By Ann Saphir WASHINGTON (Reuters) – Financial markets this week latched on to what U.S. Federal Reserve Chair Jerome Powell…
Keppel profit slumps on China lockdown, real estate woes; sees green shoots
By Roushni Nair and Sameer Manekar (Reuters) – Singapore’s Keppel Corp posted a steeper-than-expected drop in annual profit on Thursday…
Bridgewater names Karen Karniol-Tambour as third co-CIO
(Reuters) – Bridgewater Associates, the hedge fund founded by billionaire Ray Dalio, is naming Karen Karniol-Tambour as its third co-chief…
U.S. refiners throttle back Q1 output after record 2022 runs
By Erwin Seba HOUSTON (Reuters) – U.S. oil refiners are dialing back operating runs this quarter after sky-high utilization rates…
Eli Lilly’s weak diabetes drugs sales cloud 2023 profit forecast
By Bhanvi Satija and Patrick Wingrove (Reuters) -Eli Lilly and Co missed Wall Street estimates for fourth-quarter sales of both…
ConocoPhillips joins Big Oil’s parade of bumper profits but shares fall
By Arunima Kumar and Liz Hampton (Reuters) -ConocoPhillips said on Thursday its profit more than doubled to $18.7 billion in…
Google tees up venue clash over U.S. advertising antitrust lawsuit
By Mike Scarcella (Reuters) – Lawyers for Alphabet Inc’s Google LLC on Wednesday said they will ask a federal judge…
Analysts sceptical as Casino opens talks with Teract
By Mathieu Rosemain and Dominique Vidalon PARIS (Reuters) – Casino’s preliminary talks with Teract to combine their French retail activities…
After a joint rate surge, central banks start to see the end in sight
By Howard Schneider, Balazs Koranyi and William Schomberg WASHINGTON/FRANKFURT/LONDON (Reuters) – Global central banks that raced to raise interest rates…
Profit of NYSE parent ICE hit by mortgage headwinds, misses views
(Reuters) -New York Stock Exchange-owner Intercontinental Exchange Inc on Thursday reported a fourth-quarter profit slightly below Wall Street expectations, as…