NEW YORK (Reuters) – U.S. President Joe Biden is at odds with Republicans in Congress over raising the $31.4 trillion…
Marketmind: Growth trumps rates
A look at the day ahead in U.S. and global markets from Mike Dolan. If U.S. consumers are the significant…
Pernod Ricard eyes more price hikes in second half, confident on China
By Dominique Vidalon PARIS (Reuters) -Pernod Ricard on Thursday said it planned more price increases in the second half of…
MSCI delays index weighting changes for two Adani companies
By Scott Murdoch and Rodrigo Campos (Reuters) -Index provider MSCI said on Wednesday it will postpone implementation of updates to…
Analysis-Why China’s reopening isn’t inflationary
By Rae Wee SINGAPORE (Reuters) – The world’s biggest factory and most populous nation has opened for business after three…
StanChart launches $1 billion buyback, lifts targets as rising rates buoy income
By Anshuman Daga and Lawrence White SINGAPORE/LONDON (Reuters) -Standard Chartered raised its performance goals, unveiled a new $1 billion share…
Indonesia central bank holds rates after months of hikes, plays down need for more tightening
By Gayatri Suroyo and Fransiska Nangoy JAKARTA (Reuters) – Indonesia’s central bank kept its key interest rate unchanged on Thursday,…
Orange expects to reap rewards of network investments by 2025
By Mathieu Rosemain PARIS (Reuters) -Orange on Thursday said it expects to bolster cash flows and increase shareholder returns by…
Commerzbank sees 2023 profit ‘well above’ 2022 despite challenges, shares surge
By Tom Sims and Marta Orosz FRANKFURT (Reuters) -Germany’s Commerzbank said on Thursday that net profit rose a better-than-expected 12%…
Upper Crust-owner SSP Group’s sales rise above pre-pandemic levels
(Corrects paragraph 1 to say sales in the period were at 103% of pre-pandemic levels, not rose 103%; changes headline…