By Lewis Jackson SYDNEY (Reuters) -New Zealand Finance Minister Grant Robertson said the world economy faced a “year of reckoning”…
Nordstrom says sales slowed in past two months; shares fall 9%
By Granth Vanaik (Reuters) – Nordstrom Inc said on Tuesday net sales at its eponymous retail stores fell 3.4% in…
New Zealand’s central bank raises rates by 75bps
By Lucy Craymer WELLINGTON (Reuters) – New Zealand’s central bank raised interest rates by 75 basis points to a near…
China’s top auto association cancels Shanghai event citing COVID
SHANGHAI (Reuters) – China’s top auto association said on Wednesday it would cancel the second day of the China Automotive…
Qantas soars on profit view hike, likely shareholder returns next year
(Reuters) -Australia’s Qantas Airways Ltd raised its first-half pre-tax profit outlook on Wednesday on strong travel demand, with limits on…
IPhone Pro models scarce in stores this holiday – Best Buy
By Uday Sampath Kumar and Hilary Russ (Reuters) -High-end iPhones will be in short supply at stores this holiday season,…
U.S says G7 should soon unveil price cap level on Russian oil, adjust regularly
By Timothy Gardner, Daphne Psaledakis and David Lawder WASHINGTON (Reuters) -The Group of Seven nations should soon announce the price…
FTX says receiving interest from buyers for assets
(Reuters) – Cryptocurrency exchange FTX said on Tuesday it was receiving interest from potential buyers for its assets and would…
S&P closes at more than two-month high on retail, energy lift
By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stocks rallied on Tuesday, with the S&P 500 closing at its highest…
HP to cut about 12% jobs by end of fiscal 2025
(Reuters) -HP Inc said on Tuesday it expects to cut up to 6,000 jobs by the end of fiscal 2025,…