By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) – The European Central Bank raised interest rates again on Thursday and…
Ukraine economy to shrink by almost 32% in 2022 – central bank
(Reuters) – Ukraine’s economy will shrink by almost 32% this year and annual inflation will accelerate to 30%, largely due…
Chemical maker TPC Group reaches $30 million bankruptcy settlement
By Dietrich Knauth (Reuters) – Bankrupt Texas petrochemical producer TPC Group on Thursday announced a $30 million settlement with junior…
South Korea Oct inflation to be lower than worried level -fin min
SEOUL (Reuters) -South Korea’s finance minister said on Friday the October inflation rate would likely turn out to be lower…
Gilead profit tops expectations despite lower COVID drug sales, outlook raised
By Deena Beasley (Reuters) – Gilead Sciences Inc on Thursday posted a higher-than-expected third-quarter profit on the back of strong…
U.S. declines labor probe at Saint-Gobain in Mexico, applauds new union win
MEXICO CITY (Reuters) – The U.S. Trade Representative has declined to file a complaint with Mexico over alleged worker rights…
Tequila maker Cuervo Q3 earnings beat forecasts amid price hikes
MEXICO CITY (Reuters) – Mexican distiller Becle, better known as the parent company of tequila brand Jose Cuervo, posted a…
T-Mobile’s cheaper plans, 5G edge help lift 2022 subscriber forecast again
By Eva Mathews (Reuters) -T-Mobile US Inc on Thursday raised its annual forecast for monthly bill-paying wireless subscriber additions for…
American Airlines offers 19% pay hike to pilots in draft agreement
By Rajesh Kumar Singh CHICAGO (Reuters) – American Airlines has offered a 19% pay increase to its pilots over two…
Pioneer Natural Resources beats profit estimates on soaring crude prices
(Reuters) -U.S. shale producer Pioneer Natural Resources Co on Thursday posted a better-than-expected profit for the third quarter as crude…