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UK inflation in surprise drop to 18-month low
UK inflation in surprise drop to 18-month low
British inflation unexpectedly slowed in August, data showed Wednesday, hitting an 18-month low and sparking hope this week's widely-forecast interest rate hike by the Bank of England...
2023-09-20 15:19
Hershey sweetens annual profit forecast even as demand wavers
Hershey sweetens annual profit forecast even as demand wavers
By Mehr Bedi (Reuters) -Hershey raised its full-year adjusted profit forecast on Thursday, bolstered by price increases for the Reese's
2023-07-27 21:46
Nigeria's central bank auctions FX at 645 naira, weaker than spot rate
Nigeria's central bank auctions FX at 645 naira, weaker than spot rate
By Chijioke Ohuocha ABUJA Nigeria's central bank has sold the dollar at 645 naira at its latest auction,
2023-06-03 01:47
US Senator Schumer, other senators urge FTC to probe Exxon, Chevron mega-deals
US Senator Schumer, other senators urge FTC to probe Exxon, Chevron mega-deals
(Reuters) -U.S. Senate Majority Leader Charles Schumer and 22 other Democratic senators wrote to the U.S. Federal Trade Commission on
2023-11-01 23:26
Hedge funds short food, beverage and tobacco stocks amid soaring bond yields -Goldman Sachs
Hedge funds short food, beverage and tobacco stocks amid soaring bond yields -Goldman Sachs
By Nell Mackenzie LONDON Global hedge funds last week sold food, beverage and tobacco company stocks at the
2023-10-16 17:46
European shares drop as hawkish Fed, US-China tensions weigh
European shares drop as hawkish Fed, US-China tensions weigh
European shares slumped nearly 1% on Thursday as heightened concerns about an economic slowdown and further rates hikes
2023-07-06 15:59
Thai April factory output drops 8% y/y, worse than forecast
Thai April factory output drops 8% y/y, worse than forecast
BANGKOK Thailand's manufacturing production index (MPI) in April contracted by a more-than-expected 8.14% from a year earlier, as
2023-05-31 12:49
White House cheers ‘Bidenomics’ as inflation rises by only 0.2%
White House cheers ‘Bidenomics’ as inflation rises by only 0.2%
The Bureau of Labor Statistics reported that inflation ticked up by only 0.2 per cent in June and had its lowest 12-month increase in more than two years in a welcome turn of events for President Joe Biden. The Consumer Price Index for All Urban Consumers showed that inflation rose 0.2 per cent last month after it had only ticked up 0.1 per cent in May, in a sign that inflation is easing up. Meanwhile, the all-items index rose 3.0 per cent for the past twelve months ending in June, its lowest 12-month increase since March of 2021.
2023-07-12 21:46
Fed's Daly says she is not sure if need to hold rates, or go higher
Fed's Daly says she is not sure if need to hold rates, or go higher
San Francisco Federal Reserve Bank President Mary Daly on Friday said that while the recent drop in inflation
2023-09-23 02:50
Estée Lauder Lowers Outlook on China Weakness, Israel-Hamas War Risk
Estée Lauder Lowers Outlook on China Weakness, Israel-Hamas War Risk
Estée Lauder Cos. lowered its full-year outlook citing continued weakness in Asia travel retail and in mainland China,
2023-11-01 19:54
BearingPoint’s latest research indicates that by 2030 a vast majority of people expect to be using a single platform for all mobility services
BearingPoint’s latest research indicates that by 2030 a vast majority of people expect to be using a single platform for all mobility services
AMSTERDAM--(BUSINESS WIRE)--Nov 9, 2023--
2023-11-09 16:24
Wall Street Throws Caution to the Wind to Keep Up With Stock Rally
Wall Street Throws Caution to the Wind to Keep Up With Stock Rally
It’s the major casualty of November’s sizzling stock rally: Investor caution. Thanks to what’s shaping up to be
2023-11-25 03:26