Business News

LONDON (Reuters) -Bank of England policymaker Catherine Mann said on Tuesday she viewed medium-term inflation expectations as one of the best gauges for how much further the BoE will need …

By Xie Yu and Jason Xue HONG KONG/SHANGHAI (Reuters) -Chinese property developers’ shares and bonds soared on Tuesday after regulators lifted a ban on equity refinancing for listed firms, the …

MANILA (Reuters) – The Philippines central bank expects November annual inflation to be in a range of 7.4% to 8.2%, reflecting upward price pressures from electricity and agricultural products, it …

By Giuseppe Fonte and Elvira Pollina MILAN (Reuters) -Italy’s government said it would seek to find by the end of this year “the best market-friendly options” for struggling Telecom Italia …

By Lananh Nguyen and Niket Nishant (Reuters) – Bank of America Corp chief executive officer Brian Moynihan said activity in the U.S. housing market will probably slow for two years …

By Caroline Valetkevitch NEW YORK (Reuters) – U.S. stocks will end next year up around 6% after a rough start to 2023 as higher interest rates take their toll on …

By Hadeel Al Sayegh DUBAI (Reuters) – Abu Dhabi National Oil company (ADNOC) has engaged Goldman Sachs to work on consolidation of its gas operations for a planned stock market …

By Steven Scheer TEL AVIV (Reuters) – Bank of Israel Governor Amir Yaron on Tuesday warned lawmakers not to interfere with monetary policy decisions, and said the “magic solutions” they …

By Tim Hepher BRUSSELS (Reuters) – Airbus will have a clearer picture on 2022 deliveries by the end of November but the supply chain environment “remains very complex”, Chief Executive …

By Valentina Za and Claudia Cristoferi MILAN (Reuters) -Italian fashion group Prada is set to hire former Luxottica Chief Executive Andrea Guerra in a top management role to ease a …

By Fergal Smith TORONTO (Reuters) – Canada’s main stock index will rally in the coming year and move to a record high in 2024 as inflation pressures ease and provided …

BERLIN (Reuters) – The European Union will take action on new U.S. subsidies to protect European competitiveness, the commissioner for the bloc’s internal market told an industry conference in Berlin …

MANILA (Reuters) – The Philippine central bank may pause its interest rate hikes in the first quarter of next year if there are “no major shocks”, its governor said on …

By Gabriel Burin and Noe Torres BUENOS AIRES/MEXICO CITY (Reuters) – Brazil stocks will rally by double-digits through end-2023, despite uncertainty about new government policies as President-elect Luiz Inacio Lula …

By Mike Dolan LONDON – A look at the day ahead in U.S. and global markets from Mike Dolan. Although Beijing’s moves to defuse tensions over its COVID-19 management stabilised …

By Howard Schneider WASHINGTON (Reuters) – As a Harvard University graduate student in the 1980s, Katharine Abraham tried to fill a hole in U.S. economic data by piecing together an …

By Michael Shields and Richa Naidu ZURICH (Reuters) -Nestle’s 2022 sales guidance was nudged higher for the third time this year on Tuesday as the world’s largest packaged food company …

By Tetsushi Kajimoto TOKYO (Reuters) -Japan’s second supplementary stimulus budget for this fiscal year, amounting to 29 trillion yen ($210 billion), cleared the lower house of parliament on Tuesday, paving …

BRUSSELS (Reuters) – Euro zone economic sentiment rebounded in November slightly more than expected, data showed on Tuesday, rising for the first time since the Russian invasion of Ukraine in …

TAIPEI (Reuters) -Taiwan’s economy is likely to grow more slowly than previously forecast this year and next, the statistics office said on Tuesday, as it also cut its exports outlook …

BERLIN (Reuters) – German Economy Minister Robert Habeck stood behind his country’s status as an industrial nation on Tuesday, adding that his government would ensure the protection of this status. …

PARIS (Reuters) – Renault’s chairman on Tuesday told Reuters on Tuesday he was “confident” the French carmaker will reach an agreement with its Japanese partner Nissan on the future of …

BERLIN (Reuters) – German inflation dipped in five states in November, data showed on Tuesday, suggesting cost pressures eased in Europe’s largest economy – a welcome development for the European …

WARSAW (Reuters) – Further interest rate hikes in Poland in the current cycle may not be necessary if the economy moves in line with the estimates included in the November …

By Diane Bartz WASHINGTON (Reuters) – Kroger CEO Rodney McMullen and Albertsons’ top executive, Vivek Sankaran, will face questions this week on plans for the two giant grocery companies to …