By Brenna Hughes Neghaiwi ZURICH -Credit Suisse warned on Tuesday that it would post a fourth-quarter loss as the scandal-hit lender flagged fresh legal costs and said business in its …
Reuters
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MEXICO CITY – Mexican economic activity advanced by 0.3% in November from October, official data showed on Tuesday, tapering somewhat the risk that Latin America’s no. 2 economy fell into …
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By David Milliken LONDON -British manufacturers expect to raise prices by the most since 1977 over the next three months, as they wrestle with serious labour shortages and the biggest …
- US and World News
Lockheed Martin posts better-than-expected profit, reiterates 2022 sales outlook
by Reutersby ReutersBy Mike Stone – U.S. weapons maker Lockheed Martin Corp reported better-than-expected quarterly profit on Tuesday, helped by a strong performance at its ships and helicopters unit and venture capital …
- US and World News
Verizon beats quarterly subscriber addition estimates, expects strong 2022
by Reutersby Reuters-Verizon Communications Inc said on Tuesday it added more wireless subscribers that pay a monthly bill than expected during the fourth quarter as the telecom operator’s rapid deployment of its …
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– U.S. stock index futures fell on Tuesday following a turbulent start to the week, with investors keeping an eye out for the Federal Reserve meeting and a host of …
- US and World News
Russia adds Putin critic Navalny to list of ‘terrorists and extremists’
by Reutersby ReutersMOSCOW – Jailed Kremlin critic Alexei Navalny and a handful of his allies were added on Tuesday to an official list of “terrorists and extremists”, the latest in a series …
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TOKYO -Japan expanded regions subject to tighter coronavirus curbs to cover 70% of the country on Tuesday, as the government tried to counter a record wave of COVID-19 cases caused …
- Business News
Easing supply bottlenecks give German business ‘glimmer of hope’
by Reutersby ReutersBy Michael Nienaber BERLIN -German business morale improved in January for the first time in seven months as easing supply bottlenecks brightened the outlook for manufacturers in Europe’s largest economy, …
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– Unilever unveiled plans on Tuesday to cut about 1,500 management jobs in an overhaul aimed at easing shareholders’ concerns after a failed acquisition and news an activist investor had …
- US and World News
Climate change ‘steroid’ contributed to $130 billion in insured losses last year-Aon
by Reutersby ReutersLONDON – Climate change played a part in insured losses from natural catastrophes that totalled $130 billion globally in 2021, the fourth-highest on record, broker Aon said in a report …
- US and World News
Cybertrucks, new factories in focus as Tesla set to report record earnings
by Reutersby ReutersBy Hyunjoo Jin SAN FRANCISCO – Tesla Inc is expected to post record revenue on Wednesday, but analysts and investors are focusing on how fast Tesla can scale up production …
- US and World News
Analysis-‘Aggressively conservative’ Supreme Court plunges into U.S. culture wars
by Reutersby ReutersBy Lawrence Hurley and Andrew Chung WASHINGTON – The U.S. Supreme Court’s decision to hear a case that could doom university policies considering race as a factor in student admissions …
- US and World News
U.S. set to release study details on chips shortage amid funding push
by Reutersby ReutersBy David Shepardson WASHINGTON – The U.S. Commerce Department is expected to soon release details from a study of semiconductor chips it conducted last year amid a push to win …
- Featured NewsUS and World News
Trump battled the Powell Fed’s rate hikes. Biden’s betting on them
by Reutersby ReutersBy Ann Saphir – U.S. central bankers on Tuesday will open their first meeting of the year already in broad agreement that they need to raise interest rates soon, likely …
- US and World News
S.Korea’s daily infections top 8,000 in a first driven by Omicron
by Reutersby ReutersBy Hyonhee Shin SEOUL -South Korea’s daily new coronavirus infections topped 8,000 for the first time on Tuesday, as the highly contagious Omicron variant spreads rapidly, despite the extension of …
- US and World News
COVID cases reported on Australian aid vessel sailing to virus-free Tonga
by Reutersby Reuters-About two dozen cases of COVID-19 have been recorded among the crew of an Australian warship expected to arrive in coronavirus-free Tonga on Wednesday to deliver humanitarian aid, Australian authorities …
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By Dominique Vidalon PARIS -Remy Cointreau is confident demand for its premium cognac in China, the United States and Europe will underpin profit growth this year after the French spirits …
- OMG!US and World News
Lamborghini sees its first fully electric model at end of decade
by Reutersby ReutersMILAN – Italian supercar brand Lamborghini plans to roll out its first fully electric model at the end of this decade, its Chief Executive Stephan Winkelmann said in remarks confirmed …
- US and World News
Cambodia PM says Myanmar junta welcome at ASEAN if progress made
by Reutersby ReutersPHNOM PENH -Cambodian Prime Minister Hun Sen on Tuesday confirmed he had invited Myanmar’s junta chief to a summit of the Association of Southeast Asian Nations (ASEAN), on the condition …
- US and World News
Chinese state-owned property firms step in to rescue cash-strapped developers
by Reutersby ReutersBy Clare Jim HONG KONG -Chinese state-owned property firms are expected to acquire more assets from cash-strapped private developers, analysts said, as Beijing steps up efforts to stabilise and tighten …
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By Supantha Mukherjee STOCKHOLM -Ericsson beat quarterly core earnings forecasts on Tuesday, sending its shares up 8% as global demand for telecoms equipment for 5G networks offset more market share …
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By Yousef Saba and Nadine Awadalla DUBAI -The World Bank blasted Lebanon’s ruling class on Tuesday for “orchestrating” one of the world’s worst national economic depressions due to their exploitative …
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By Balazs Koranyi, Leika Kihara and Howard Schneider FRANKFURT/TOKYO/WASHINGTON – Today’s central bankers have the unenviable task of weaning a pandemic-hit global economy off cheap money amid unprecedented sovereign debt …
- US and World News
‘Gamification’ in financial markets under scrutiny, says EU watchdog
by Reutersby ReutersBy Huw Jones LONDON – Gamification has introduced a new generation of retail investors to financial markets who may not be aware there are few protections in assets like cryptocurrencies, …