Companies are finding it's not so simple to leave Russia. Others are quietly staying put
When Russia invaded Ukraine, companies were quick to respond, some announcing they would get out of Russia immediately
2023-05-25 21:22
Chemical maker Dow signs supply agreement for bio-plastic materials
U.S. chemical maker Dow Inc said on Thursday it had signed a long-term supply agreement with bio-conversion company
2023-05-25 21:21
The US economy grew faster in the first quarter than previously reported
US economic growth in the first three months of the year was faster than previously estimated, the Commerce Department reported on Thursday.
2023-05-25 20:54
Ramaphosa Rules Out South Africa Abandoning Neutral Stance on War in Ukraine
South Africa’s president insisted his country won’t be drawn into taking sides in the conflict between Russia and
2023-05-25 20:49
Ralph Lauren posts surprise rise in quarterly sales on steady demand
(Reuters) -Ralph Lauren Corp reported a surprise rise in fourth-quarter revenue on Thursday, as affluent U.S. shoppers snapped up its
2023-05-25 20:25
Dollar Tree cuts annual profit forecast on slowing demand
(Reuters) -Dollar Tree Inc on Thursday cut its annual profit forecast as high inflation dampens demand for higher-margin items such
2023-05-25 19:54
Citi’s $7 Billion Banamex Sale Scuttled as AMLO Intervenes
Citigroup Inc. spent 16 months preparing its Banamex unit for a sale that ultimately fizzled after meddling by
2023-05-25 19:49
Turkey Holds Rate Again With Lira Feeling Heat Before Runoff
Turkey’s central bank extended its interest-rate pause for a third month as it tries to keep the lira
2023-05-25 19:27
The F-16 Jets Kyiv Wants Won’t Fly in Ukraine Any Time Soon
Ukraine faces a long wait before it can deploy F-16s against Russia, as US and European allies begin
2023-05-25 19:26
Best Buy beats quarterly profit estimates
(Reuters) -Best Buy Co Inc on Thursday beat quarterly profit estimates, as its promotional programs aided higher sales even as
2023-05-25 19:18
Goldman Says US Mutual Funds Suffer From Big Tech Aversion
A reluctance by US mutual funds to invest in big tech stocks, which have staged a ferocious rally
2023-05-25 18:59
ECB’s Guindos Says Wages, Margins Pose Upside Inflation Risk
European Central Bank Vice President Luis de Guindos said upside dangers to inflation stem from rising wages and
2023-05-25 18:47