By Juveria Tabassum (Reuters) -Campbell Soup on Wednesday beat quarterly estimates and raised its forecast for annual net sales growth, banking on a recovery in demand for its soups and frozen meals a[...]
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June 5, 2024
ASML shares rise on CFO Dassen’s comments on orders
AMSTERDAM (Reuters) – ASML shares rose on Wednesday after a Jefferies analyst report cited comments from CFO Roger Dassen which suggested he was positive about the possibility of orders coming t[...]
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Fed to Cut Rates Twice this Year but Doubt Still Lingers
By Indradip Ghosh BENGALURU (Reuters) – The U.S. Federal Reserve will cut its key interest rate in September and once more this year, according to a majority of forecasters in a Reuters poll tha[...]
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Backlash blunts edges of UK watchdog’s ‘naming and shaming’ plan
By Kirstin Ridley and Huw Jones LONDON (Reuters) – Britain’s markets regulator is expected to narrow down plans to name companies under investigation, four lawyers told Reuters, after a go[...]
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Trafigura settles $8.4 million lawsuit with Reuben Brothers firm
By Eric Onstad LONDON (Reuters) – Commodity trader Trafigura has settled a lawsuit filed by a firm owned by property and metals tycoons the Reuben brothers, Trafigura said on Wednesday, in a cas[...]
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Elections roil markets as biggest race looms in packed 2024
By Libby George and Naomi Rovnick LONDON (Reuters) – Election results in Mexico, South Africa and India jolted currencies and stocks alike, a stark reminder that politics still matter for market[...]
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Spirit Aero CFO to depart amid cash flow struggles, Boeing talks
(Reuters) -Spirit AeroSystems said on Wednesday that finance chief Mark Suchinski would depart the aerospace supplier amid cash flow struggles and ongoing talks to merge with its former owner Boeing.[...]
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China’s CITIC cuts CLSA offshore banker base pay by up to 30%, sources say
By Selena Li HONG KONG (Reuters) – China’s CITIC Securities is cutting the base salary of more than 100 bankers at its offshore platform CLSA amid a drop in deal making and pressure to nar[...]
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Zara owner Inditex boosted by pick-up in Spring sales
By Corina Pons MADRID (Reuters) -Zara owner Inditex reported a pick-up in recent sales from its Spring/Summer collections, boosting its shares on Wednesday as the world’s top fashion retailer de[...]
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