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(Reuters) – The Russian economy, hit by unprecedented Western sanctions, is potentially resilient but needs a significant increase in imports and greater freedoms, economists at state development bank VEB said …

PARIS -Shares in French construction materials giant St-Gobain rose on Wednesday, after the Financial Times reported that activist investment firm Bluebell Capital had called for a shake-up at the company. …

Pro-Trump Senate Candidate Outspent 358-1 On The Rise In Major Primary Sebastian Hughes on May 10, 2022 Kathy Barnette, a candidate in the Republican primary for Pennsylvania’s open Senate seat …

SYDNEY – A measure of Australian consumer sentiment slid for a sixth straight month to a 21-month low in May as surging inflation and rising interest rates weighed on family …

SAO PAULO – Brazilian auto industry production rose 0.4% in April from the previous month, totaling 185,449 units, automakers association Anfavea said on Tuesday. Production was down 2.9% from the …

ELTVILLE AM RHEIN, Germany – The Federal Reserve’s efforts to tame inflation will at best still see declining economic growth and a small rise in the unemployment rate for a …

By Jonathan Saul (Reuters) – Global insurers are expected to receive multiple marine insurance claims from ships damaged or lost as the conflict in Ukraine spills over into sea lanes, …

(Reuters) – U.S. consumers’ inflation expectations one year from now dipped in April but their view of inflation over the medium-term rose and household spending expectations also climbed to a …

MILAN -Italy’s Fincantieri said sales rose 18% from a year earlier in the first quarter to 1.7 billion euros ($1.8 billion) driven by a strong performance of its core shipbuilding …

LONDON – British house prices rose for a tenth consecutive month in April, although the annual rate of growth eased slightly from the 15-year high recorded in March, figures from …

By Yoshifumi Takemoto and Kantaro Komiya TOKYO – Core consumer prices in Tokyo, considered a leading indicator of Japanese price trends, rose 1.9% in April from a year earlier, marking …

LONDON – Bank of England Governor Andrew Bailey said on Thursday he would forgo a pay rise for a third year in a row after he urged people in Britain …

MILAN -Italy’s Banco BPM posted a higher-than-expected first-quarter net profit on Thursday, helped by a combination of higher revenues and lower loan writedowns. Banco BPM, which is Italy’s third-largest bank, …

PARIS -French insurer Axa on Thursday posted a 2% rise in revenue, with strength in its health and casualty insurance business offsetting weakness in savings. Europe’s second-biggest insurer, behind Allianz, …

Toms River, NJ – Gas prices across New Jersey are back on the rise with some stations in the Jersey Shore area charging as much as $3.40 per gallon. According …

By John Revill ZURICH -Geberit will raise prices again this year as it tackles “an unprecedented surge” in raw materials costs hitting the construction industry, the Swiss plumbing products maker …

LONDON – Shop prices in Britain surged last month at the fastest rate in more than a decade and worse is to come, according to a survey published on Wednesday …

MILAN – Italian eyewear group Safilo posted on Tuesday a 8.4% rise in first-quarter sales at constant exchange rates, driven by the resilience of the prescription frames business and a …

By Bharat Gautam (Reuters) – Gold prices fell on Monday as elevated U.S. Treasury yields pressured demand for zero-yield bullion, ahead of a widely expected big interest rate hike by …

FRANKFURT – Holiday group TUI recorded 1.3 million bookings in the past four weeks, chief executive Fritz Joussen told staff in a letter seen by Reuters on Sunday, pointing to …

By Gertrude Chavez-Dreyfuss NEW YORK – Speculators’ net long positioning on the U.S. dollar rose in the latest week, according to calculations by Reuters and U.S. Commodity Futures Trading Commission …

OSLO – Norwegian interest rates are set to rise amid strong domestic growth and a buildup of pressure in the economy, but the the war in Ukraine also raises uncertainty …

LONDON – Borrowing costs for U.S. dollars in currency derivatives markets rose sharply on Thursday after the dollar surged to within striking distance of its highest levels in two decades. …