By Mike Dolan LONDON (Reuters) – Like mirages on the horizon, recession forecasts seem to be appearing and disappearing with…
Marketmind: The Powell Put
A look at the day ahead in European and global markets from Wayne Cole. Wall Street must be hoping Federal…
Unilever to build Mexico plant as part of $400 million investment
MEXICO CITY (Reuters) – Unilever Plc will build a manufacturing plant in the northern Mexican border state Nuevo Leon as…
Dollar drops as Fed’s Powell repeats disinflation comments, seen less-hawkish
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar fell from one-month highs on Tuesday after U.S. Federal Reserve Chair…
Oil surges more than 3% as Fed’s Powell eases rate hike concerns
By Stephanie Kelly NEW YORK (Reuters) -Oil prices climbed more than 3% on Tuesday after the head of the U.S.…
Arm CEO says firm fully committed to a market listing this year
By Stephen Nellis SAN FRANCISCO (Reuters) – The chief executive of Softbank-owned British chip technology firm Arm told Reuters on…
European shares gain on earnings boost, focus on Powell comments
By Ankika Biswas and Amruta Khandekar (Reuters) – European shares eked out slim gains on Tuesday, helped by some upbeat…
BP makes record profit in 2022, slows shift from oil
By Ron Bousso and Shadia Nasralla LONDON (Reuters) – BP reported on Tuesday a record profit of $28 billion for…
HSBC says the ‘headwinds are ahead’ for UK mortgage holders
LONDON (Reuters) – Many mortgage borrowers could struggle to manage more expensive home loans this year, one of Britain’s top…
Australia hikes rates, but pause from big central banks is near
LONDON(Reuters) – Australia was the latest major central bank to raise rates and on Tuesday hinted at further hikes, even…