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Month: May 2022

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Snap expects to miss revenue target, slow down hiring

2022-05-24 admin 0

  By Sheila Dang   Reuters – Snap Inc expects to miss its quarterly revenue targets, the company said in a filing on Monday, and will slow […]

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U.S. business borrowing for equipment rises 7% in April- ELFA

2022-05-24 admin 0

  Reuters – U.S. companies borrowed 7 more in April to finance their investments in equipment compared to a year earlier, the Equipment Leasing and Finance […]

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Russian rouble leaps to near 7-year high vs euro

2022-05-24 admin 0

  The Russian rouble firmed more than 6% against the euro on Monday to a near seven-year high, boosted by capital controls, strong oil prices and […]

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Bank of Korea to raise rates again on May 26, to hit 2.25% by year end – Reuters poll

2022-05-24 admin 0

  BENGALURU Reuters – South Koreas central bank is likely to hike its benchmark rate at a second consecutive meeting on Thursday to combat inflation running […]

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Analysis-Beaten-down U.S. retail stocks may still be too pricy for investors

2022-05-24 admin 0

  By Lewis Krauskopf and Sinéad Carew   NEW YORK Reuters – Shares of U.S. retailers and consumeroriented stocks took a beating last week, but may not […]

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Dutch PM says EU consensus on Russian sanctions possible this week

2022-05-24 admin 0

  DUBLIN Reuters – Dutch Prime Minister Mark Rutte said on Monday that he believes the European Union can reach a consensus within the next week […]

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Zoom bets on hybrid work to raise full-year profit forecast

2022-05-24 admin 0

  Reuters Zoom Video Communications Inc on Monday raised its fullyear adjusted profit forecast, signaling robust demand for its videoconferencing tools in a hybrid work environment, […]

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EU plans first joint gas buying before winter

2022-05-24 admin 0

  By Kate Abnett   BRUSSELS Reuters – The European Union plans to start jointly buying gas before winter, the blocs energy policy chief said on Monday, […]

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Top anti-inflation official in Argentina resigns as prices surge

2022-05-24 admin 0

  BUENOS AIRES Reuters – A senior official in Argentina charged with leading government efforts to tame skyhigh inflation resigned on Monday due to differences over […]

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South Korean inflation expectations at near decade high – survey

2022-05-24 admin 0

  A key measure of inflation expectations among South Koreans rose in May for a fourth consecutive month to its highest in nearly a decade, a […]

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