By Gabriela Baczynska BRUSSELS (Reuters) -The 27 European Union countries disagreed on Wednesday over a proposal by the bloc’s executive…
Deere’s strong earnings aided by pricing boost, shares hit record high
By Bianca Flowers and Aishwarya Nair CHICAGO (Reuters) -Deere & Co on Wednesday posted a quarterly profit that easily beat…
Bank deposit rates lag changes in Fed policy rate, NY Fed analysts say
NEW YORK (Reuters) – U.S. savers are being left behind by the Federal Reserve’s aggressive campaign of interest rate rises,…
News Corp-Fox merger plan opposed by big shareholder
By Dawn Chmielewski and Chavi Mehta (Reuters) -A major investor in News Corp and Fox Corp, Independent Franchise Partners, said…
U.S. business activity weakens further; euro zone downturn eases slightly
By Lucia Mutikani and Jonathan Cable WASHINGTON/LONDON (Reuters) – U.S. business activity contracted for a fifth straight month in November…
U.S. crude inventories fall as fuel stocks build on strong refining activity
By David Gaffen (Reuters) – U.S. crude stockpiles fell while gasoline and distillate inventories both rose substantially last week as…
Xiaomi revenue falls in third quarter as COVID-19 controls bite
SHANGHAI (Reuters) -Chinese smartphone maker Xiaomi Corp on Wednesday reported a 9.7% fall in third-quarter revenue, hit by China’s COVID-19…
U.S. crude oil stocks in SPR fall to lowest level since March 1984 – EIA
(Reuters) – U.S. crude oil stocks in the Strategic Petroleum Reserve fell by 1.6 million barrels in the latest week…
Mexico’s central bank not about to ‘decouple’ from Fed on rates, board member says
MEXICO CITY (Reuters) – The Mexican central bank is “not ready yet to decouple” from the U.S. Federal Reserve, and…
Key Brazil senator pushing to waive at least $19 billion from spending cap
BRASILIA (Reuters) -Brazilian Senator Marcelo Castro said on Wednesday that a constitutional amendment backed by President-elect Luiz Inacio Lula da…