By Caroline Valetkevitch NEW YORK (Reuters) -Shares of home and kitchen product maker Tupperware extended their sharp, unexplained gains on Thursday, rising more than 50% and putting the stock up nearly 350% during the last five trading days despite recent concerns about its business. The manufacturer’s stock rose as high as $3.75, its highest level…
By Kanishka Singh WASHINGTON (Reuters) – U.S. Vice President Kamala Harris on Thursday condemned any efforts to seize power by force in Niger and expressed deep concern over the attempted takeover in a call with Nigeria President Bola Tinubu, the White House said in a statement. Niger President Mohamed Bazoum remained held in the presidential…
By Luc Cohen NEW YORK (Reuters) – The top prosecutor on a U.S. government task force targeting Russian oligarchs’ assets as a means to pressure Moscow into ending its war in Ukraine said on Thursday he is leaving the Department of Justice. Andrew Adams, who has led the “KleptoCapture” task force since its inception in…
By Helen Reid LONDON (Reuters) -The owner of Westfield malls is looking to cash in on shopper traffic by charging brands to be featured on screens and in pop-up spaces, a business it aims to grow. Using its physical space for advertising is one way Unibail-Rodamco-Westfield can get more revenues per square foot as it…
(Reuters) – Walgreens Boots Alliance said on Thursday Chief Financial Officer James Kehoe will step down in mid-August to pursue an opportunity in the technology sector. The company named Manmohan Mahajan, who joined in 2016 and was previously global controller at the pharmacy chain, as interim global finance head while it conducts a search to…
By Michael Erman (Reuters) -Bristol Myers Squibb on Thursday said its second-quarter sales fell more than expected and cut its full-year forecasts as two of its top drugs, the blood cancer treatment Revlimid and blood thinner Eliquis, face generic competition. The company said sales of Revlimid and another blood cancer drug Pomalyst were also hurt…
By Chibuike Oguh NEW YORK (Reuters) -Global equity markets fell while the U.S. dollar gained on Thursday following news of stronger-than-expected U.S. economic growth despite consecutive interest rate hikes from the Federal Reserve and European Central Bank. U.S. gross domestic product (GDP) increased 2.4% in the second quarter, Commerce Department data on Thursday showed, beating…
By Laura Matthews NEW YORK (Reuters) – The dollar strengthened against the euro on Thursday, after better-than-expected U.S. economic data continue to foil investors’ expectation for relatively dovish monetary policy from the Federal Reserve. A recent string of strong data show that, for now, the U.S. is staving off a recession, increasing the likelihood that…
(Reuters) – GameStop said its finance chief Diana Saadeh-Jajeh will resign on Aug. 11, marking the second high-profile exit in two months and sending the shares of the videogame retailer down nearly 2% in extended trading. The company’s board had in June ousted its fifth CEO in five years, leading some analysts to question whether…
By Nichola Groom (Reuters) – First Solar Inc on Thursday announced plans to spend up to $1.1 billion on what will be its fifth U.S. factory to meet booming demand for American-made solar panels. It is the second time in the past year that the top U.S. panel maker has announced a major expansion of…
