By Vansh Agarwal (Reuters) -Bumble Inc beat estimates for first-quarter revenue on Thursday as user spending on its eponymous dating app remained strong despite a looming recession, sending the compan[...]
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May 4, 2023
Epstein accuser suing JPMorgan seeks to disqualify bank’s law firm
By Andrew Goudsward (Reuters) – A Jeffrey Epstein accuser suing JPMorgan Chase & Co for allegedly aiding the late financier’s sex trafficking of girls and women asked a judge to disqua[...]
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Block beats earnings expectations, shakes off short seller report
By Hannah Lang (Reuters) -Block Inc posted a rise in first-quarter revenue on Thursday as its popular payments platform Cash App continued to drive growth, a metric investors will watch closely follow[...]
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Heineken to invest $300 million in Brazil to expand premium beer portfolio
SAO PAULO (Reuters) – Heineken NV, the world’s second-largest brewer, said on Thursday it will invest 1.5 billion reais ($300.8 million) in Brazil as part of an expansion plan for its prem[...]
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Marketmind: Another day, another U.S. banking swoon
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. A sea of red on Wall Street and renewed turmoil across the U.S. regional banking sector on Thursday su[...]
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Pressure grows for regulatory intervention as US bank rout deepens
WASHINGTON (Reuters) -Pressure is growing on U.S. regulators to take more steps to shore up the country’s banking sector as a renewed rout in regional lenders’ shares forced PacWest Bancor[...]
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Fed data shows failed bank First Republic was key central bank borrower
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve data on Thursday showed a large part of the central bank’s emergency lending activities in recent weeks were tied up with the now-s[...]
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TIM makes last call on grid suitors to sweeten bids
(Reuters) – Telecom Italia (TIM) said on Thursday it would give suitors for its fixed network until June 9 to improve further their multibillion euros bids for the former phone monopoly’s[...]
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EOG, Coterra beat profit estimates on higher prices, oil demand
(Reuters) -U.S. shale producers EOG Resources Inc and Coterra Energy Inc beat first-quarter estimates on Thursday, joining their peers in benefiting from a sustained fuel demand and tight crude suppli[...]
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