MUMBAI (Reuters) – India’s economy is expected to grow 5.5% in the next financial year, a notch below the expected…
Walmart paid most of $1 billion tax for PhonePe shifting base to India
By Nandan Mandayam BENGALURU (Reuters) – Walmart Inc late on Wednesday confirmed that it had already paid the Indian government…
UK equity funds saw record $10 billion outflows in 2022-Calastone
LONDON (Reuters) – Investors sold a record 8.38 billion pounds ($10 billion) worth of UK-focused equity funds last year, shunning…
As travel resumes, China’s luxury shoppers ask: Paris or Hainan?
By Casey Hall SHANGHAI (Reuters) – An end to China’s travel curbs this month is expected to revive demand in…
U.S. inflation has not ‘turned the corner yet’, IMF’s Gopinath warns -FT
(Reuters) -Inflation in the United States has not “turned the corner yet” and it is too early for the Federal…
Inflation drives Britain’s record Christmas grocery sales
By James Davey LONDON (Reuters) – British grocery sales rose 9.4% to a record 12.8 billion pounds ($15.3 billion) in…
Walgreens, CVS plan to start offering abortion pills
(Reuters) -Walgreens Boot Alliance Inc and CVS Health Corp said on Wednesday they plan to offer abortion pills following the…
U.S. Senate Commerce chair plans hearings after Southwest Airlines meltdown
By David Shepardson WASHINGTON (Reuters) – U.S. Senate Commerce Committee chair Maria Cantwell on Wednesday said the panel intended to…
UK’s December shopper numbers defy inflation and rail strikes hit
LONDON (Reuters) – Shopper numbers across Britain in December rose 5.8% from November and were up 9.9% compared to 2021…
S&P closes higher after Fed minutes confirm inflation focus
By Sinéad Carew and Amruta Khandekar (Reuters) – The S&P 500 finished higher on Wednesday but below its session peak…