By Philip Blenkinsop BRUSSELS (Reuters) -The European Commission on Wednesday proposed allowing increased levels of state aid so that Europe…
UK factory output shrinks again at start of tough 2023 – PMI
LONDON (Reuters) – British manufacturers saw their business shrink for a sixth month in a row in January, kicking off…
Johnson Controls misses quarterly revenue estimates on supply chain snags
(Reuters) – Johnson Controls International reported lower-than-expected first-quarter revenue on Wednesday, as the provider of heating and air-conditioning systems for…
Cost of living crisis tests striking French workers
By Layli Foroudi and Leigh Thomas PARIS (Reuters) – French railway worker Franck Viger-Brunet says he and his comrades have…
PayPal’s rocky road ahead warrants more cost cuts, Wall Street says
(Reuters) – PayPal Holdings Inc will need to cut more costs with its payment volumes expected to shrink as customers…
T-Mobile misses quarterly revenue estimates as competition bites
(Reuters) -T-Mobile US Inc missed fourth-quarter revenue estimates on Wednesday despite adding nearly 1 million wireless subscribers, as competitors ramped…
Airlines cancel over 1,400 U.S. flights as ice storm hits multiple states
(Reuters) – Airlines canceled over 1,400 flights in the United States on Wednesday, after an ice storm hit states from…
Chile’s economic activity falls less than expected in December
SANTIAGO (Reuters) – Chile’s economy performed better than expected in December but still ended 2022 in negative territory as the…
Sticky underlying inflation set to keep ECB on its toes
FRANKFURT (Reuters) -Euro zone inflation eased for the third straight month in January but any relief for the European Central…
Analysis-Hawkish Fed could hobble volatility funds’ stock buying spree
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Volatility-linked funds estimated to be buying as much as $2 billion in…