By Rodrigo Campos (Reuters) – Emerging markets in October posted their second-largest month of portfolio inflows this year, though China…
Raytheon sees castings shortages spilling into next year amid aftermarket demand
By Abhijith Ganapavaram (Reuters) – U.S. aerospace giant Raytheon Technologies Corp said on Tuesday stability in supply of castings, used…
Renault splits into 5 businesses in drive to boost profit
By Gilles Guillaume and Silvia Aloisi PARIS (Reuters) -French car maker Renault announced a major overhaul that will see it…
As yen tumbles, gadget-loving Japan goes for secondhand iPhones
By Miho Uranaka TOKYO (Reuters) – For years Japanese shoppers eagerly shelled out for the latest gadgets, but now a…
Shanghai bourse kicks off week-long conference to woo global investors
SHANGHAI (Reuters) – The Shanghai Stock Exchange (SSE) kicks off on Wednesday a week-long global conference to promote China’s capital…
Consumers turn to credit cards, loans as costs soar – report
(Reuters) – More consumers opted for credit cards and unsecured loans in the third-quarter from a year earlier amid decades-high…
Russian central bank: retail forex deposits dropped to a historical low by the start of Q4
MOSCOW (Reuters) – Russia’s central bank said on Tuesday that retail foreign currency deposits dropped to a historical low by…
Investors dump Lyft on rising fears of Uber taking market share
By Nivedita Balu (Reuters) – Lyft Inc shares sank 20% to near record lows on Tuesday after a miss on…
Constellation sees big benefits from U.S. Inflation Reduction Act
(Reuters) – U.S. power company Constellation Energy Corp said on Tuesday that the U.S. Inflation Reduction Act (IRA) significantly strengthened…
Carlyle’s Q3 earnings drop 12% on slower asset divestments
By Chibuike Oguh NEW YORK (Reuters) -Carlyle Group Inc said on Tuesday its third quarter distributable earnings fell 12% year-on-year…