By David Lawder CLEVELAND (Reuters) – U.S. Treasury Secretary Janet Yellen on Thursday said new GDP data shows strength in…
Analysis-U.S. junk bond investors face tough choice as yields spike
By Matt Tracy and Shankar Ramakrishnan WASHINGTON (Reuters) – A sell-off in the U.S junk bond market is presenting investors…
Oil settles higher on strong crude demand, easing recession fears
By Laura Sanicola (Reuters) -Oil rose more than $1 a barrel on Thursday, extending the previous day’s rally of nearly…
Musk wants Twitter to be ‘most respected advertising platform’
(Reuters) -Elon Musk, who once tweeted “I hate advertising”, said he wants Twitter Inc to be “the most respected advertising…
Germany’s Continental announces $210 million Mexico expansion
MEXICO CITY (Reuters) – German auto parts maker Continental AG said on Thursday it will invest around 210 million euros…
Venezuela’s PDVSA controls fire at small refinery, restarts other plants from outage
(Reuters) – A fire caused by a thunderstorm at Venezuela’s smallest refinery has been brought under control, a Venezuelan minister…
Factbox-Who’s in and out in Credit Suisse’s day of reckoning
By Pamela Barbaglia (Reuters) – Credit Suisse’s latest shake-up has led to the promotion of some senior executives to more…
Food group Danone raises 2022 outlook as third-quarter sales beat expectations
By Dominique Vidalon PARIS (Reuters) – French food group Danone on Thursday raised its 2022 revenue growth forecast after its…
Portugal’s parliament approves budget bill on first reading
LISBON (Reuters) – Portugal’s parliament easily approved the majority Socialist government’s 2023 budget bill on its first reading on Thursday,…
Analysis-Recession fears threaten perfect track record of post-midterm U.S. stock gains
By Lewis Krauskopf NEW YORK (Reuters) – A potential recession could end a streak of gains for U.S. stocks that…