By Michael S. Derby NEW YORK (Reuters) -The Federal Reserve said Friday that it handed back substantially less money to…
Lufthansa seen as ready to bid for ITA Airways stake, sources say
By Angelo Amante and Giuseppe Fonte ROME (Reuters) – A bid from German carrier Lufthansa for ITA Airways could come…
Factbox-Tesla cuts prices globally in a bid to spur demand
(Reuters) – Tesla Inc has slashed prices of its electric vehicles in the United States and Europe, doubling down on…
European stocks clock second straight weekly gain
By Bansari Mayur Kamdar and Shreyashi Sanyal (Reuters) – European shares closed near a nine-month high on Friday, supported by…
U.S. near-term consumer inflation expectations lowest in nearly two years
By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumers are becoming more confident that price pressures will ease considerably over the…
Factbox-Global banks cut jobs as cost pressures mount
LONDON (Reuters) – Global banks are in the process of cutting over 6,000 jobs as profits at lucrative investment banking…
U.S. rejects Bill Hwang’s sandbagging claim in Archegos prosecution
By Jonathan Stempel NEW YORK (Reuters) – The U.S. Department of Justice forcefully rejected Bill Hwang’s claim that it sandbagged…
U.S. consumer inflation expectations fall in January
WASHINGTON (Reuters) – U.S. consumers believe price pressures will ease considerably over the next 12 months, with a survey on…
Investors snap up record $39 billion emerging market sovereign bond splurge
By Jorgelina do Rosario LONDON (Reuters) – Developing countries have sold a huge $39 billion of international bonds since the…
World Cup drinkers boost UK GDP, easing recession risk
By David Milliken and Andy Bruce LONDON (Reuters) -Britain’s economy unexpectedly eked out some growth in November after a boost…