WASHINGTON (Reuters) – Production at U.S. factories rebounded in January, but output in the prior month was much weaker than…
New York factory activity contracts less than expected in February, NY Fed says
(Reuters) – The New York Federal Reserve said on Wednesday its barometer of manufacturing activity in New York State contracted…
Private equity firm TPG’s Q4 earnings drop 26% on lower asset sales
By Chibuike Oguh NEW YORK (Reuters) – TPG Inc said on Wednesday that its fourth-quarter distributable earnings fell 26% year-on-year…
Bond euphoria grinds to a halt as inflation lingers
By Naomi Rovnick and Yoruk Bahceli LONDON (Reuters) – Just like that, euphoria in the world’s biggest bond markets has…
Resurgent China to drive 2023 oil demand, supply shortfall possible in H2 -IEA
By Noah Browning LONDON (Reuters) -China will make up nearly half of this year’s oil demand growth after it relaxed…
Goldman says consumer-facing credit cards never became ‘meaningful’ part of strategy
(Reuters) -Goldman Sachs Group Inc said on Wednesday a consumer-facing proprietary credit card never became “a meaningful part” of the…
Tesla to halt some China production for upgrades – Bloomberg News
(Reuters) – Tesla Inc will suspend some production until the end of February as the electric-vehicle maker upgrades the facility…
Global demand for lithium batteries to leap five-fold by 2030- Li-Bridge
(Reuters) – Global demand for lithium batteries is expected to surge more than five-fold by 2030, public-private alliance Li-Bridge said…
Deutsche Bank increases U.S. terminal rate forecast
LONDON (Reuters) – Deutsche Bank has raised its forecasts for where U.S. interest rates will end up, as latest inflation…
Barclays shares tumble 9% as profit disappoints
By Lawrence White and Iain Withers LONDON (Reuters) – Barclays reported a 14% fall in full-year pretax profit on Wednesday…