By Howard Schneider WASHINGTON (Reuters) -Even under a “generous” analysis of monetary policy, the Federal Reserve needs to keep raising…
Volkswagen’s $2 billion Trinity electric vehicle plant in doubt
By Jan Schwartz HAMBURG (Reuters) -Volkswagen Chief Executive Oliver Blume is reviewing whether to stick to a plan to build…
IMF grants Malawi waiver after it overstated its reserves
BLANTYRE (Reuters) – The International Monetary Fund’s executive board has granted Malawi a waiver after it misreported its international reserves,…
Roku becomes latest firm to reduce staff with 200 job cuts
(Reuters) – Roku Inc said on Thursday it would cut 200 jobs in the United States, becoming the latest tech…
Britain softens business rates blow with 13.6 billion stg support package
By James Davey LONDON (Reuters) -Britain will provide 13.6 billion pounds ($16.1 billion) of support to retail, hospitality and leisure…
Britain’s budget plan restores credibility but risks remain -Moody’s
LONDON (Reuters) – Britain’s budget plan for tax increases and tighter public spending announced on Thursday goes some way to…
Hasbro looks to offload part of eOne TV production business
(Reuters) -Hasbro Inc said on Thursday it was looking to sell a part of its eOne entertainment production unit, including…
Macy’s profits from wealthy shoppers, Kohl’s feels inflation pinch
By Uday Sampath Kumar and Deborah Mary Sophia (Reuters) -Upscale U.S. retail chain Macy’s Inc raised its annual profit forecast…
Bullard: Up to Chair Powell to decide size of rate increases at upcoming meetings
WASHINGTON (Reuters) – St. Louis Fed President James Bullard on Thursday said he would defer to Chair Jerome Powell to…
Thyssenkrupp 2023 sales to fall by less than 10% – CFO
FRANKFURT (Reuters) – Thyssenkrupp expects sales to fall by less than 10% in 2023, its chief financial officer told analysts…