WASHINGTON (Reuters) – U.S. single-family home prices slowed further in September as higher mortgage rates eroded demand, closely watched surveys…
German inflation eased in November but too soon for ‘all-clear’
By Miranda Murray and Balazs Koranyi BERLIN (Reuters) – Germany’s inflation cooled slightly in November, but remained near a record…
Prada turns to ex-Luxottica CEO Guerra to ease succession – source
By Valentina Za and Claudia Cristoferi MILAN (Reuters) -Italian fashion group Prada is set to hire former Luxottica chief Andrea…
Behind Foxconn’s China woes: mistrust, miscommunication, COVID curbs
By Yew Lun Tian, Yimou Lee and Brenda Goh SHANGHAI/TAIPEI (Reuters) – When officials from his Chinese village approached Hou…
Bombardier secures order for Global 8000 aircraft from NetJets
(Reuters) -Canada’s Bombardier Inc said on Tuesday that NetJets, operator of the world’s largest fleet of private jets, will buy…
BoE’s Mann to keep eye on medium-term inflation expectations
LONDON (Reuters) -Bank of England policymaker Catherine Mann said on Tuesday she viewed medium-term inflation expectations as one of the…
China property stocks surge on fundraising support; COVID protests cloud demand
By Xie Yu and Jason Xue HONG KONG/SHANGHAI (Reuters) -Chinese property developers’ shares and bonds soared on Tuesday after regulators…
Italy seeks new options for TIM after bid for network put on hold
By Giuseppe Fonte and Elvira Pollina MILAN (Reuters) -Italy’s government said it would seek to find by the end of…
BofA CEO sees two-year housing slowdown as U.S. rates rise
By Lananh Nguyen and Niket Nishant (Reuters) – Bank of America Corp chief executive officer Brian Moynihan said activity in…
S&P 500 seen ending end next year up 6% after choppy first half: Reuters poll
By Caroline Valetkevitch NEW YORK (Reuters) – U.S. stocks will end next year up around 6% after a rough start…