Credit Suisse shares close slightly higher on final trading day
ZURICH (Reuters) – Credit Suisse shares closed 1% higher at 0.81 Swiss francs ($0.89) on Monday, their last trading day after the stricken bank’s takeover …
higher
Analysis-EU pork on a lean streak as higher standards drive up costs
By Gus Trompiz PARIS (Reuters) – Record pig prices could have spurred farmers like Carole Joliff to expand their herd, but costly livestock regulations, flagging …
EXCLUSIVE: GOP Senators Introduce Bill Banning Higher Ed Accreditors From Considering ‘Diversity’ Initiatives
EXCLUSIVE: GOP Senators Introduce Bill Banning Higher Ed Accreditors From Considering ‘Diversity’ Initiatives Reagan Reese on June 1, 2023 Republican Florida Sen. Marco Rubio led …
Euro zone lending takes another hit from higher rates
FRANKFURT (Reuters) – Euro zone bank lending slowed again in April, supporting the case for careful interest rate hikes in the months ahead as weak …
Energy ‘insecure’ households in US paid higher bills in 2020, says EIA
(Reuters) – U.S. households that faced challenges in paying for their basic energy needs were billed about 19% more per square foot than the national …
Russian central bank warns higher rates may be needed to bring inflation to target
MOSCOW (Reuters) – Russia’s central bank issued a hawkish signal on Tuesday, just over a week before it is next due to set interest rates, …
Car sales push Irish retail sales sharply higher again
DUBLIN (Reuters) – Annual Irish retail sales volumes rose sharply again last month due to another surge in car sales, jumping 7.5% year-on-year, Central Statistics …
National Professor Organization Calls On Academics To Fight Florida Higher Ed Reforms ‘Tooth And Nail’
National Professor Organization Calls On Academics To Fight Florida Higher Ed Reforms ‘Tooth And Nail’ Alexa Schwerha on May 24, 2023 A national organization for …
Higher interest rates boost hedge fund stock borrowing to record high – Goldman
By Nell Mackenzie LONDON (Reuters) – Borrowing across the global hedge fund industry has hit record highs, Goldman Sachs said in a note to clients …
Bank of Montreal quarterly profit rises on higher interest income
(Reuters) – Bank of Montreal’s second-quarter profit jumped as higher interest rates shored up the lender’s net interest income, the Canadian bank said on Wednesday. …
Brazil stocks to keep drifting higher on mixed company results: Reuters poll
By Gabriel Burin and Noe Torres BUENOS AIRES/MEXICO CITY (Reuters) – Brazilian stocks are expected to keep drifting higher this year on mixed company earnings, …
NZ central bank to hike by 25 bps, risk grows of higher peak for rates
By Lucy Craymer WELLINGTON (Reuters) – New Zealand’s central bank is expected to deliver a 25-basis point hike on Wednesday, but the focus will be …
Bath & Body Works beats quarterly profit estimates on higher prices
(Reuters) – Bath & Body Works Inc beat first-quarter profit expectations on Thursday, as higher product prices outweighed cost pressures and a slowdown in demand, …
Marketmind: Fed rates to stay higher for longer, debt drama goes on
(Reuters) – A look at the day ahead in U.S. and global markets from Samuel Indyk. The Federal Reserve is saying something and markets might …
DeSantis Signs Legislation Eliminating Diversity, Equity And Inclusion In Higher Education
DeSantis Signs Legislation Eliminating Diversity, Equity And Inclusion In Higher Education Alexa Schwerha on May 15, 2023 Republican Florida Gov. Ron DeSantis signed legislation into …
Australia’s InvoCare gets higher $1.3 billion offer from TPG, shares jump
By Scott Murdoch and Himanshi Akhand (Reuters) -Australia’s InvoCare Ltd shares jumped nearly 12% on Monday after it revealed a higher A$1.86 billion ($1.26 billion) …
EU exec sees stronger 2023, 2024 euro zone growth, but higher inflation
By Jan Strupczewski BRUSSELS (Reuters) – Euro zone economic growth will be faster than previously expected this year and next thanks to faster expansion in …
