By Uday Sampath Kumar and Deborah Mary Sophia (Reuters) -Upscale U.S. retail chain Macy’s Inc raised its annual profit forecast…
Bullard: Up to Chair Powell to decide size of rate increases at upcoming meetings
WASHINGTON (Reuters) – St. Louis Fed President James Bullard on Thursday said he would defer to Chair Jerome Powell to…
Thyssenkrupp 2023 sales to fall by less than 10% – CFO
FRANKFURT (Reuters) – Thyssenkrupp expects sales to fall by less than 10% in 2023, its chief financial officer told analysts…
U.S. housing starts tumble in October amid soaring mortgage rates
WASHINGTON (Reuters) – U.S. homebuilding fell sharply in October, with single-family projects dropping to the lowest level in nearly 2-1/2…
Brazil markets slump on incoming government’s budget proposal
By Gabriel Araujo and Luana Maria Benedito SAO PAULO (Reuters) -Brazilian markets slumped on Thursday after the incoming administration of…
CEO diversity slow to change even as U.S. boards hire more women and minorities
By Rachael Levy and Ross Kerber WASHINGTON/BOSTON (Reuters) – The share of women and minority leaders taking on CEO roles…
Philadelphia Fed factory activity index drops unexpectedly
(Reuters) – A gauge of manufacturing activity in the U.S. mid-Atlantic region fell unexpectedly this month to its lowest level…
Sri Lanka inflation likely below 4%-5% next year if policies maintained – central bank
COLOMBO (Reuters) – Sri Lanka’s inflation would likely be below 4%-5% by the end of next year if the current…
Britain to help insurers invest in economy, trims bank tax rate
By Huw Jones, Iain Withers and Carolyn Cohn LONDON (Reuters) -Britain set out more plans on Thursday to help make…
Vivendi’s Cadoret quits TIM board for ‘personal reasons’
ROME (Reuters) -Frank Cadoret, one of two board members representing top investor Vivendi in Telecom Italia (TIM), resigned for “personal…