By Lawrence Delevingne and Amanda Cooper (Reuters) -Global stock markets rose on Wednesday, as U.S. consumer confidence rebounded in December,…
Analysis-Japanese insurers likely to provide tailwind to yen as BOJ shifts
By Rae Wee and Daiki Iga SINGAPORE/TOKYO (Reuters) – Japan’s gargantuan life insurers appear capable of weathering paper losses in…
Retail traffic data highlights 2022 holiday winners and losers
By Arriana McLymore NEW YORK (Reuters) – With three days to go before Christmas, retailers across the United States and…
U.S. dollar likely has further upside vs yen despite BOJ move -Goldman
NEW YORK (Reuters) – The Bank of Japan, which widened the trading band for 10-year Japanese government bonds (JGBs) on…
Elon Musk expects Twitter to be ‘cash flow break-even’ next year
By Sheila Dang (Reuters) -Elon Musk said Twitter Inc is now on track to be “roughly cash flow break-even” next…
Dealmakers brace for slow 2023 recovery after global M&A sinks
By Anirban Sen and Pamela Barbaglia NEW YORK/LONDON (Reuters) -Merger and acquisition (M&A) activity globally fell well short of the…
Oil prices rise over $2 on drawdown in U.S. crude stocks
By Arathy Somasekhar HOUSTON (Reuters) -Oil prices rose by more than $2 a barrel on Wednesday after data showed a…
Yen retreats after BOJ policy tweak sparked surge
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The yen fell in a choppy session on Wednesday, ceding some of the…
FedEx cost cuts stanch losses, analysts see need for more
LOS ANGELES (Reuters) – FedEx’s plan to slash almost $4 billion in expenses has begun sheltering profits, but analysts say…
Philips says tests on recalled products show limited health risks
By Bart H. Meijer AMSTERDAM (Reuters) -Dutch health technology company Philips said on Wednesday independent tests on its respiratory devices…