By Lindsay Dunsmuir (Reuters) – The Federal Reserve will probably need to raise interest rates to “just above” 5% and…
Turkey presses strained retailers for price freezes ahead of elections
By Ceyda Caglayan and Can Sezer ISTANBUL (Reuters) – Turkey’s unusual request that its retailers partially freeze prices ahead of…
EuroGroup Laminations aims to rekindle Milan IPO market
By Elisa Anzolin and Federico Maccioni MILAN (Reuters) -Italy’s EuroGroup Laminations, a maker of electric motor components, said on Thursday…
JPMorgan CEO Dimon sees interest rates going beyond 5% – CNBC
(Reuters) – JPMorgan Chase & Co Chief Executive Officer Jamie Dimon expects interest rates to go beyond 5% as inflation…
Davos 2023-Be careful on ‘friend-shoring’, WTO’s Ngozi warns
DAVOS, Switzerland (Reuters) – Trade blocs seeking to skirt geopolitical risk by “friend-shoring” activities to like-minded countries should be careful…
Davos 2023: South Korea’s Yoon calls for strengthening resilience of global supply chains
SEOUL (Reuters) – South Korea’s President Yoon Suk-yeol on Thursday called for strengthening the resilience of global supply chains, describing…
Lufthansa bids for ITA stake to revive Italy’s loss-making airline
By Angelo Amante, Giuseppe Fonte and Ilona Wissenbach ROME/FRANKFURT (Reuters) – German carrier Lufthansa said on Wednesday it had offered…
Marketmind: No safety net?
A look at the day ahead in U.S. and global markets from Mike Dolan. World markets have been spooked by…
SLB wins Russia business as oilfield rivals exit after Ukraine invasion
By Liz Hampton (Reuters) – Following Moscow’s invasion of Ukraine, world’s largest oilfield firm SLB has boosted its business in…
Slumping China-bound Japanese exports raise fears of global downturn
By Tetsushi Kajimoto TOKYO (Reuters) – Japan’s export growth slowed sharply in December as China-bound shipments fell for the first…