By Eva Mathews (Reuters) – Netflix Inc is expected to report its slowest quarterly revenue growth on Thursday as its ad-supported plan struggles to attract customers in the saturating U.S. marke[...]
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January 17, 2023
Investor Ryan Cohen builds Alibaba stake, wants more share buybacks
By Svea Herbst-Bayliss (Reuters) -Billionaire investor Ryan Cohen has built a stake in China’s Alibaba Group worth hundreds of millions of dollars and is pushing the e-commerce giant to increase[...]
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Greenlight marks stellar 2022 on shorting tech stocks
(Reuters) – Hedge fund manager Greenlight Capital said on Tuesday its fund rallied 36.6% in 2022 in one of its best years ever, thanks to a profitable long book and shorting technology stocks. B[...]
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Davos 2023: EU to counter U.S. climate game changer with own green deal
By Maha El Dahan and Jan Strupczewski DAVOS, Switzerland (Reuters) – The European Union responded on Tuesday to U.S. moves to boost its energy transition with its own plans to make life easier f[...]
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Amazon will not cut jobs in Italy, unions say after meeting
MILAN (Reuters) – Amazon does not plan to cut any jobs in Italy despite a drop in volumes last year, trade unions said on Tuesday after a video meeting with a company representative. Amazon.com[...]
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NY Fed finds relatively benign factors drive recent discount window borrowing rise
By Michael S. Derby NEW YORK (Reuters) – A recent uptick in borrowing at a central bank facility that has historically provided emergency credit is likely tied to small bank liquidity management[...]
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Factbox-European companies cut jobs as economy sputters
(Reuters) – Decades-high inflation and the impact of war in Ukraine have forced companies across Europe into lay-offs or hiring freezes. Here are some of the companies that have announced cuts:[...]
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Stocks ease with Goldman shares; dollar dips vs yen
By Caroline Valetkevitch NEW YORK (Reuters) – Stocks on Wall Street mostly declined Tuesday following disappointing quarterly results from Goldman Sachs and other companies, while the dollar wea[...]
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Analysis-Bond traders get their swagger back in rate-obsessed markets
By Lananh Nguyen NEW YORK (Reuters) -Bond traders are stars again on Wall Street. Fixed income, currencies and commodities (FICC) traders bolstered bank profits last year despite dreary deal markets.[...]
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