SAO PAULO (Reuters) – Brazilian meatpacker Marfrig Global Foods SA on Wednesday posted a fourth-quarter net loss of 628 million reais ($121 million), falling below estimates of a net profit for[...]
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March 1, 2023
Dollar drops as commodity currencies gain on China optimism; euro rises on hot inflation
By Gertrude Chavez-Dreyfuss and Herbert Lash NEW YORK (Reuters) – The U.S. dollar fell across the board on Wednesday, weighed down by firmer commodity currencies that benefited from China’[...]
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Fed officials debate higher vs. just longer after January inflation jump
By Howard Schneider and Ann Saphir WASHINGTON (Reuters) -U.S. Federal Reserve officials were divided Wednesday over whether recent high inflation data and a continually hot jobs market will require ev[...]
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US panel backs GSK vaccine, heating up RSV vaccine race
By Khushi Mandowara and Mariam ESunny (Reuters) -A panel of outside advisers to the U.S. health regulator on Wednesday backed GSK Plc’s respiratory syncytial virus (RSV) vaccine, setting it up f[...]
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American Eagle Outfitters beats revenue estimates on steady demand
(Reuters) – American Eagle Outfitters on Wednesday topped analysts’ estimates for quarterly revenue, as consumers returning to work and social events thronged its stores for buying apparel[...]
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Salesforce forecasts upbeat quarterly revenue on cloud boost
(Reuters) -Salesforce Inc on Wednesday forecast first-quarter revenue above Wall Street estimates as pandemic-induced migration to hybrid-work models boosts demand, sending the cloud-based software pr[...]
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Fed Chair Powell to testify at House Financial Services Committee March 8
(Reuters) – Federal Reserve Chair Jerome Powell will testify on the U.S. central bank’s semiannual monetary policy report to the House Financial Services Committee on March 8 at 10 a.m. ET[...]
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US stocks mostly decline, Treasuries dip as inflation worries linger
By Lawrence Delevingne and Nell Mackenzie (Reuters) -Two of three major Wall Street stock indexes declined on Wednesday, while Treasury yields marched higher, as new inflation indicators from China, G[...]
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Brazil’s Americanas execs omitted info to audit committee, local media reports
SAO PAULO (Reuters) – The management of troubled Brazilian retailer Americanas SA denied the existence of the financial operations that led to an accounting scandal early this year, a report by[...]
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