Christmas Eve - Page 38

By Wayne Cole SYDNEY (Reuters) -Australian inflation shot to a 33-year high last quarter as the cost of travel and electricity jumped, a shock result that adds to the case for the…

(Reuters) – Union Pacific Corp reported lower-than-expected fourth-quarter profit on Tuesday, hurt by delayed shipments amid labor shortages and a winter storm that crippled freight operations across the United States. “We continued…

By Chris Taylor NEW YORK (Reuters) – The holidays are over, but hopefully you took away some lasting memories. Some of them were priceless and others came at a price. For the…

By William Schomberg LONDON (Reuters) – Inflation-pinched British consumers cut their shopping by the most in the key month of December in at least 25 years, official data showed on Friday, dashing…

By Deborah Mary Sophia (Reuters) – Nordstrom Inc slashed its annual profit forecast after heavy discounting failed to sway people shopping at its off-price Rack stores, leading to weak holiday sales and…

By Ankika Biswas, Bansari Mayur Kamdar and Sruthi Shankar (Reuters) -European shares recorded their worst single-day selloff of the year on Thursday, as disappointing earnings reports, weak U.S. economic data and hawkish…

By Paul Sandle and John Revill LONDON/ZURICH (Reuters) – Burberry said it was optimistic consumers in China would start spending again and Richemont saw a rebound there before the holiday, helping offset…

(This Jan. 18 story has been corrected in the first and the fifth paragraph to show that Richemont did not give a projection for its performance) By Paul Sandle and John Revill…

By David Milliken LONDON (Reuters) – British inflation eased last month after hitting a 41-year high in October, offering some comfort to the Bank of England, but the pressure on households remained…

By James Davey LONDON (Reuters) – British clothing and food retailer Marks & Spencer plans to open 20 new, bigger stores in its 2023-24 year as part of a radical overhaul of…

BEIJING (Reuters) – China’s annual consumer inflation rate accelerated in December, driven by rising food prices even as domestic demand wavered amid restrained economic activity. Economists expect inflation to continue to pick…

By Helen Coster (Reuters) -Dow Jones, a division of News Corp that includes the financial news outlets the Wall Street Journal, Barron’s and MarketWatch, plans to lay off a number of employees…