By Marie Mannes STOCKHOLM (Reuters) – Volvo Cars’ top executive said on Thursday that the Swedish automaker has no intention…
Tapestry lifts profit outlook as younger shoppers snap up Coach handbags
(Reuters) – Tapestry Inc on Thursday raised its annual profit forecast after topping Wall Street estimates for quarterly earnings, as…
Brazil retail sales growth smallest in six years in 2022
SAO PAULO (Reuters) – Retail sales volumes in Brazil posted in 2022 their smallest annual growth in six years, government…
Credit Suisse seeks investors after buying Klein’s advisory boutique
By Stefania Spezzati and John O’Donnell FRANKFURT (Reuters) -Credit Suisse has taken another step towards creating a standalone investment bank…
Bank of England officials split over future path for rates
By David Milliken and Andy Bruce LONDON (Reuters) -Bank of England policymakers disagreed on Thursday about where interest rates need…
Brazil finance minister backs Lula on rates but is focused on economy -source
By Marcela Ayres and Ricardo Brito BRASILIA (Reuters) – Brazil’s Finance Minister Fernando Haddad agrees with President Luiz Inacio Lula…
Consumer prices in Brazil up 0.53% in January amid govt, cenbank feud
SAO PAULO (Reuters) -Brazil’s consumer prices rose slightly less than expected in January, but the latest data is unlikely to…
Falling online prices point to U.S. goods deflation continuing
By Howard Schneider WASHINGTON (Reuters) – Prices for online goods in the United States fell 1% in January compared to…
Nissan’s Q3 operating profit more than doubles, outstrips expectations
TOKYO (Reuters) – Japan’s Nissan Motor Co on Thursday posted a better-than-expected 155% jump in third-quarter operating profit, boosted by…
JPMorgan CEO says too early to declare victory against inflation
By Lananh Nguyen MIAMI (Reuters) -The chief executive of JPMorgan Chase & Co., the biggest U.S. bank, cautioned against declaring…