A look at the day ahead in U.S. and global markets from Mike Dolan. It looks less like fighting the…
Fed’s Powell says no rate cuts this year, and markets hear it differently
By Ann Saphir and Lindsay Dunsmuir (Reuters) – Federal Reserve Chair Jerome Powell had a clear message on Wednesday: as…
Panasonic cuts full-year outlook as costly raw materials weigh
By Daniel Leussink TOKYO (Reuters) -Japan’s Panasonic Holdings Corp cut its annual operating profit forecast by 12.5% on Thursday after…
Germany’s Habeck optimistic trade dispute with U.S. can be avoided
BERLIN (Reuters) – German Economy Minister Robert Habeck expressed optimism on Thursday that a trade dispute with the United States…
France, Germany test water on US green subsidies
By Maria Martinez BERLIN (Reuters) – Germany’s Economy Minister Robert Habeck and French Finance Minister Bruno Le Maire will head…
German exports drop 6.3% in Dec, suggesting slowing economy
By Maria Martinez BERLIN (Reuters) -German exports fell more than expected in December amid high inflation and market uncertainty, suggesting…
Berkshire Hathaway sells $44.9 million of shares in China’s BYD
(Reuters) – Berkshire Hathaway, the investment company owned by Warren Buffett, has sold 1.55 million Hong Kong-listed shares of electric…
Mitsubishi UFJ, Mizuho report strong Q3 results on solid loan demand
By Makiko Yamazaki TOKYO (Reuters) -Mitsubishi UFJ Financial Group Inc and Mizuho Financial Group on Thursday reported strong third-quarter profits…
End of easy-cash era is going to hurt
(This Feb. 1 story has been corrected to fix the name of CIO in the “Going Private” section to Nicoll…
Trump’s Scottish golf courses recorded more losses in 2021
LONDON (Reuters) – Former U.S. President Donald Trump’s two Scottish golf courses lost 4.4 million pounds ($5.44 million) in 2021,…