Gap To Lay Off About 1,800 Employees In Second Round Of Job Cuts
(Reuters) -Gap Inc said on Thursday it would cut about 1,800 jobs in a second round of layoffs, joining a…
Reuters
Russian Rouble Steadies On Eve Of Central Bank Rate Decision
By Alexander Marrow (Reuters) – The rouble steadied on Thursday, with the market looking ahead to Friday’s interest rate decision,…
Caterpillar’s Profit Rises On Resilient Demand But May Have ‘peaked Out’
By Bianca Flowers and Aishwarya Nair (Reuters) – Heavy machinery maker Caterpillar Inc topped Wall Street expectations with a 31%…
AbbVie Raises As Humira Demand Holds Steady
(Reuters) – AbbVie Inc on Thursday raised its 2023 profit forecast on a less-than-feared hit to U.S. sales of arthritis…
Oil Prices Stabilise After Hefty Losses
By Rowena Edwards LONDON (Reuters) – Oil prices were steady on Thursday after a price drop the previous day reversed…
Spain’s Acerinox Tops Profit Forecast On U.S. Demand
By Matteo Allievi and Natalia Siniawski (Reuters) – Spanish steelmaker Acerinox beat first quarter net profit expectations on Thursday, driven…
Allegations Against Former Barclays CEO Staley ‘very Serious’ – CEO
By Lawrence White LONDON (Reuters) – Allegations made against British bank Barclays’ former CEO Jes Staley regarding his ties with…
UK Watchdog Defends Microsoft Block In Face Of Onslaught From Companies
LONDON (Reuters) – The boss of Britain’s antitrust regulator said blocking Microsoft’s acquisition of ‘Call of Duty’ maker Activision Blizzard…
Barclays Beats Profit Expectations On Credit Card Boom
By Lawrence White and Iain Withers LONDON (Reuters) -Barclays reported better than expected first-quarter profit on Thursday after a strong…
Toyota Edges Past 9.1 Million Vehicle Output Goal, Warns Chip Shortage Lingering
TOKYO (Reuters) – Japan’s Toyota Motor Corp set a global annual output record in the business year ended in March,…