(Reuters) – J.P.Morgan on Wednesday forecast a “milder” fourth-quarter contraction in the euro zone after strong resilience of the household…
Wall Street opens lower as recession worries mount
(Reuters) – Wall Street’s main indexes opened lower on Wednesday as warnings of a looming recession from major Wall Street…
Mobileye beats revenue estimates in first quarterly report since IPO
(Reuters) -Mobileye Global Inc beat estimates for revenue and earnings on Wednesday in its first quarterly report after going public…
Campbell lifts forecasts on firm demand for pricier meals, snacks
By Granth Vanaik and Uday Sampath Kumar (Reuters) -Campbell Soup Co raised its annual sales and profit forecasts on Wednesday,…
Egypt expecting approval of IMF package next week-deputy minister
CAIRO (Reuters) – Egypt is expecting approval of a new $3 billion Extended Fund Facility package from the International Monetary…
European companies cut jobs as economy sputters
(Reuters) – Decades-high inflation and the impact of war in Ukraine have forced companies across Europe into lay-offs or hiring…
Blackrock says calls for increased overweight in inflation-linked bonds
(Reuters) – Asset manager Blackrock on Wednesday said that a new regime of greater macroeconomic and market volatility means that…
EU starts crackdown on commodity firms using derivatives markets
By Huw Jones LONDON (Reuters) – The European Union flagged tougher requirements on Wednesday for commodity companies using derivatives markets…
Turkish factory activity barely expanded in October: Reuters Poll
ANKARA (Reuters) – Turkey’s industrial production index is expected to have barely expanded in October, a Reuters poll showed on…
Russia’s December wheat exports close to record, experts say
By Polina Devitt MOSCOW (Reuters) – Wheat exports from Russia, the world’s largest supplier, will be close to record highs…