WASHINGTON(Reuters) – U.S. construction spending unexpectedly fell in December as investment in single-family homebuilding continued to slump amid higher mortgage…
Novartis says operating profit to grow again ahead of Sandoz spin-off
By Ludwig Burger BASEL (Reuters) – Novartis on Wednesday predicted that core operating income would grow in a “mid single…
IMF tells Latin America’s wealthy to pay fair share of taxes
By Rodrigo Campos NEW YORK (Reuters) – Latin America and the Caribbean will face rising poverty and food insecurity in…
U.S. manufacturing sector sinks further in January – ISM
WASHINGTON(Reuters) – U.S. manufacturing contracted further in January as higher interest rates stifled demand for goods, but factories did not…
AMD shares jump as earnings defy collapse seen at Intel
By Aditya Soni (Reuters) – Shares of Advanced Micro Devices Inc rose nearly 7% on Wednesday after the U.S. chipmaker’s…
UK house prices fall for longest period since 2009 – Nationwide
By David Milliken LONDON (Reuters) – British house prices dropped by a bigger-than-expected 0.6% in January and are now 3.2%…
Domestic demand helps Canadian factory sector rebound in January
TORONTO (Reuters) – Canadian manufacturing activity expanded in January for the first time in six months as an uptick in…
Russians’ deposits with foreign banks jumped to almost $82 billion in Jan-Nov
MOSCOW (Reuters) – Russians’ deposits with non-resident banks increased by around 2.5 times between January and November last year to…
Ryanair boss says Europe entering ‘inevitable’ airline consolidation period
By Catarina Demony and Miguel Pereira LISBON (Reuters) – Europe was entering an “inevitable” post-pandemic period of airline consolidation as…
EU sets out green industry deal to take on U.S. and China
By Philip Blenkinsop BRUSSELS (Reuters) -The European Commission on Wednesday proposed allowing increased levels of state aid so that Europe…