By Uday Sampath Kumar (Reuters) -Hershey Co forecast full-year net sales and profit above analysts’ estimates on Thursday, after beating…
U.S. productivity accelerates in fourth quarter
WASHINGTON (Reuters) – U.S. worker productivity increased faster than expected in the fourth quarter, resulting in a moderation in labor…
Santander books record 9.6 billion euro profit for 2022 on lending income
By Jesús Aguado MADRID (Reuters) – A solid rise in revenues and lending income allowed Spain’s Santander to post an…
Nigeria disagrees with ‘surprise’ Moody’s downgrade – finance minister
By Felix Onuah and Chijioke Ohuocha ABUJA (Reuters) – Nigeria’s finance minister said on Thursday she disagreed with what she…
ECB hikes rates, promises another 50 bps more in March
FRANKFURT (Reuters) – The European Central Bank raised interest rates for the fifth successive time on Thursday and signalled another…
U.S. layoffs surged in January as tech slashed thousands of jobs – report
By Samrhitha A (Reuters) – Layoffs in the United States hit a more than two-year high in January as technology…
Bank of England raises rates, signals end to hikes
LONDON (Reuters) – The Bank of England raised interest rates for the 10th time in a row on Thursday, but…
India ramps up spending in last budget ahead of election
By Riddhima Talwani, Kripa Jayaram and Sumanta Sen NEW DELHI (Reuters) – India’s government on Wednesday unveiled a $550 billion…
Volvo readies EV blitz in biggest product revamp under Geely
(Corrects second paragraph to say Volvo Cars is 82%-owned by Geely, not wholly owned) By Norihiko Shirouzu (Reuters) – Volvo…
Publicis predicts further growth from digital advertising
By Olivier Sorgho (Reuters) – Publicis Groupe, the world’s third-largest advertising company, expects organic net revenue growth of 3-5% this…