By Stephanie Kelly NEW YORK (Reuters) -Brent crude oil slipped more than 1% in a volatile session on Tuesday as…
HSBC cuts staff bonus pool, lifts CEO Quinn’s total pay
By Lawrence White and Iain Withers LONDON (Reuters) – HSBC cut its annual bonus pool by 4% to $3.4 billion…
Walmart sees lower 2023 performance in time of economic uncertainty
By Siddharth Cavale (Reuters) – Walmart Inc struck a cautious note in its economic outlook for 2023 on Tuesday as…
Treasury’s Adeyemo: U.S., allies plan more Russia sanctions in ‘coming days’
By Andrea Shalal WASHINGTON (Reuters) -The United States and its allies will impose new sanctions and export controls in “coming…
Revlon reaches lender settlement, sends bankruptcy plan to vote
By Dietrich Knauth (Reuters) – Revlon Inc on Tuesday announced a deal with a holdout faction of lenders, removing the…
Mexico headline, core inflation both seen dropping in early Feb: Reuters Poll
By Noe Torres MEXICO CITY (Reuters) – Mexico’s inflation is forecast to have eased in the first half of February,…
Quick euro zone wage growth is just normal catch up, ECB’s Lagarde says
FRANKFURT (Reuters) – Euro zone wages are now catching up after rapid inflation eroded their purchasing power and there is…
Incoming BOJ head to speak in Diet as markets renew attack on yield cap
By Tetsushi Kajimoto and Leika Kihara TOKYO (Reuters) – Incoming Bank of Japan (BOJ) Governor Kazuo Ueda will speak in…
Amazon Web Services pairs with Hugging Face to target AI developers
By Stephen Nellis (Reuters) – Amazon Web Services (AWS), the cloud computing arm of Amazon.com Inc, on Tuesday said it…
U.S. home sales post 12th straight monthly drop; house price inflation slows
By Lucia Mutikani WASHINGTON (Reuters) – U.S. existing home sales dropped to the lowest level in more than 12 years…