(Reuters) – Phillips 66 on Tuesday became the latest refiner to post bumper quarterly profit, as higher fuel demand boosted…
Homebuilder PulteGroup’s quarterly profit beats estimates on higher house prices
(Reuters) – U.S. homebuilder PulteGroup Inc on Tuesday beat Wall Street estimates for quarterly profit on the back of higher…
Bed Bath & Beyond’s road to potential bankruptcy
(Reuters) – From a failed merchandising strategy to activist investor pressure over exaggerated payments to executives, Bed Bath & Beyond…
Bed Bath & Beyond preparing to file bankruptcy as soon as this week -sources
By Jessica DiNapoli and Mike Spector NEW YORK (Reuters) -Bed Bath & Beyond Inc is preparing to seek bankruptcy protection…
China economic activity swings back to growth in January – official PMI
By Joe Cash BEIJING (Reuters) -China’s economic activity swung back to growth in January, after a wave of COVID-19 infections…
Norway wealth fund posts record $164 billion loss
By Victoria Klesty OSLO (Reuters) – Norway’s wealth fund, one of the world’s largest investors, posted a record loss of…
Analysis-Airbus and Boeing try to fill giant factories with small jets
By Tim Hepher PARIS (Reuters) – Airbus and Boeing have set the stage for the next chapter in their titanic…
Company insolvencies hit 13-year high in England and Wales
By David Milliken LONDON (Reuters) -More companies suffered insolvency last year in England and Wales than any time since 2009,…
JPMorgan reviews oversight of traders amid boom in financial markets – sources
By Stefania Spezzati LONDON (Reuters) -JPMorgan Chase & Co. is working with KPMG to improve how the U.S. bank supervises…
Fed officials see lots of room to shed bonds from balance sheet
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve officials believe their effort to shrink the U.S. central bank’s…