MEXICO CITY (Reuters) – Cargo airlines operating out of Mexico’s busiest airport will have until July to leave the hub, a decree published in the country’s national gazette Thursday[...]
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February 3, 2023
Investor Ryan Cohen takes stake in Nordstrom – WSJ
(Reuters) – Activist investor Ryan Cohen is racking up a sizable stake in Nordstrom Inc and plans to urge the department-store chain to make changes to its board after a decline in share prices,[...]
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Qualcomm sees earnings below Street as smartphone market sags
By Chavi Mehta and Jane Lanhee Lee BENGALURU/OAKLAND, Calif (Reuters) – Qualcomm Inc forecast second-quarter revenue and profit below Wall Street estimates on Thursday as the chipmaker grapples[...]
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Starbucks’ grande-sized sales drop in China squeezes profits
By Deborah Mary Sophia and Hilary Russ (Reuters) -Starbucks’ quarterly sales decline in China was four times worse than the coffee chain expected and it has no “line of sight” into w[...]
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RBA to lift rates 25 bps on Feb 7, once more to 3.60% in March: Reuters poll
By Devayani Sathyan and Sujith Pai BENGALURU (Reuters) – The Reserve Bank of Australia will deliver a fourth successive quarter-point interest rate hike on Tuesday and is likely to follow up wit[...]
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Amazon’s outlook disappoints as customer budgets stay tight
By Jeffrey Dastin and Tiyashi Datta (Reuters) – Amazon.com Inc on Thursday said its operating profit could fall to zero in the current quarter as savings from layoffs do not make up for the fina[...]
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Ransomware attack on data firm ION could take days to fix -sources
By James Pearson and Danilo Masoni LONDON/MILAN (Reuters) -A ransomware attack that hit ION Trading UK could take days to fix, leaving scores of brokers unable to process derivatives trades, sources f[...]
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Indonesia’s economy likely lost some steam in Q4: Reuters poll
By Veronica Dudei Maia Khongwir BENGALURU (Reuters) – Indonesia’s economic growth likely slowed in the fourth quarter as declining commodity and energy prices hit exports, and a widely exp[...]
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Alphabet disappoints on sales as ad business slips after pandemic run-up
By Greg Bensinger and Nivedita Balu (Reuters) -Alphabet Inc on Thursday posted fourth-quarter profit and sales short of Wall Street expectations as Google’s advertising clients pulled back spend[...]
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