By Sinead Cruise, Iain Withers and Lawrence White LONDON (Reuters) -As inflation rockets and recession looms, many British businesses are…
U.S. labor market remains tight despite technology sector layoffs
By Lucia Mutikani WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits fell last week, showing…
Musk says he made some Tesla decisions without board nod, defends $56 billion pay
By Tom Hals and Hyunjoo Jin WILMINGTON, Del (Reuters) -Elon Musk said in court on Wednesday that he made some…
Volkswagen’s $2 billion Trinity electric vehicle plant in doubt
By Jan Schwartz HAMBURG (Reuters) -Volkswagen Chief Executive Oliver Blume is reviewing whether to stick to a plan to build…
Britain to help insurers invest in economy, trims bank tax rate
By Huw Jones, Iain Withers and Carolyn Cohn LONDON (Reuters) -Britain set out more plans on Thursday to help make…
UK economy forecast to shrink 1.4% in 2023
LONDON (Reuters) – Britain’s economy is forecast to shrink by 1.4% in 2023, finance minister Jeremy Hunt said on Thursday,…
Gobble, gobble, gulp! Food prices put the bite on U.S. Thanksgiving feast
By Howard Schneider WASHINGTON (Reuters) – Let the sticker shock begin: The upcoming U.S. Thanksgiving holiday, a time when families…
J.P.Morgan predicts a mild U.S. recession next year
(Corrects to add story identifier) (Reuters) -J.P.Morgan economists predict a “mild recession” in the United States in the back half…
Euro zone Oct y/y inflation revised marginally lower, still record high
BRUSSELS (Reuters) – Euro zone inflation in October was marginally lower than previously reported in year-on-year terms but still at…
Analysis-Political gridlock may help U.S. stocks but inflation still in driver’s seat
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Split control of the U.S. Congress following the midterm elections may provide…