Pakistan cuts growth forecast, foreign exchange reserves drop
By Asif Shahzad ISLAMABAD (Reuters) – Pakistan has cut its GDP growth estimate for fiscal year 2022-23 to 0.29%, from…
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Dollar Tree cuts profit target on slowing demand, higher costs; shares slump
By Aatrayee Chatterjee and Granth Vanaik (Reuters) -Dollar Tree Inc on Thursday trimmed its full-year profit forecast after missing quarterly…
Kurds fear Erdogan win amid sharper nationalist rhetoric
By Burcu Karakas and Umit Ozdal ISTANBUL/DIYARBAKIR (Reuters) -Kurds opposed to President Tayyip Erdogan fear victory for him in Turkey’s…
Suez traffic returns to normal after ship briefly stranded
CAIRO (Reuters) -Tugboats managed to move a large ship that had been stranded for several hours in the Suez Canal…
Medtronic’s profit forecast hit by stronger dollar, inflation
By Bhanvi Satija and Raghav Mahobe (Reuters) -Medtronic Plc on Thursday forecast annual profit below Wall Street estimates, as a…
U.S. triple-A credit rating put on downgrade notice by DBRS
LONDON (Reuters) -The United States was put on review for a downgrade by credit rating agency DBRS Morningstar on Thursday…
Best Buy says demand weakness to bottom out by year end, sales decline narrows
By Savyata Mishra (Reuters) -Best Buy Co Inc on Thursday posted a smaller-than-expected drop in comparable sales and said inflation-induced…
Who is Ron DeSantis, 2024 presidential candidate?
By James Oliphant (Reuters) -Florida Governor Ron DeSantis, who announced on Wednesday he is seeking the 2024 Republican presidential nomination,…
Turkey’s cenbank holds policy rate at 8.5% ahead of election runoff
By Ali Kucukgocmen and Ece Toksabay ANKARA (Reuters) -Turkey’s central bank kept its policy rate at 8.5% on Thursday as…
South Korea, US hold largest live-fire drills to respond to ‘full-scale’ attack
By Soo-hyang Choi and Daewoung Kim SEOUL/POCHEON, South Korea (Reuters) -South Korean and U.S. forces began live-fire exercises simulating a…