TOKYO (Reuters) – Japan’s Mazda Motor Corp on Tuesday unveiled a $10.6 billion spending plan to electrify its vehicles and…
Medtronic slumps as annual outlook hurt by forex, slow recovery
By Khushi Mandowara and Bhanvi Satija (Reuters) -Medtronic Plc on Tuesday lowered its full-year outlook for profit and revenue growth,…
Dollar Tree cuts 2022 profit view again as inflation threatens margins
By Deborah Mary Sophia (Reuters) – Dollar Tree Inc lowered its annual profit forecast for the second time as price…
Europe to be hit hardest in global slowdown -OECD
By Leigh Thomas PARIS (Reuters) -The global economy should avoid a recession next year but the worst energy crisis since…
Emerging market debt ratio climbs back to record highs -IIF
By Rodrigo Campos NEW YORK (Reuters) – Emerging markets’ debt-to-GDP ratio returned to record highs despite a $6.4 trillion decline…
Abercrombie sees better holiday-quarter sales, posts surprise profit
By Ananya Mariam Rajesh (Reuters) -Abercrombie & Fitch Co said on Tuesday it was “cautiously optimistic” about the holiday season…
South African retailer Shoprite to close Congo operations
KINSHASA (Reuters) -South African retailer Shoprite has decided to shut its shops in Democratic Republic of Congo, a company statement…
Italy’s Meloni hails “courageous” budget, opposition plans protests
By Giuseppe Fonte and Gavin Jones ROME (Reuters) -Italian Prime Minister Giorgia Meloni presented her government’s first budget on Tuesday,…
Domestic investors could absorb heavy 2023 euro debt issuance – JPMorgan
(Reuters) – Demand for euro zone government debt from domestic buyers crowded out by European Central Bank buying is expected…
Sterling climbs as dollar rally wanes
By Harry Robertson LONDON (Reuters) – The pound rose on Tuesday after falling in the previous session, as the dollar…