By Howard Schneider WASHINGTON (Reuters) – The strong January job gains of half a million new positions coupled with moderating…
ECB’s Knot sees big May rate hike if core inflation doesn’t fall: MNI
FRANKFURT (Reuters) – The European Central Bank may extend its streak of large interest hikes into May if core inflation…
Exchange operator CME’s profit tops views in volatile quarter
By Anirban Chakroborti and John McCrank (Reuters) -CME Group Inc on Wednesday reported fourth-quarter profits above Wall Street expectations, as…
Equinor shares spike as gas bonanza lands record profit
By Nerijus Adomaitis and Nora Buli OSLO/LONDON (Reuters) – Equinor posted a record $74.9 billion adjusted operating profit on Wednesday,…
Illumina fights EU order to divest Grail
By Foo Yun Chee BRUSSELS (Reuters) – U.S. life science company Illumina on Wednesday took its case to senior EU…
Fed’s Williams: Financial conditions seem broadly consistent with the Fed’s outlook on policy
By Michael S. Derby NEW YORK (Reuters) – New York Fed President John Williams said financial conditions are roughly in…
Michael Kors owner Capri cuts forecasts as demand slows, shares plunge 24%
By Uday Sampath Kumar (Reuters) – Michael Kors owner Capri Holdings Ltd on Wednesday cut its annual profit forecast and…
South Africa’s consumer goods firms warn of much higher prices as power cuts bite
By Nqobile Dludla JOHANNESBURG (Reuters) – South African manufacturers and retailers of food and other essential products warned on Wednesday…
Canadian dollar to rise later in 2023 on more favorable global outlook: Reuters poll
By Fergal Smith TORONTO (Reuters) – The Canadian dollar is set to rise later this year as the global economic…
Mamma mia! Pizza got 16% more expensive in the EU last year
(Reuters) – The cost of store-bought pizza and quiche in the European Union grew in December by 16% from a…