Wall St inches lower at open after selloff on Fed worries
(Reuters) – U.S. stock indexes inched lower at open on Tuesday after a selloff in the prior session on fears the Federal Reserve could persist with interest rate hikes for…
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(Reuters) – U.S. stock indexes inched lower at open on Tuesday after a selloff in the prior session on fears the Federal Reserve could persist with interest rate hikes for…
By Rodrigo Campos NEW YORK (Reuters) – The poorest countries in the world now spend over a tenth of their export income to service external debt, the highest proportion since…
MEXICO CITY (Reuters) -Mexican low-cost airline Volaris expects the country to regain its U.S. aviation rating by the last quarter of 2023, it said in a presentation published ahead of…
By Rachna Uppal DUBAI (Reuters) – Trade and investment ties between China and Gulf Arab states are expected to feature prominently in President Xi Jinping’s visit to Saudi Arabia this…
BERLIN (Reuters) -Germany’s constitutional court on Tuesday threw out a legal challenge to the European Union’s 750-billion-euro ($786 billion) recovery fund, which saw the EU take on joint debt to…
(Reuters) – Kroger Co said on Tuesday it received a request for additional information from the U.S. Federal Trade Commission as part of the regulatory review process for its planned…
(Reuters) – Exxon Mobil Corp started production at a new polypropylene unit at its Baton Rouge, Louisiana refining and petrochemical complex, the company said in a statement on Tuesday. The…
By Huw Jones LONDON (Reuters) – Splitting EY into separate accounting and consultancy businesses will help pay rising technology bills and “inevitably” be copied by rival “Big Four” firms, a…
(Reuters) – Goldman Sachs Chief Executive Officer David Solomon said on Tuesday that the job market remains “surprisingly tight” and competition for talent was “as tough as ever” while speaking…
NEW YORK (Reuters) – The world’s largest asset manager BlackRock Inc and trading platform Tradeweb Markets Inc are partnering to enhance electronic bond trading, the companies said on Tuesday. Users…
By Jan Schwartz HAMBURG (Reuters) – Volkswagen’s CEO will outline a new software and vehicle platform strategy to the carmaker’s supervisory board on Dec. 15 as he tries to turn…
(Reuters) – Russia’s Gazprom said on Tuesday it had started production at the Semakovskoye gas field in the Russian Arctic with gas being pumped into the country’s national supply system.…
By Emma Farge GENEVA (Reuters) -Global airlines are predicting their first industry-wide profit since 2019 next year as air travel rebounds from COVID-19 restrictions, while a new war of words…
MEXICO CITY (Reuters) – Brazilian digital bank Nubank, Latin America’s largest fintech, announced on Tuesday a $330 million equity capitalization in Mexico, as it pushes to expand operations there. The…
By David Shepardson WASHINGTON (Reuters) – United Airlines Chief Executive Scott Kirby said a tentative contract agreement between rival Delta Air Lines and its pilots union would set an industry…
By Marc Jones LONDON (Reuters) – Pension funds and other ‘non-bank’ financial firms have more than $80 trillion of hidden, off-balance sheet dollar debt in FX swaps, the Bank for…
(Reuters) – Futures for Canada’s resources-heavy main stock index edged up on Tuesday as gold prices rose, while investors await the Bank of Canada’s interest rate decision. The S&P/TSX index…
PARIS (Reuters) -French sugar group Tereos reported strong first-half results on Tuesday, including a net profit and a sharp rise in earnings, as high sugar and ethanol prices helped offset…
By Rajesh Kumar Singh CHICAGO (Reuters) -Delta Air Lines’ offer to give pilots a 34% cumulative pay increase in a new four-year contract has boosted hopes of similar raises at…
By Balazs Koranyi FRANKFURT (Reuters) – Euro zone inflation may have peaked but will subside so slowly that it could be years before it gets back to the European Central…
By Blake Brittain (Reuters) -Pfizer Inc and its German partner, BioNTech SE, fired back at Moderna Inc on Monday in a patent lawsuit over their rival COVID-19 vaccines, seeking dismissal…
By Manoj Kumar NEW DELHI (Reuters) -India is better placed than many other emerging economies to weather the impact of global headwinds, the World Bank said on Tuesday, revising up…
By Foo Yun Chee BRUSSELS (Reuters) -Deutsche Bank and Rabobank were charged by EU antitrust regulators on Tuesday of taking part in a government bond cartel, the latest move against…
By Francesca Piscioneri ROME (Reuters) – Italy’s economy will grow by 0.4% next year, national statistics bureau ISTAT said on Tuesday, slashing a 1.9% projection made in June and warning…
By Katie Paul (Reuters) – Meta Platforms’ Oversight Board recommended on Tuesday that the company revamp its system exempting high-profile users from its rules, saying the practice privileged the powerful…