By Hilary Russ and Deborah Mary Sophia (Reuters) -Starbucks Corp topped Wall Street estimates for quarterly comparable sales and profits…
Canada lays out cash but limits largesse on inflation fears
By Julie Gordon and Steve Scherer OTTAWA (Reuters) -Canada’s government on Thursday set out billions in new spending to support…
Wall St down for fourth straight day on Fed rate hike worry
By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stocks closed lower for a fourth consecutive session on Thursday as economic…
Bank of England’s Mann says inflation drivers still strong
LONDON (Reuters) – Britain is still facing strong domestic drivers of inflation on top of the impact of surging international…
Distressed credit to lure more hedge fund investors next year -BNP survey
By Davide Barbuscia NEW YORK (Reuters) – Global investors will ramp up allocations to distressed credit hedge funds next year,…
Wall Street cheers Boeing’s recovery plans as challenges persist
By Rajesh Kumar Singh and Abhijith Ganapavaram CHICAGO (Reuters) -Boeing Co’s shares have been rallying after the planemaker shared plans…
Brazil’s Petrobras to pay out $8.5 billion dividend amid squabble
SAO PAULO (Reuters) -Brazilian state-run oil company Petrobras will distribute dividends of around 43.68 billion reais ($8.5 billion) on its…
Morgan Stanley says it is engaged with UK regulator on anti-competition probe
NEW YORK (Reuters) – Morgan Stanley said on Thursday it is engaging with the UK Competition and Markets Authority’s probe…
Corteva third-quarter loss narrows on demand for agricultural products
By Ruhi Soni (Reuters) -Agricultural chemical and seed company Corteva Inc on Thursday posted a smaller-than-expected third-quarter adjusted loss as…
U.S. SEC considering action against SolarWinds over cyber disclosures
(Reuters) – The U.S. Securities and Exchange Commission has recommended an enforcement action against SolarWinds Corp over its public statements…