JOHANNESBURG (Reuters) – South African retail sales fell 0.6% year on year in September after rising by a revised 2.1%…
Lowe’s lifts annual profit forecast on higher prices, steady demand
(Reuters) – Lowe’s Cos Inc raised its full-year profit forecast on Wednesday, encouraged by higher prices and steady demand for…
Treasury market shows resilience in face of aggressive Fed rate hikes
By Michael S. Derby NEW YORK (Reuters) – Fears that aggressive Federal Reserve interest rate rises would break the Treasury…
Marketmind: Shot across the bow
A look at the day ahead in U.S. and global markets from Mike Dolan. The jolt to world markets from…
SpaceX mulling secondary share sale at $150 billion valuation -sources
By Krystal Hu and Eva Mathews (Reuters) -Elon Musk’s rocket and satellite company SpaceX is in talks about an offering…
Finland’s Gasum says tribunal ruled it does not have to pay Gazprom in roubles
HELSINKI (Reuters) – Finnish gas grid operator Gasum said on Wednesday an arbitral tribunal had ruled it was not obligated…
Fed’s George says increasingly difficult to bring inflation down without a recession – WSJ
(Reuters) – Inflation is at risk of becoming entrenched in the economy from an overheated job market, making it difficult…
UK pay deals, in the sights of BoE, hold at 4% – XpertHR
LONDON (Reuters) – Pay awards by British employers held at a 30-year high of 4% in the three months to…
Russia spoke in favour of grain deal extension at G20 summit – minister
MOSCOW (Reuters) – Russia spoke in favour of extending the Black Sea grain deal at this week’s G20 summit in…
ECB promises “prudent” balance sheet cut as stability risks rise
FRANKFURT (Reuters) -Risks to the euro zone’s financial stability are on the rise as the economy heads for a likely…