(Reuters) - Canadian e-commerce platform Shopify forecast downbeat second-quarter revenue on Wednesday, as fewer merchants sign up to its platform in the wake of an uncertain economy and tepid customer spending.
The company expects second-quarter revenue to grow at a high-teens percentage rate year on year. Analysts estimated revenue to grow 19.35%, according to LSEG data.
(Reporting by Harshita Mary Varghese in Bengaluru;... (continue reading...)
By Olena Harmash
KYIV (Reuters) - Russia launched a barrage of missiles and drones at Ukraine on Wednesday, hitting nearly a dozen energy infrastructure facilities across the country, in the latest in a string of attacks on the power sector over the past two months.
Here is an overview of Ukraine's worsening energy situation since Russia's February 2022 full-scale invasion.
DAMAGE
Ukraine's energy system... (continue reading...)
MILAN (Reuters) - Italian police seized 130 million euros ($140 million) from two directors of an airline that went bankrupt following a 1980 air disaster that killed 81 people above the southern Italian island of Ustica, Milan prosecutors said on Wednesday.
The 'Ustica massacre' is one of the unsolved mysteries of recent Italian history. Despite 40 years of investigations and trials, the cause of the in-flight explosion on the DC 9 airliner that took... (continue reading...)
KYIV (Reuters) - Ukrainian authorities suspect jailed tycoon Ihor Kolomoisky of being behind the attempted murder of a lawyer in a corporate dispute more than 20 years ago, the national police said on Wednesday.
Kolomoisky, who backed President Volodymyr Zelenskiy in the 2019 election and faces charges of fraud and money laundering, has previously denied any wrongdoing in those cases. His lawyer did not immediately respond to a Reuters request for... (continue reading...)
(Reuters) - New York Times beat estimates for quarterly revenue on Wednesday, helped by a pick up in advertising spending and subscriber growth.
The company reported revenue of $594 million, compared with analysts' estimates of $591.9 million, according to LSEG data.
(Reporting by Zaheer Kachwala in Bengaluru; Editing by Anil D'Silva)
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