China's Alibaba to scrap cloud unit spinoff in response to US chip curbs
(Reuters) -China's Alibaba Group Holding said on Thursday it will scrap the spin off of its cloud unit in response
1970-01-01 08:00
Macy's shares surge on smaller-than-expected sales drop, improved margins
Macy's on Thursday reported an improvement in margins and a lower-than-expected drop in quarterly sales, sending its shares
1970-01-01 08:00
Walmart lifts targets as shoppers pick low-priced groceries for the holiday
Walmart raised its annual sales and profit forecast on Thursday for the second straight quarter, signaling a strong
1970-01-01 08:00
Poland's Allegro shares weighed down by international weakness
(Reuters) -Poland's biggest e-commerce platform Allegro expects losses in its international segment in the fourth quarter, it said on Thursday,
1970-01-01 08:00
EFG shares jump 3% following record profitability
ZURICH EFG International shares were up 3% early on Thursday after the Swiss private bank reported net profit
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Siemens expects sales growth to slow in 2024 after record Q4
By Christoph Steitz and Alexander Hübner FRANKFURT Siemens on Thursday gave a more cautious sales outlook for 2024,
1970-01-01 08:00
Britain's Burberry hit by slowdown in luxury spending
By Paul Sandle LONDON (Reuters) -Britain's Burberry said it was being hit by a global slowdown in luxury spending and
1970-01-01 08:00
Dutch insurer Aegon hikes capital generation target on US strength
Dutch Insurer Aegon raised its full-year capital generation forecast on Thursday, driven by a strong performance in the
1970-01-01 08:00
Cisco cuts annual forecasts on slowdown in new orders
(Reuters) -Cisco Systems cut its full-year revenue and profit forecasts on Wednesday in a sign that demand for its networking
1970-01-01 08:00
Alstom's main shareholder CDPQ welcomes action plan to improve group financials
PARIS Canadian investment group CDPQ, Alstom's largest shareholder, on Wednesday welcomed the trainmaker's action plan to improve its
1970-01-01 08:00
Contract drugmaker Catalent shows signs of recovery in Q1 revenue beat
(Reuters) -Catalent beat Wall Street's estimates for first-quarter revenue on Wednesday, as the contract drug manufacturer showed signs of improvement
1970-01-01 08:00
TJ Maxx parent lifts annual targets on steady off-price demand
(Reuters) -TJX Cos raised its annual sales and profit forecasts on Wednesday, boosted by steady demand from budget-conscious customers looking
1970-01-01 08:00