By Iain Withers, Lawrence White and Huw Jones LONDON (Reuters) -After seven weeks in which Britain’s reputation for financial credibility…
Wall Street bonuses to plunge 22% this year – NY state comptroller
By Lananh Nguyen and Niket Nishant NEW YORK (Reuters) -Wall Street bonuses in 2022 are expected to fall 22% or…
Chip shortage forces temporary closure of Volvo Cars factory – GP
STOCKHOLM (Reuters) – Swedish automaker Volvo Cars will temporary close one of its factories due to a chip shortage, the…
Russia’s central bank says inflationary expectations edge up in October
MOSCOW (Reuters) – Inflationary expectations for the year ahead among Russian households rose in October to 12.8% from 12.5% in…
Biogen confident in Alzheimer’s drug ahead of rivals’ data
By Manas Mishra and Bhanvi Satija (Reuters) -Biogen Inc on Tuesday said the Alzheimer’s disease drug it is developing with…
Coca-Cola lifts forecasts as demand keeps pace with pricier sodas
By Uday Sampath Kumar and Granth Vanaik (Reuters) -Coca-Cola Co on Tuesday joined rival PepsiCo Inc in raising annual forecasts…
Halliburton profit tops Wall Street estimates as oil activity booms
By Liz Hampton and Shariq Khan (Reuters) -Halliburton Co posted a rise in profit for the third quarter on Tuesday…
HSBC makes surprise succession move as forecasts hit shares
By Lawrence White and Anshuman Daga LONDON/SINGAPORE (Reuters) -HSBC named Georges Elhedery as its new chief financial officer on Tuesday…
BlackRock raises $4.5 billion for climate-focused infrastructure fund
(Reuters) – BlackRock Inc has raised $4.5 billion out of an overall $7.5 billion-target for a new fund to invest…
U.S. home price growth slows in August, surveys show
WASHINGTON (Reuters) – U.S. single-family home prices fell sharply on a monthly basis in August as surging mortgage rates dampened…