British home-buyers, facing higher interest rates, retreat in April – RICS
By Suban Abdulla LONDON (Reuters) – British property surveyors reported a drop in demand in April as new buyers turned more cautious ahead of the …
Australia to predict lower unemployment, higher wages in looming budget
SYDNEY (Reuters) – Australia’s government is set to cut its forecasts for inflation while also predicting lower unemployment for longer in 2023/24 budget next week, …
America’s ‘Climate’ Governor Is Leaving Office With Emissions And Energy Prices HIGHER Than When He Got There
America’s ‘Climate’ Governor Is Leaving Office With Emissions And Energy Prices HIGHER Than When He Got There John Hugh DeMastri on May 4, 2023 Democratic …
EOG, Coterra beat profit estimates on higher prices, oil demand
(Reuters) -U.S. shale producers EOG Resources Inc and Coterra Energy Inc beat first-quarter estimates on Thursday, joining their peers in benefiting from a sustained fuel …
BorgWarner sees annual sales below estimates on supply snags, higher costs
(Reuters) – BorgWarner Inc on Thursday forecast full-year sales below analysts’ estimates as supply chain issues continued to weigh on the auto supplier, sending the …
Etsy tops revenue estimates on demand for personalized products, higher fees
By Granth Vanaik (Reuters) – Etsy Inc on Wednesday beat market expectations for quarterly revenue, benefiting from demand for products such as personalized gifts offered …
European shares end higher with eyes on Fed, oil stocks fall for second day
By Shreyashi Sanyal (Reuters) -European shares climbed on Wednesday, a day after their biggest fall in a month, as speculation mounted the U.S. Federal Reserve …
Copper to drift higher, but struggle to rally: Reuters poll
By Eric Onstad and Ashitha Shivaprasad LONDON/BENGALURU (Reuters) – Copper prices are due to recover slightly in coming months, supported by low inventories, but the …
Loblaw reports higher quarterly sales on strong demand for groceries, drugs
(Reuters) -Canadian retailer Loblaw Companies Ltd on Wednesday reported first-quarter sales rose 6%, helped by strong demand for essential goods including groceries and drugs. Retailers …
Barrick beats quarterly profit estimates on higher prices
(Reuters) – Canadian miner Barrick Gold Corp beat Wall Street expectations for first-quarter profit on Wednesday, as higher prices of the metal outweighed a decline …
Trump Vows To Save Students From ‘Radical Left’ In New Higher Ed Agenda
Trump Vows To Save Students From ‘Radical Left’ In New Higher Ed Agenda Alexa Schwerha on May 2, 2023 Former president Donald Trump unveiled his …
Bleach maker Clorox raises annual forecasts on higher prices
By Granth Vanaik and Jessica DiNapoli (Reuters) – Clorox Co raised its annual sales and profit forecasts on Tuesday, banking on higher product prices that …
Sysco Corp misses profit estimates on higher input costs
(Reuters) – U.S. food distributor Sysco Corp missed Wall Street expectations for third-quarter profit on Tuesday, hurt by higher raw material costs and a stronger …
TIM to seek new round of higher bids for landline grid – sources
MILAN (Reuters) – Telecom Italia (TIM)’s CEO Pietro Labriola is expected to propose to directors to seek further improvements of multi-billion bids for the company’s …
Sharpie-maker Newell sees 2023 profit at low end of forecast on higher costs, softer demand
(Reuters) – Sharpie-maker Newell Brands Inc on Friday forecast annual sales and profit at the low end of its previous outlook, signaling a hit from …
Embraer sees positive outlook for Ipanema aircraft after higher Q1 sales
SAO PAULO (Reuters) – Brazilian planemaker Embraer SA said on Friday it has sold 33 Ipanema 203 aircraft in the first quarter of 2023, a …
NVR beats quarterly profit expectations on higher home prices
