By Nerijus Adomaitis and Nora Buli OSLO/LONDON (Reuters) – Equinor posted a record $74.9 billion adjusted operating profit on Wednesday,…
Illumina fights EU order to divest Grail
By Foo Yun Chee BRUSSELS (Reuters) – U.S. life science company Illumina on Wednesday took its case to senior EU…
Exclusive-Peru mines power on despite protests, though shutdown risk looms
By Alexander Villegas and Adam Jourdan ESPINAR, Peru (Reuters) – Peru’s biggest copper mines have been able to maintain production…
Fed’s Williams: Financial conditions seem broadly consistent with the Fed’s outlook on policy
By Michael S. Derby NEW YORK (Reuters) – New York Fed President John Williams said financial conditions are roughly in…
Michael Kors owner Capri cuts forecasts as demand slows, shares plunge 24%
By Uday Sampath Kumar (Reuters) – Michael Kors owner Capri Holdings Ltd on Wednesday cut its annual profit forecast and…
South Africa’s consumer goods firms warn of much higher prices as power cuts bite
By Nqobile Dludla JOHANNESBURG (Reuters) – South African manufacturers and retailers of food and other essential products warned on Wednesday…
Canadian dollar to rise later in 2023 on more favorable global outlook: Reuters poll
By Fergal Smith TORONTO (Reuters) – The Canadian dollar is set to rise later this year as the global economic…
Mamma mia! Pizza got 16% more expensive in the EU last year
(Reuters) – The cost of store-bought pizza and quiche in the European Union grew in December by 16% from a…
Italy inflation-adjusted retail sales fell in 2022
ROME (Reuters) -Italian retail sales increased in value terms but decreased in volume in 2022 compared to the previous year,…
China remains Germany’s main trading partner for seventh year
BERLIN (Reuters) – Trade between Germany and China rose to a record level last year, making the Asian country Germany’s…