WASHINGTON (Reuters) – U.S. services industry activity rebounded strongly in January, with new orders recovering and prices paid by businesses…
Factbox-Bumper profits fuel surge in dividends, buybacks at oil firms
(Reuters) – Energy firms are using a chunk of their bumper quarterly profits from surging natural gas and fuel prices…
Sri Lanka bondholders ready for debt restructuring talks
By Uditha Jayasinghe and Jorgelina do Rosario (Reuters) – A group of overseas private creditors is ready to hold debt…
Analysis-From Meta to Microsoft, AI’s big moment is here
By Jeffrey Dastin (Reuters) – Big Tech companies have a new obsession: artificial intelligence. This week, chief executives across the…
Instant view: U.S. job growth accelerates in January, wage gains moderate
NEW YORK (Reuters) – U.S. job growth accelerated sharply in January amid a persistently resilient labor market, but a further…
Investors show ‘no inflation fear’ as they snap up bonds, equities and sell cash – BofA
LONDON (Reuters) -Investors showed “no inflation fear” in the run-up to this month’s key central bank meetings, ploughing money into…
Regeneron profit beats estimates on Dupixent strength
(Reuters) -Regeneron Pharmaceuticals Inc reported a better-than-expected fourth-quarter profit on Friday, as strong demand for eczema drug Dupixent helped shield a…
U.S. lifts import ban on Sime Darby Plantation products
By A. Ananthalakshmi and Rozanna Latiff KUALA LUMPUR (Reuters) – U.S. customs authorities on Friday lifted a two-year import ban…
Explainer-From ‘loathsome’ to routine, Fed has a well-rehearsed debt-limit playbook
By Howard Schneider WASHINGTON (Reuters) – Federal Reserve Chair Jerome Powell was blunt this week when he said the central…
Kering recruits Estee Lauder exec for push into cosmetics
By Mimosa Spencer PARIS (Reuters) – French luxury goods group Kering said on Friday it was entering the cosmetics business,…