(Reuters) – Supplier Howmet Aerospace Inc on Tuesday offered a conservative outlook for narrowbody jet production at top planemakers Boeing…
Nigeria’s Buhari tells central bank to allocate more dollars to Emirates
By Felix Onuah ABUJA (Reuters) -Nigerian President Muhammadu Buhari has directed the central bank to increase the amount of foreign…
Britain sets out legislation to regulate buy-now-pay-later credit
By Huw Jones LONDON (Reuters) -Britain on Tuesday set out draft legislation to regulate “buy now pay later” (BNPL) credit,…
EY expects ‘massive approval’ in vote to split up company
By Huw Jones LONDON (Reuters) -Partners in EY are expected to give approval for spinning off the company’s consulting arm…
World Bank most concerned in MENA about Lebanon and Tunisia
By Yousef Saba DUBAI (Reuters) – The World Bank is particularly concerned in the Middle East and North Africa region…
Euro zone’s employment record complicates life for ECB
BRUSSELS/FRANKFURT (Reuters) -Euro zone employment surged more than expected to a new record high last quarter as a surprisingly resilient…
U.S. gas producers skimped on price hedges and now face a reckoning
By Arathy Somasekhar HOUSTON (Reuters) – A rout in natural gas prices will hurt first-quarter earnings and cash flows at…
Leidos Holdings sees 2023 profit below estimates as supply chain woes persist
(Reuters) – U.S. defense contractor Leidos Holdings Inc forecast lower-than-expected 2023 profit as the industry struggles with labor shortages, higher…
Shoichiro Toyoda, son of Toyota founder, dies aged 97
TOKYO (Reuters) – Shoichiro Toyoda, the son of Toyota Motor Corp founder and father of current chief executive Akio Toyoda,…
Retail investor risk appetite improves with AI stocks leading
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Some of Wall Street’s most speculative names, including meme stocks and shares…