By Marc Jones LONDON (Reuters) – After some of the biggest losses in emerging markets on record this year the…
IMF forecasts Spain growth close to zero at turn of year
MADRID (Reuters) -The International Monetary Fund expects economic growth in Spain to slow in 2023 on higher prices and flagging…
IMF, Ukraine reach economic policy monitoring arrangement
By David Lawder WASHINGTON (Reuters) -The International Monetary Fund said on Wednesday it has reached a staff-level agreement with Ukraine…
U.S. business activity weakens further in November – S&P Global survey
WASHINGTON (Reuters) – U.S. business activity contracted for a fifth straight month in November, with a measure of new orders…
U.S. new vehicle sales to be flat in November amid high interest rate – report
(Reuters) – U.S. new vehicle retail sales are expected to be relatively flat in November as high vehicle prices, coupled…
Credit Suisse shareholders approve 4 billion Swiss franc capital raise
(Corrects date in dateline to Nov 23) ZURICH (Reuters) – Credit Suisse shareholders approved on Wednesday a 4 billion Swiss…
U.S. core capital goods orders, shipments rebound strongly in October
WASHINGTON (Reuters) – New orders for U.S.-made capital goods unexpectedly rebounded in October while shipments increased solidly, suggesting business spending…
UK PMI sticks near 21-month low as orders weaken
By David Milliken LONDON (Reuters) – British economic activity fell at close to its fastest pace in nearly two years…
FTX was run as ‘personal fiefdom,’ faces hacks, missing assets, attorneys say
By Dietrich Knauth, Tom Hals and Tom Wilson NEW YORK/LONDON (Reuters) – FTX was run as a “personal fiefdom” of…
Gucci’s designer Alessandro Michele is stepping down-source
PARIS (Reuters) – Alessandro Michele, the creative director of Kering’s top fashion brand Gucci, is stepping down from the role,…