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
Turkey cenbank's net forex reserves negative for first time since 2002
ANKARA The Turkish central bank's net forex reserves dropped into negative territory for the first time since 2002,
2023-05-25 20:20
Markets suffer a debt ceiling-induced vibe shift
There are just four trading days left until the United States hits its "X" day — the ominous-sounding hard deadline for the government to raise the debt ceiling or risk defaulting on its obligations, according to the US Treasury. Investors are starting to squirm.
2023-05-25 20:18
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
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
Royal Bank of Canada second-quarter profit drops on higher provisions
Royal Bank of Canada reported a drop in second-quarter profit on Thursday, as tough economic conditions spurred the
2023-05-25 18:23
Target is being held hostage by an anti-LGBT campaign
During every Pride Month in June for the past decade, Target has sold merchandise for LGBTQ customers, employees and allies. But this year, Target faced an anti-LGBTQ campaign that went viral on social media.
2023-05-25 18:22
Armani sales up 18% in Q1 as Asia rebounds, U.S. slows down
MILAN Italy's Armani said on Thursday that sales jumped 18% in the first quarter thanks to a rebound
2023-05-25 18:16
CIBC posts decline in second-quarter profit on loan loss provisions
CIBC reported a decline in second-quarter profit on Thursday, as the Canadian lender set aside higher provisions to
2023-05-25 17:53
Great Wall Motor says rival BYD failing on hybrid emissions
SHANGHAI/BEIJING (Reuters) -Great Wall Motor has filed a report with China's regulators against BYD, it said on Thursday, claiming its
2023-05-25 17:48
Germany falls into recession as inflation hits economy
Rising prices have dampened demand from households and businesses in Europe's largest economy.
2023-05-25 17:15
Euro slips as Germany enters recession, dollar hits 2-month peak
By Kevin Buckland and Samuel Indyk LONDON The euro dropped on Thursday as Europe's largest economy Germany was
2023-05-25 16:45