Maju Samuel

India

Desk Editor at Reuters

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Articles

Dollar General Lifts Annual Targets as Shoppers Flock amid Tariff Fears

3 days ago | gurutrade.com | Juveria Tabassum |Maju Samuel

Seeing more middle- and higher-income consumers, CEO says Dollar General reduces Chinese imports to mitigate tariff impact Beats Q1 results on sales and profit Shares jump 14% June 3 (Reuters) - Dollar General raised its annual targets after beating estimates for quarterly profit and same-store sales and said more consumers across income groups came in to shop at its stores amid tariff-related uncertainty and still-high inflation.
Investors pour into European equity funds, flee U.S. on tariff woes

1 month ago | today.westlaw.com | Patturaja Murugaboopathy |Gaurav S Dogra |Maju Samuel

(Reuters) -European equity funds drew massive inflows in the week ended April 16, while U.S. funds faced hefty outflows, as investors continued to shift capital on concerns over U.S. trade tariffs and mounting worries over the strength of the U.S....
Two funds managed by UK's Foresight Group LLP to buy Harmony Energy in $278 million deal

1 month ago | today.westlaw.com | Shailesh Kuber |Maju Samuel

(Reuters) - Two funds managed by British investment manager Foresight Group LLP said on Wednesday they would buy battery storage investment firm Harmony Energy Income Trust in a deal that values the company at about 209.9 million pounds ($277.9...
Meta to use public posts, AI interactions to train models in EU

1 month ago | today.westlaw.com | Deborah Mary Sophia |Maju Samuel

(Reuters) -Meta Platforms said on Monday it would use interactions that users have with its AI, as well as public posts and comments shared by adults across its platforms, to train its artificial intelligence models in the European Union.
Car Rental Firms Hertz, Avis Zoom as Tariffs Seen Hurting New-Vehicle Demand

2 months ago | gurutrade.com | Medha Singh |Sukriti Gupta |Maju Samuel

March 27 (Reuters) - Shares of highly shorted Hertz and Avis Budget Group surged on Thursday as U.S. President Donald Trump's plan to slap a 25% tariff on imported vehicles raised prospects of consumers opting for car rentals instead of buying expensive new cars. The new levies could add thousands of dollars to the cost of an average vehicle in the United States.
Google expands Reddit partnership

2 months ago | arizonadigitalfreepress.com | Rishi Kant |Maju Samuel

The logo of Google is seen outside Google Bay View facilities during the Made by Google event in Mountain View, California, U.S. August 13, 2024. (REUTERS/Manuel Orbegozo/File Photo)Staff Reports | REUTERSAlphabet’s Google on Monday expanded its partnership with Reddit amid concerns that the social media platform’s user growth relies heavily on traffic from Google Search.
European Shares Dip with Focus on US Fed Rate Decision

2 months ago | gurutrade.com | Nikhil Sharma |Rashmi Aich |Maju Samuel

Softcat raises 2025 profit forecast, shares rise M&G up as it posts surprise profit rise Compass Group slides on BNP's double downgrade STOXX 600 down 0.1% March 19 (Reuters) - European shares fell marginally on Wednesday, a day after robust gains on Germany's approval for a massive spending surge, while focus shifted to the U.S. Federal Reserve's interest rate decision.
Activist Starboard launches boardroom battle at Autodesk over margin concerns

2 months ago | today.westlaw.com | Arsheeya Bajwa |Maju Samuel

(Reuters) - Starboard Value on Wednesday launched a boardroom battle at Autodesk, raising concerns over the design software maker's margins and intensifying the activist investor's prolonged struggle to effect changes at the company.
European Shares Kick Off Week Higher; Focus on German Debt Reform Plans

2 months ago | gurutrade.com | Nikhil Sharma |Eileen Soreng |Maju Samuel

Phoenix Group gains as annual profit tops expectations Qinetiq drops after FY25 results STOXX up 0.3% March 17 (Reuters) - European shares extended gains on Monday, supported by energy and healthcare stocks, with focus on Germany's debt reform plans as Europe's biggest economy looks to boost spending and revive growth. The pan-European STOXX 600 was up 0.3% as of 0838 GMT.
UK's Takeover Panel extends deadline for firm offer for Assura to April

2 months ago | today.westlaw.com | Maju Samuel

(Reuters) - Assura on Friday said Britain's Takeover Panel has extended the deadline for U.S. private equity group KKR and Stonepeak Partners to announce a firm offer to acquire the British healthcare real estate investment trust to April 11.

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