LONDON (Reuters) – The European Union’s markets watchdog said on Friday that a ‘quality label’ for market benchmarks would help […]
Xiaomi posts 20% revenue fall, hurt by China COVID curbs
By Josh Horwitz SHANGHAI (Reuters) -China’s Xiaomi Corp posted a steep drop in second quarter revenue on Friday as the […]
Cineworld shares slump on report bankruptcy filing is being prepared
(Reuters) -Cineworld Group, the world’s second largest cinema chain operator, is preparing to file for bankruptcy, the Wall Street Journal […]
Foot Locker appoints former Ulta Beauty head Mary Dillon as CEO
(Reuters) -Foot Locker Inc said on Friday it had appointed former Ulta Beauty <ULTA.O> head Mary Dillon as its chief […]
Canadian Cardinal Ouellet denies accusations of sexual assault
VATICAN CITY (Reuters) -Canadian Cardinal Marc Ouellet denied on Friday accusations of sexual assault levelled against him by a woman […]
Fed has ‘a lot of time’ before next rate decision needs to be made, Barkin says
By Howard Schneider OCEAN CITY, Md. (Reuters) – U.S. central bank officials have “a lot of time still” before they […]
Wayfair to cut 870 jobs, shares down 17%
By Doyinsola Oladipo (Reuters) -Online furniture retailer Wayfair Inc said on Friday it would cut about 870 jobs, or 5% […]
Stocks rebound shows the devil in the retail: McGeever
By Jamie McGeever ORLANDO, Fla. (Reuters) – Retail investors are back. In fact, they never went away. The recent rebound […]