By Jeffrey Dastin and Tiyashi Datta (Reuters) -Amazon.com Inc on Thursday forecast a slowdown in sales growth for the holiday…
Euro slips below parity, yen steady ahead of BOJ
By Rae Wee SINGAPORE (Reuters) – The euro held below parity on Friday as investors eyed a potential slowdown in…
In Europe, consumer businesses like Amazon face holiday reckoning
By Jeffrey Dastin (Reuters) – Amazon.com Inc, the global retailer whose results can represent a bellwether for the e-commerce industry,…
Tech giants feel pain as cloud spending cuts suggest slowdown
By Tiyashi Datta, Jane Lanhee Lee and Chavi Mehta (Reuters) – In a further sign that large companies may be…
Yellen says debt ceiling should ‘not be held hostage’ by Congress-CNN
CLEVELAND (Reuters) – U.S. Treasury Secretary Janet Yellen said on Thursday that both she and President Joe Biden agree that…
U.S. business sentiment in China hits record low as zero-COVID persists – survey
By Josh Horwitz SHANGHAI (Reuters) – Optimism among U.S. businesses in China has hit record low levels, an annual survey…
Macquarie sees more commodities unit strength after profit jumps
By Jaskiran Singh (Reuters) -Australia’s Macquarie on Friday forecast stronger short-term income from its commodities trading business, after the unit…
Consumer inflation in Japan’s capital hits 33-year high
By Takahiko Wada and Leika Kihara TOKYO (Reuters) – Core consumer prices in Japan’s capital, a leading indicator of nationwide…
Intel trims full-year forecast, battered shares rise
By Chavi Mehta and Jane Lanhee Lee (Reuters) -Chipmaker Intel Corp on Thursday cut its full-year profit and revenue forecast…
Volkswagen, Continental announce nearly $1 billion in Mexico investments
MEXICO CITY (Reuters) – Auto manufacturing companies Volkswagen and Continental both pledged major investments in Mexico on Thursday totaling nearly…