By Steve Scherer and Ismail Shakil OTTAWA (Reuters) -The Canadian economy smashed expectations by adding a net 150,000 jobs in…
Unilever says prices hikes will continue into this year, easing in H2
(This Feb. 9 story has been corrected to remove reference to Fairy detergent in paragraph 2) By Richa Naidu LONDON…
ECB rates must rise significantly; broad disinflation not happening – Schnabel
FRANKFURT (Reuters) -The European Central Bank must still raise interest rates significantly as broad disinflation has not yet started, even…
Brazil’s services activity hits record high in December
By Camila Moreira and Rodrigo Viga Gaier SAO PAULO/RIO DE JANEIRO (Reuters) – Services activity in Brazil grew more than…
Hawkish Russian central bank warns of deficit threat as it holds rates
By Alexander Marrow MOSCOW (Reuters) -Russia’s central bank on Friday warned that further widening of the country’s budget deficit may…
VW to speed up electric shift in five-year plan
BERLIN (Reuters) -Volkswagen will speed up its shift to electric cars and revamp its software strategy in a five-year investment…
Adidas slumps as Kanye split triggers new profit warning
By Alexander Hübner and Rachel More BERLIN (Reuters) – Adidas shares slumped as much as 12.6% on Friday after the…
Ackman’s Pershing Square reaps $2.7 billion from rate trade but down 9% in 2022 -letter
By Nell Mackenzie LONDON (Reuters) – Billionaire investor William Ackman’s Pershing Square fund reaped $2.7 billion on interest rate trades…
Bradesco shares hit 2-year low after disappointing quarterly earnings
By Aluisio Alves and Andre Romani SAO PAULO (Reuters) – Shares in Brazil’s Banco Bradesco SA fell to their lowest…
Ralph Lauren beats quarterly revenue estimates
(Reuters) – Ralph Lauren Corp beat Wall Street expectations for quarterly revenue on Thursday, as demand for its high-end clothing…