(Reuters) – Homebuilder and mortgage banking company NVR Inc beat analysts’ expectations for first-quarter profit on Tuesday, helped by higher home prices. U.S. home prices …
Kimberly-Clark lifts 2023 profit forecast on higher prices
(Reuters) – Kimberly-Clark Corp raised its full-year profit forecast on Tuesday as consistent price hikes helped the company post better-than-expected sales in the first quarter, …
Builder PulteGroup beats results expectations on higher home prices
(Reuters) – U.S. homebuilder PulteGroup Inc on Tuesday beat Wall Street estimates for first-quarter profit and revenue as home prices stayed elevated amid limited supply. …
GUNASEKARA: The Biden EPA Will Drive Energy Bills Even Higher With Yet Another Legally Dubious Regulation
GUNASEKARA: The Biden EPA Will Drive Energy Bills Even Higher With Yet Another Legally Dubious Regulation Mandy Gunasekara on April 24, 2023 A new “Clean …
ECB has travelled most of the way towards higher interest rates – Villeroy
PARIS (Reuters) – The European Central Bank has already gone “most of the way” in raising interest rates to tackle inflation, French ECB policymaker Francois …
CSX quarterly results beat estimates on higher freight rates
(Reuters) – U.S. railroad operator CSX Corp posted better-than-expected quarterly profit and revenue on Thursday, as higher shipment rates had helped offset the impact of …
Dollar bonds of India’s Adani Group firms inch higher
MUMBAI (Reuters) – The U.S. dollar-denominated bonds issued by entities of India’s Adani Group were trading marginally higher on Thursday, after a group company said …
U.S. Bancorp beats profit estimates as higher rates boost interest income
(Reuters) – U.S. Bancorp (USB) on Wednesday beat estimates for first-quarter profit as rapid rate hikes from the Federal Reserve helped the lender earn more …
Marketmind: Global pulse picks up, rates creep higher again
A look at the day ahead in U.S. and global markets from Mike Dolan With investors largely assuming recession ahead, an accelerating global economic pulse …
China fiscal revenue turns higher in March on recovering economic activity
BEIJING (Reuters) – China’s fiscal revenue rose in March, reversing a decline in January-February, as economic activity rebounded following the end of strict COVID curbs, …
J.B. Hunt misses estimates on weak freight demand and higher maintenance expenses
(Reuters) – J.B. Hunt Transport Services Inc reported lower-than-expected quarterly earnings on Monday, hurt by weak shipping demand, high driver wages and maintenance expenses. …
BIS head warns of threats to financial stability, rates need to stay higher
By Marc Jones LONDON (Reuters) – The head of the Bank of International Settlements has warned that years of fighting economic crises have created conditions …
Fed’s Waller: Not much progress on inflation, higher rates needed
By Howard Schneider (Reuters) – Despite a year of aggressive rate increases U.S. central bankers “haven’t made much progress” in returning inflation to their 2% …
PNC Financial beats profit estimates on boost from higher interest rates
(Reuters) – PNC Financial Services Group reported an 18.5% rise in first-quarter profit on Friday, as the Federal Reserve’s rate hikes fueled a surge in …
Layoffs, Higher Prices And Fewer Choices Could Be Consequences Of Biden’s New Policy, Experts Warn
Layoffs, Higher Prices And Fewer Choices Could Be Consequences Of Biden’s New Policy, Experts Warn John Hugh DeMastri on April 12, 2023 Economists and industry …
Southwest Airlines CEO receives higher bonus despite holiday meltdown
By Rajesh Kumar Singh CHICAGO (Reuters) – Southwest Airlines Co paid a higher bonus to Chief Executive Bob Jordan, a regulatory filing showed, even after …
These States Are Pushing To Force Diversity, Equity And Inclusion Programs In Higher Education
These States Are Pushing To Force Diversity, Equity And Inclusion Programs In Higher Education Alexa Schwerha on April 6, 2023 As Republican-led states fight for …