By Howard Schneider WASHINGTON (Reuters) – Prices paid by U.S. businesses rose less than expected in October with some key…
More chip production needed in Europe, Infineon CEO says
By Christina Amann MUNICH (Reuters) – Infineon Technologies AG Chief Executive Jochen Hanebeck supports contract manufacturers building more chip factories…
Fed’s Harker: better to pause rate hikes at the right time than risk overtightening
(Reuters) – The Federal Reserve should pause its interest rate hikes once its policy rate is at a sufficiently restrictive…
Germany completes Wilhelmshaven floating LNG terminal, more to come
By Vera Eckert FRANKFURT (Reuters) -Germany on Tuesday completed construction of its first floating terminal for liquefied natural gas (LNG)…
Oct PPI adds to relief over cooling US inflation
NEW YORK (Reuters) – U.S. producer prices increased less than expected in October, further evidence that inflation was starting to…
Fed focused on addressing ‘much too high’ inflation: Cook
By Ann Saphir (Reuters) – Federal Reserve Governor Lisa Cook on Tuesday said the U.S. central bank is focused on…
China’s BYD scraps IPO plan for semiconductor unit
HONG KONG (Reuters) -Chinese automaker BYD Co Ltd said on Tuesday it had scrapped plans to list its semiconductor unit…
Vodafone cuts outlook and seeks cost savings as economic woes mount
By Paul Sandle LONDON (Reuters) -Vodafone cut its full-year cashflow forecast and lowered earnings guidance on Tuesday, reflecting soaring energy…
FTX founder Sam Bankman-Fried attempts to raise cash – WSJ
(Reuters) – Founder of bankrupt cryptocurrency exchange FTX, Sam Bankman-Fried, is seeking commitments from investors to raise fresh cash, the…
UBS joins the emerging market bull run band
LONDON (Reuters) – Swiss bank UBS has joined a growing band of investment houses forecasting that emerging markets will see…