WASHINGTON (Reuters) – U.S. import prices dropped for a fourth straight month in October, weighed down by declining costs for…
Novartis weighs sale of ophthalmology, respiratory units – Bloomberg
(Reuters) -Swiss drugmaker Novartis AG is considering selling its ophthalmology and respiratory units, a Bloomberg report said on Wednesday, citing…
ECB doves make case for increased caution in policy tightening
By Stefano Bernabei and Jesús Aguado ROME/MADRID (Reuters) -The European Central Bank must continue to raise interest rates but there…
Canadian housing starts fall 11% in October -CMHC
TORONTO (Reuters) – Canadian housing starts fell 11% in October, pulling back from the highest level in 2022 the month…
ECB has room to raise rates further but should proceed with caution, De Cos says
MADRID (Reuters) – The European Central Bank still has some way to go in tightening policy but should proceed with…
Trade in European bond markets held up well in turbulent year – officials
By Dhara Ranasinghe BRUSSELS (Reuters) – High inflation and aggressive central bank rate hikes have created challenging conditions for government…
Airbnb says single-room listings jump amid cost-of-living crisis
By Abhijith Ganapavaram (Reuters) – Airbnb Inc said on Wednesday it had recorded a “disproportionate” 31% rise in single-room listings…
JetBlue plans flights to Paris next year as travel booms
(Reuters) – JetBlue Airways Corp said on Wednesday it would expand its transatlantic coverage by offering flights to Paris next…
Telecom Italia CEO sees room for improving 2023, 2024 financial targets
MILAN (Reuters) – Telecom Italia (TIM) will likely improve its financial targets for the next two years, the head of…
T.J. Maxx parent lifts annual sales forecast on apparel, home goods demand
(Reuters) – TJX Cos Inc raised annual same-store sales forecast on Wednesday, as inflation-hit consumers turn to the discount store…