PARIS (Reuters) -Indebted French supermarket chain Casino said on Monday it had agreed an initial deal to sell its stake in Latin American retailer Almacenes Exito to Grupo Calleja. Casino's board on Friday approved a pre-agreement to sell its entire…
By Valentina Za, Giuseppe Fonte and Elisa Anzolin MILAN (Reuters) -Elena has a seven-month old baby and is about to quit her job, unable to overcome the difficulties of combining motherhood and work in Italy, where both women's employment and…
By Sinéad Carew, Shashwat Chauhan and Ankika Biswas (Reuters) - The S&P 500 and the Nasdaq closed lower on Friday as deteriorating consumer sentiment data and the Middle East conflict soured investors on riskier bets and overshadowed upbeat quarterly earnings…
NEW YORK (Reuters) -Major U.S. banks said on Friday higher interest rates boosted profits even though the economy was slowing and consumers showed signs of more cautious behavior. JPMorgan, Wells Fargo and Citigroup's earnings indicated higher U.S. Federal Reserve interest…
By Tom Hals WILMINGTON, Delaware (Reuters) -Tesla Inc urged a Delaware judge on Friday to reject $230 million in legal fees requested by a team of shareholder attorneys who won a settlement in a dispute over director pay, and the…
(Reuters) - Several global companies have temporarily shut some operations in Israel and asked their employees to work from home after the country came under a surprise attack by Palestinian Islamist group Hamas over the weekend, prompting a swift response.…
By Jaiveer Shekhawat (Reuters) -PNC Financial Services Group said on Friday it is cutting about 4% of its workforce and reported a drop in third-quarter profit, as a surge in funding costs offset higher interest from its assets. The bank…
By Paul Sandle, Yadarisa Shabong and Aditya Soni LONDON (Reuters) - Xbox maker Microsoft closed its $69 billion deal for Activision Blizzard on Friday, swelling its heft in the video-gaming market with best-selling titles including "Call of Duty" to better…
By Rodrigo Campos NEW YORK (Reuters) - Non-residents pulled $13.8 billion from their emerging market portfolios in September as the prospect of higher interest rates in the developed world for a longer period continues to weigh on EM assets globally,…
By Nupur Anand and Lananh Nguyen NEW YORK (Reuters) - Most young Americans have cut their spending in response to persistent inflation over the past year, a Bank of America survey showed on Friday. Seventy three percent of Gen Z…
