WASHINGTON (Reuters) – St. Louis Fed President James Bullard on Thursday said he would defer to Chair Jerome Powell to…
Thyssenkrupp 2023 sales to fall by less than 10% – CFO
FRANKFURT (Reuters) – Thyssenkrupp expects sales to fall by less than 10% in 2023, its chief financial officer told analysts…
U.S. housing starts tumble in October amid soaring mortgage rates
WASHINGTON (Reuters) – U.S. homebuilding fell sharply in October, with single-family projects dropping to the lowest level in nearly 2-1/2…
Brazil markets slump on incoming government’s budget proposal
By Gabriel Araujo and Luana Maria Benedito SAO PAULO (Reuters) -Brazilian markets slumped on Thursday after the incoming administration of…
Philadelphia Fed factory activity index drops unexpectedly
(Reuters) – A gauge of manufacturing activity in the U.S. mid-Atlantic region fell unexpectedly this month to its lowest level…
Sri Lanka inflation likely below 4%-5% next year if policies maintained – central bank
COLOMBO (Reuters) – Sri Lanka’s inflation would likely be below 4%-5% by the end of next year if the current…
Britain to help insurers invest in economy, trims bank tax rate
By Huw Jones, Iain Withers and Carolyn Cohn LONDON (Reuters) -Britain set out more plans on Thursday to help make…
Vivendi’s Cadoret quits TIM board for ‘personal reasons’
ROME (Reuters) -Frank Cadoret, one of two board members representing top investor Vivendi in Telecom Italia (TIM), resigned for “personal…
Italy’s Enel to build solar PV cell & panel factory in U.S
MILAN (Reuters) -Italian utility Enel said on Thursday it would build a solar photovoltaic (PV) cell and panel manufacturing facility…
Merck picks Goldman Sachs to launch pigments sale in 2023 – sources
By Emma-Victoria Farr and Ludwig Burger FRANKFURT (Reuters) – German diversified group Merck KGaA has tapped Goldman Sachs to revive…