By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The U.S. Federal Reserve’s ongoing balance sheet drawdown has exacerbated low liquidity and…
Spain’s clothing sales slow in October as inflation bites
MADRID (Reuters) – Clothing sales in Spain grew at this year’s slowest year-on-year pace in October and fell from the…
German officials search bank in Russian oligarch probe
BERLIN (Reuters) -German officials have searched a large bank in Frankfurt and Munich in an investigation into suspected money-laundering by…
Nintendo lifts profit guidance on weaker yen, sees slower console sales
By Kiyoshi Takenaka TOKYO (Reuters) -Japanese videogame maker Nintendo Co Ltd cut its full-year Switch sales projection by nearly 10%…
Japan’s cabinet OKs extra budget spending, adding to debt
By Tetsushi Kajimoto TOKYO (Reuters) -Japanese Prime Minister Fumio Kishida’s cabinet approved on Tuesday a second extra budget spending of…
Turkish bankers fear regulatory burden will reverse profit boom
By Ebru Tuncay ISTANBUL (Reuters) – Turkish banks, now enjoying record profits, face a painful reversal of fortune next year…
Factbox-Renault unveils big overhaul in drive to boost profits
PARIS (Reuters) – French carmaker Renault on Tuesday announced a big overhaul to split its operations into five businesses, deepen…
Italy’s Target2 debt falls in October from previous month’s record high
MILAN (Reuters) – Italy’s liabilities towards other euro zone central banks fell compared with their record high in the previous…
Primark owner AB Foods warns of ‘substantial’ cost inflation
By James Davey LONDON (Reuters) -Primark owner Associated British Foods faces “substantial and volatile” input cost inflation that will hit…
Marketmind: Midterms vigil and new crypto wobble
A look at the day ahead in U.S. and global markets from Mike Dolan. Tuesday’s U.S. mid-term elections held world…