WASHINGTON (Reuters) – New orders for U.S.-manufactured goods fell more than expected in November amid a sharp decline in bookings…
Hermes expands in Nanjing as luxury industry bets on Chinese return
By Mimosa Spencer PARIS (Reuters) – Birkin bag maker Hermes is opening a new, enlarged store in China’s Nanjing city,…
U.S. service sector contracts in December, price increases slow – ISM survey
WASHINGTON (Reuters) – U.S. services industry activity contracted for the first time in more than 2-1/2 years in December amid…
Germany tells Musk it expects Twitter to fight disinformation
BERLIN (Reuters) – Germany’s digital minister recently met Elon Musk to clarify what Berlin expects from Twitter, especially in fighting…
Fed’s ‘inclusive’ jobs promise hits inflation control reality
By Howard Schneider WASHINGTON (Reuters) -Aiming to fortify broad labor market gains among U.S. minority groups over the previous decade,…
U.S. equity funds record seventh week of outflows
(Reuters) – U.S. equity funds recorded a seventh straight week of outflows in the seven days to Jan. 4 on…
Shell LNG trading to lift quarterly profits despite output drop
By Ron Bousso LONDON (Reuters) – Earnings from Shell’s liquefied natural gas (LNG) trading operations are likely to have been…
US payrolls show labor market remains strong but wages rises cool
NEW YORK (Reuters) – The U.S. economy maintained a strong pace of job growth in December, with the unemployment rate…
Indian economic growth to slow to 7% in 2022/23, govt forecasts
By Aftab Ahmed and Nikunj Ohri NEW DELHI (Reuters) – India’s government expects economic growth to slow in the financial…
Global equity funds post outflows for ninth week in a row
(Reuters) – Global equity funds witnessed net outflows for a ninth straight week in the seven days to Jan. 4…