Policies
WASHINGTON (Reuters) – United Auto Workers (UAW) President Shawn Fain said the Detroit-based union is not yet endorsing President Joe…
Marriott Beats Wall Street Estimates On China Recovery
(Corrects to say Marriott gets a “big portion”, not “bulk”, of its revenue from outside the U.S. in paragraph 6)…
World Bank Board Poised To Elect US Nominee Ajay Banga As President
By Andrea Shalal and David Lawder WASHINGTON (Reuters) – The World Bank’s 25-member executive board on Wednesday is poised to…
Carl Icahn’s Investment Firm Tumbles 18% After Hindenburg Attack
(Reuters) – Shares of activist investor Carl Icahn’s investment firm lost nearly a fifth of their value on Wednesday, a…
Exclusive-Barrick Not Interested In Bidding For Teck’s Copper Assets
By Divya Rajagopal TORONTO (Reuters) -Barrick Gold Corp is not interested in bidding for the copper assets of Teck Resources…
Recession Talk Tapers Off On Latest Quarterly Conference Calls
By Noel Randewich (Reuters) -While Wall Street frets that the Federal Reserve’s aggressive interest rate hikes will tip the U.S….
Boeing Supplier Spirit Aero Flags $31 Million Hit From 737 Fuselage Defect
(Reuters) – Spirit AeroSystems Holdings Inc said on Wednesday it expects a $31 million hit to full-year gross profit from…
Loblaw Reports Higher Quarterly Sales On Strong Demand For Groceries, Drugs
(Reuters) -Canadian retailer Loblaw Companies Ltd on Wednesday reported first-quarter sales rose 6%, helped by strong demand for essential goods…