MOSCOW (Reuters) -Russia recorded a rise in weekly consumer prices, extending the previous week’s gain, data from statistics service Rosstat…
Russia’s 2022 economic fall seen in lower incomes, slumping consumer demand
By Alexander Marrow MOSCOW (Reuters) – Russian consumer demand contracted at its fastest pace in seven years in 2022 and…
U.S. wholesale inventories post smallest gain in 2-1/2 years; sales muted
WASHINGTON (Reuters) -U.S. wholesale inventories recorded their smallest increase in nearly 2-1/2 years in December, suggesting that businesses were holding…
China car sales plunge 38% in January as subsidies, tax cut end
SHANGHAI/BEIJING (Reuters) – China’s passenger car sales slumped 38% in January, reversing a 2.4% gain in the previous month, industry…
Bed Bath & Beyond staves off bankruptcy with $225 million from stock sale
By Mike Spector, Jessica DiNapoli, Deborah Mary Sophia and Siddharth Cavale (Reuters) – Bed Bath & Beyond Inc said on…
Fed’s Cook: January job gains increase hopes for soft landing
By Howard Schneider WASHINGTON (Reuters) – The strong January job gains of half a million new positions coupled with moderating…
ECB’s Knot sees big May rate hike if core inflation doesn’t fall: MNI
FRANKFURT (Reuters) – The European Central Bank may extend its streak of large interest hikes into May if core inflation…
Emerson reports weak quarter on hit from supply snarls, raises sales forecast
(Reuters) -Industrial conglomerate Emerson Electric Co missed Wall Street estimates for quarterly profit and revenue on Wednesday as lingering supply-chain…
Exchange operator CME’s profit tops views in volatile quarter
By Anirban Chakroborti and John McCrank (Reuters) -CME Group Inc on Wednesday reported fourth-quarter profits above Wall Street expectations, as…
Coty raises profit forecast on resilient demand, price hikes
By Ananya Mariam Rajesh (Reuters) – Coty Inc raised its full-year profit forecast on Wednesday, betting on price hikes and…