By Michael S. Derby NEW YORK (Reuters) -Federal Reserve Bank of Philadelphia leader Patrick Harker said Thursday that while the…
North America aims to make 25% of what it imports from Asia, Mexico says
MEXICO CITY (Reuters) – Mexico, the United States and Canada plan to produce in North America 25% of what they…
Google, Porsche in talks over Google Apps access
BERLIN (Reuters) -Porsche is considering fully integrating Google software into its car cockpit, a source close to the company said…
Instant View: U.S. consumer prices fall in December
NEW YORK (Reuters) – U.S consumer prices unexpectedly fell for the first time in more than 2-1/2 years in December…
Euro hits 7-month high, European shares briefly drop after U.S. CPI
LONDON (Reuters) – The euro hit a seven-month high, European government bond yields briefly trimmed falls and European shares dipped…
Britons splurge at Christmas but retailers brace for tougher 2023
By James Davey and Paul Sandle LONDON (Reuters) – British shoppers spent freely at Christmas, piling their trolleys with party…
Polish central banker Kotecki says no room for rate cut this year
WARSAW (Reuters) – Double-digit inflation in Poland leaves no room for loosening monetary policy this year but interest rates will…
Russian car sales down 58.8% in 2022 as sanctions hit industry hard
MOSCOW (Reuters) -Car sales in Russia collapsed by 58.8% in 2022, the Association of European Businesses (AEB) said on Thursday,…
Wine and sequins help UK’s M&S sparkle at Christmas
By Paul Sandle LONDON (Reuters) – British retailer Marks & Spencer reported strong Christmas sales, with demand for turkeys and…
New economic ‘regime’ challenges central bankers to keep pace
By Howard Schneider WASHINGTON (Reuters) – For roughly 30 years Federal Reserve policymakers and other central bankers enjoyed a world…