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…
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…
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…
‘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…
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…
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…
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…