By Svea Herbst-Bayliss (Reuters) – Salesforce Inc on Friday named three new board directors, including the chief of hedge fund…
Tesla, insurers take different paths to deal with expensive repairs
By Paul Lienert (Reuters) – Tesla Inc’s electric vehicles are expensive to repair – so much so that the automaker…
AmEx shrugs off slowdown worries after forecasting upbeat full-year profit
By Manya Saini (Reuters) -American Express Co’s upbeat profit forecast for the year on Friday eased worries of economic uncertainty…
U.S. consumer moods brighten to kick of 2023, inflation views down
(Reuters) – U.S. consumers entered 2023 with the most optimism in nine months, buoyed by healthy incomes and easing inflation…
Fed seen ending rate hikes by March as inflation slows
By Ann Saphir and Lindsay Dunsmuir (Reuters) -Federal Reserve policymakers are finally seeing some sustained progress in sapping high inflation,…
Rolls-Royce slumps as new CEO warns of ‘last chance’ to change
By Sarah Young LONDON (Reuters) – Shares in Rolls-Royce fell as much as 4% on Friday after its new CEO…
Optimism over China, peak bond yields draw flows into stocks -BofA
(Reuters) -Weekly inflows into stocks in the week to Wednesday were the largest in six weeks, data from BofA Global…
Brazil’s central bank to keep wary stance against govt flak: Reuters poll
By Gabriel Burin BUENOS AIRES (Reuters) – Brazil’s central bank will keep a wary stance next week against strong criticism…
U.S. pending home sales post first gain in seven months in December
WASHINGTON (Reuters) – Contracts to buy U.S. previously owned homes increased for the first time in seven months in December…
India’s Adani slammed by $48 billion stock rout, putting share sale at risk
By Chris Thomas, Sriram Mani and Aditya Kalra MUMBAI (Reuters) -Shares of India’s Adani Enterprises plunged on Friday after a…