(Reuters) - Target Corp cut its full-year profit forecast on Wednesday while turning in a weak first quarter with disappointing sales, as a chilly start to spring kept shoppers from buying seasonal items like clothing. Target warned in April its firs... [Full Article]
Lowe's first-quarter net income rose almost 3 percent, even as a wet and cool spring dampened sales of gardening products. But the home improvement chain's quarterly performance missed Wall Street's expectations. ... (Source: Associate... [Full Article]
By Luke Baker BRUSSELS (Reuters) - European leaders will discuss how to combat aggressive tax avoidance by major companies such as Amazon, Google and Apple at a summit on Wednesday, and cut the estimated 1 trillion euros a year the EU loses to tax ev... [Full Article]
By Megan Davies MOSCOW (Reuters) - Foreign banks that once treated Russia as virgin land where easy money could be made are now finding it a cut-throat market tougher than some bargained for. While players such as Citi and Austria's Raiffeisen t... [Full Article]
By Stanley White and Leika Kihara TOKYO (Reuters) - The Bank of Japan kept policy steady on Wednesday despite concerns over recent volatility in bond market, saying growth is starting to pick up even as risks loomed from an uncertain global outlook. ... [Full Article]
By Masayuki Kitano and Vidya Ranganathan SINGAPORE (Reuters) - Asian stocks rose on Wednesday following a positive lead from Wall Street, with Japan's Nikkei reaching a fresh 5-1/2 year high and clinging to its gains as the Bank of Japan stood p... [Full Article]
Reuters Markete Eye - The BSE Sensex gains 0.39 percent, while the broader Nifty is up 0.4 percent. Asian stocks rose on Wednesday following a positive lead from Wall Street. Technology companies gain as recent falls in the rupee are making the secto... [Full Article]
MUMBAI (Reuters) - Shares in Tech Mahindra Ltd rose as much as 6.8 percent on Wednesday after its January-March quarter net profit rose 24 percent, beating estimates. Tech Mahindra said its March-quarter consolidated net profit rose 24.4 percent to 3... [Full Article]
By Ian Chua SYDNEY (Reuters) - Asian stocks rose on Wednesday following a positive lead from Wall Street with Japan's Nikkei reaching a 5-1/2 year high, while the yen took a defensive stance ahead of the outcome of the Bank of Japan's (BOJ)... [Full Article]
By Ian Chua SYDNEY (Reuters) - Asian stocks rose on Wednesday following a positive lead from Wall Street with Japan's Nikkei reaching a 5-1/2 year high, while the yen took a defensive stance ahead of the outcome of the Bank of Japan's (BOJ)... [Full Article]
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