By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stock indexes closed lower on Thursday after data pointing to a tight…
Brazil court grants bankruptcy protection for retailer Americanas
By Gabriel Araujo, Peter Frontini and Carolina Pulice SAO PAULO (Reuters) -A Rio de Janeiro court on Thursday accepted Brazilian…
Brazil’s central bank will act independently, governor says
BRASILIA (Reuters) – Brazil’s central bank will act independently, governor Roberto Campos Neto said Thursday, adding that the formal autonomy…
Fed’s Williams says Fed needs more rate rises to cool inflation
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Bank of New York President John Williams said on Thursday…
New Zealand manufacturing sector continues to contract in Dec -survey
WELLINGTON (Reuters) – New Zealand’s manufacturing sector contracted for the third consecutive month in December, while the negative mindset of…
Nordstrom cuts annual profit outlook as off-price Rack sales fall
By Deborah Mary Sophia (Reuters) – Nordstrom Inc slashed its annual profit forecast after heavy discounting failed to sway people…
Fed to deliver two 25-basis-point hikes in Q1, followed by long pause: Reuters poll
By Prerana Bhat BENGALURU (Reuters) – The U.S. Federal Reserve will end its tightening cycle after a 25-basis-point hike at…
South Korea Dec producer inflation slows for sixth month
SEOUL (Reuters) – South Korea’s producer inflation slowed in December for a sixth month, dropping to the lowest rate in…
Rating agencies expect U.S. debt ceiling agreement despite gridlock risks
By Davide Barbuscia NEW YORK (Reuters) -Rating agencies Moody’s and Fitch expect the U.S. Congress will likely reach an agreement…
Proterra to cut jobs, merge electric bus and battery production in South Carolina
(Reuters) – Proterra Inc said on Thursday it plans to cut more jobs and combine electric bus and battery production…