Turkish banks trim deposit rates as margins pressured -sources
By Ebru Tuncay ISTANBUL (Reuters) – Some Turkish banks have begun to cut their lira deposit rates to ease pressure on margins, banking sources said, after rising interest rates during the central…
Swing District Republicans Won Midterms By Large Margins In Previous Blue Strongholds
Swing District Republicans Won Midterms By Large Margins In Previous Blue Strongholds Arjun Singh on November 21, 2022 Republicans won swing House districts by large margins in blue states where President Joe…
Lower cattle prices to fatten Brazilian meatpackers’ margins, analysts say
By Nayara Figueiredo SAO PAULO (Reuters) – A decline in Brazilian cattle prices this year and strong demand for the country’s beef exports will widen Brazilian meatpackers’ margins in the short term,…
OMV: Q3 retail and commercial margins increased q/q
BERLIN (Reuters) -Austrian oil and gas group OMV said on Monday its retail and commercial margins increased in the third quarter from the second. OMV also said a mechanical incident at its…
Gap eliminates 500 corporate jobs amid shrinking margins
(Reuters) – Gap Inc is eliminating about 500 corporate jobs, the apparel chain said on Tuesday, as it struggles to protect margins and battles weak sales of outdated clothes at brands including…
Bargain cruises may hurt Carnival margins
By Doyinsola Oladipo NEW YORK – Carnival Corp is expected to report a smaller quarterly loss and a spike in revenue when it announces second-quarter results on Friday, but bargain-basement prices for…
Refining margins, fuel costs surge on fallout from Russian invasion
By Stephanie Kelly NEW YORK – Refining profits, or margins, from turning crude oil into products such as gasoline and diesel are ballooning, and could surge further after the United States, the…
Canadian banks set for 1st-qtr profit growth, but costs, margins could deal blow
By Nichola Saminather TORONTO – Canadian banks are set to report higher first-quarter earnings from a year ago, thanks to low provisions for credit losses and improving loan demand, but rising costs…
Wall Street eyes Walmart results for signs of tighter margins, slower growth
By Arriana McLymore and Siddharth Cavale NEW YORK, NY – When Walmart on Thursday reports how it fared during the holiday quarter, investors also will want to see how higher labor, transportation…
Kellogg’s labor strike to eat into margins as supply woes mount
By Mehr Bedi – A nearly three-month long labor strike at Kellogg’s U.S. cereal plants is expected to dent profit margins already under pressure from steep costs driven by global supply logjams.…
ANZ shares near one-year low as home lending competition crimps margins
By Shashwat Awasthi – Australia and New Zealand Banking Group on Monday joined rival Westpac in flagging lower margins and warned of a first-half hit from “softer” performance in its markets business,…
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