FRANKFURT (Reuters) – Thyssenkrupp expects sales to fall by less than 10% in 2023, its chief financial officer told analysts…
U.S. housing starts tumble in October amid soaring mortgage rates
WASHINGTON (Reuters) – U.S. homebuilding fell sharply in October, with single-family projects dropping to the lowest level in nearly 2-1/2…
Brazil markets slump on incoming government’s budget proposal
By Gabriel Araujo and Luana Maria Benedito SAO PAULO (Reuters) -Brazilian markets slumped on Thursday after the incoming administration of…
CEO diversity slow to change even as U.S. boards hire more women and minorities
By Rachael Levy and Ross Kerber WASHINGTON/BOSTON (Reuters) – The share of women and minority leaders taking on CEO roles…
Philadelphia Fed factory activity index drops unexpectedly
(Reuters) – A gauge of manufacturing activity in the U.S. mid-Atlantic region fell unexpectedly this month to its lowest level…
Sri Lanka inflation likely below 4%-5% next year if policies maintained – central bank
COLOMBO (Reuters) – Sri Lanka’s inflation would likely be below 4%-5% by the end of next year if the current…
Britain to help insurers invest in economy, trims bank tax rate
By Huw Jones, Iain Withers and Carolyn Cohn LONDON (Reuters) -Britain set out more plans on Thursday to help make…
Vivendi’s Cadoret quits TIM board for ‘personal reasons’
ROME (Reuters) -Frank Cadoret, one of two board members representing top investor Vivendi in Telecom Italia (TIM), resigned for “personal…
Italy’s Enel to build solar PV cell & panel factory in U.S
MILAN (Reuters) -Italian utility Enel said on Thursday it would build a solar photovoltaic (PV) cell and panel manufacturing facility…
Merck picks Goldman Sachs to launch pigments sale in 2023 – sources
By Emma-Victoria Farr and Ludwig Burger FRANKFURT (Reuters) – German diversified group Merck KGaA has tapped Goldman Sachs to revive…