(Reuters) – Nu Holdings Ltd reported a surge in fourth-quarter gross profit on Tuesday, as customers flocked to the core…
Reddit aims for IPO in second half of 2023 – The Information
(Reuters) – Social media platform Reddit Inc is looking to go public later this year, likely in the second half,…
Bernstein, Biden’s chief economist pick, big backer of ‘worker power’
By Andrea Shalal WASHINGTON (Reuters) -U.S. President Joe Biden on Tuesday said he would nominate trusted confidante and long-time economic…
Neiman Marcus to lay off about 5% of workforce
(Reuters) – Neiman Marcus Group said on Tuesday it would lay off about 5% of its workforce, or around 500…
Brazil monetary council will not discuss inflation targets -minister
BRASILIA (Reuters) – Brazil’s Finance Minister Fernando Haddad said on Tuesday that the National Monetary Council, the government’s top economic…
Air India seals record order for almost 500 Airbus, Boeing jets
By Aditi Shah and Tim Hepher BENGALURU/PARIS (Reuters) -Air India unveiled deals on Tuesday for a record 470 jets from…
IMF official says debt roundtable to focus on broad restructuring hurdles
By David Lawder WASHINGTON (Reuters) -The International Monetary Fund’s strategy director on Tuesday said the goal of a new sovereign…
Oil settles down 1%, then drops more on hint of big U.S. crude build
By Shariq Khan BENGALURU (Reuters) -Oil prices settled 1% lower on Tuesday as traders worried about mounting supplies, and prices…
Airline SAS network hit by hackers, says app was compromised
By Marie Mannes STOCKHOLM (Reuters) -Scandinavian airline SAS said it was hit by a cyber attack Tuesday evening and urged…
Colombia’s central bank may need more rate hikes depending on inflation -IMF
BOGOTA (Reuters) -Colombia’s central bank may need to consider additional hikes to its benchmark interest rate, depending on how inflation…