MOSCOW (Reuters) -Weekly consumer prices in Russia rose marginally for the fourth week running, data published on Wednesday showed, adding…
Europe’s STOXX 600 snaps four-day rally on inflation, growth angst
By Amruta Khandekar and Devik Jain (Reuters) -Europe’s STOXX 600 index fell on Wednesday as investors fretted about runaway inflation,…
Russian rouble strengthens vs euro as Russia resumes OFZ auctions
By Alexander Marrow MOSCOW (Reuters) -The Russian rouble strengthened on Wednesday, climbing to a near two-week high against the euro…
U.S. single-family home starts fall to lowest level in more than two years
(Reuters) -U.S. homebuilding fell more than expected in September and the number of new groundbreakings for single-family homes tumbled to…
Procter & Gamble sales, earnings get boost from price hikes
By Uday Sampath Kumar and Jessica DiNapoli (Reuters) -Procter & Gamble Co beat estimates for quarterly sales and profit on…
Banks brace for tax hit to help plug UK’s budget gap
By Iain Withers and Lawrence White LONDON (Reuters) -British banks are bracing for a potential tax hit to their profits…
Oilfield firm Baker Hughes tops estimates, warns on inflation
By Liz Hampton and Arunima Kumar (Reuters) -Baker Hughes Co on Wednesday posted an adjusted third-quarter profit that topped Wall…
Canada’s inflation beat boosts chances of 75 bps rate hike
By Julie Gordon OTTAWA (Reuters) – Canada’s annual inflation rate edged down but exceeded forecasts in September while underlying price…
Amazon, NY attorney general call off COVID-19 litigation
By Jeffrey Dastin (Reuters) – Amazon.com Inc and New York state’s attorney general on Wednesday agreed to halt litigation against…
JetBlue, Spirit Airlines inch closer to forming fifth-largest U.S. carrier
(Reuters) – Shareholders of U.S. carrier Spirit Airlines Inc voted in favor of JetBlue Airways Corp’s $3.8 billion takeover offer,…