By Alexander Marrow (Reuters) – Huge fiscal spending on the military is fuelling short-term economic growth in Russia, but looking at the longer term picture the outlook is “dim”, the …
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By Sameer Manekar (Reuters) – Bearish bets on the Thai baht extended on risks around recession, the Chinese economy, and inflation, while short bets on most Asian currencies eased slightly …
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By Sameer Manekar and Shashwat Awasthi (Reuters) – Australian iron ore miners Rio Tinto and Fortescue Metals Group Ltd are unlikely to see a repeat of record profits booked in …
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‘Signs Of Slowing’: Unemployment Remains Unchanged As Economists Predict Dim Future Thomas Catenacci on May 6, 2022 The U.S. economy added 428,000 jobs in April while the unemployment rate was …
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By Juliette Portala (Reuters) -EssilorLuxottica’s shares slipped on Friday as a downturn in its China business overshadowed the French-Italian eyewear company’s overall better-than-expected first-quarter sales. The group, which makes sunglasses …
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By Asha Sistla (Reuters) – Gold prices were flat on Wednesday as hawkish comments from U.S. Federal Reserve officials bolstered the dollar and Treasury yields to multi-year highs, denting bullion’s …
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By Moira Warburton WASHINGTON – The U.S. House of Representatives on Friday passed a bill to end the federal ban on marijuana, which has created legal headaches for users and …