By Deena Beasley (Reuters) -Eli Lilly and Co on Thursday said the U.S. Food and Drug Administration had rejected accelerated approval of its experimental Alzheimer’s drug because it had not subm[...]
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January 20, 2023
Mexico’s Banorte sees profitability boost for 2023, following strong Q4
MEXICO CITY (Reuters) -Mexico’s Grupo Financiero Banorte expects to grow its profitability in 2023, it said on Thursday, after reporting a 28% year-on-year increase in fourth-quarter net income.[...]
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Chile’s LATAM airline sees 2023 revenue taking off, up at least 15%
(Reuters) -LATAM Airlines, South America’s largest carrier, sees double-digit revenue growth this year, according to company guidance published in a statement on Thursday, as many airlines chart[...]
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Amazon to hike prices of some music subscription plans from Feb
(Reuters) – E-commerce giant Amazon.com Inc said on Thursday it will increase the prices of some of its music subscription plans from February. The price of Amazon Music’s ‘Unlimited[...]
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Wall St slips as labor market data fuels Fed worry
By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stock indexes closed lower on Thursday after data pointing to a tight labor market renewed concerns the Federal Reserve will continue its aggressiv[...]
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Brazil court grants bankruptcy protection for retailer Americanas
By Gabriel Araujo, Peter Frontini and Carolina Pulice SAO PAULO (Reuters) -A Rio de Janeiro court on Thursday accepted Brazilian retailer Americanas SA’s bankruptcy protection request, days afte[...]
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Brazil’s central bank will act independently, governor says
BRASILIA (Reuters) – Brazil’s central bank will act independently, governor Roberto Campos Neto said Thursday, adding that the formal autonomy status showed resilience and capacity to stab[...]
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Fed’s Williams says Fed needs more rate rises to cool inflation
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Bank of New York President John Williams said on Thursday the U.S. central bank has more rate hikes ahead and sees signs inflationary pre[...]
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Nordstrom cuts annual profit outlook as off-price Rack sales fall
By Deborah Mary Sophia (Reuters) – Nordstrom Inc slashed its annual profit forecast after heavy discounting failed to sway people shopping at its off-price Rack stores, leading to weak holiday s[...]
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