A look at the day ahead in U.S. and global markets from Mike Dolan. It will likely take a big…
India, U.S. establish new trade group to bolster supply chains
NEW DELHI (Reuters) -India and the United States have established a new working group to build sustainable supply chains and…
Tight supply to support oil prices in H2, Morgan Stanley says
(Reuters) – Morgan Stanley expects the oil market to tighten during the third and fourth quarter of 2023, supported by…
ASOS pins hopes on cost savings after Christmas sales slide
By Sarah Young LONDON (Reuters) -Online fashion retailer ASOS said 300 million pounds ($365 million) of cost savings would help…
Tesco braces for post-Christmas hangover with more deals
By James Davey LONDON (Reuters) -Britain’s biggest retailer Tesco said it would focus on offering customers better value deals in…
Asian FX bulls jump to multi-year highs, spurred by China reopening: Reuters poll
By Archishma Iyer (Reuters) – Bullish bets on the Thai baht and Chinese yuan hit five-year highs as China’s sharp…
Germany should diversify its trade partners, economic adviser says
BERLIN (Reuters) – Germany needs to diversify its international business partners and focus on new regions of the world, the…
Swiss Six exchange opens probe into Clariant whistleblower case
BERLIN (Reuters) – Switzerland’s Six stock exchange on Thursday opened an investigation into Clariant over the possible disclosure of price-sensitive…
Lighting maker Signify cuts 2022 outlook again on China, business lighting
(Reuters) -Signify NV, the world’s biggest maker of lights, on Thursday again cut its full-year 2022 profit margin and sales…
Tesco boss says inflation may not have peaked ‘just yet’
LONDON (Reuters) -The chief executive of British retailer Tesco, Ken Murphy, said on Thursday that inflation may have not peaked…