BERLIN (Reuters) – The European Union does not want to wage a subsidy war against the United States over its…
Cash is king in Lebanon as banks atrophy
By Maya Gebeily CHTAURA, Lebanon (Reuters) – The money exchange shop in Lebanon’s Bekaa Valley was buzzing with business. Cellphones…
U.S. Justice Department asks Tesla for documents on driver assist systems
(Reuters) – Tesla Inc said on Tuesday it has received requests from the U.S. Department of Justice for documents related…
Analysis-Company profits in focus in CEE inflation fight
By Gergely Szakacs and Anna Wlodarczak-Semczuk BUDAPEST/WARSAW (Reuters) – Even as hopes grow that central European economies can avoid all-out…
Russian central bank sees inflation risks rising in 2023
MOSCOW (Reuters) -Russia’s labour market, budget and balance of payments will exert inflationary pressures in 2023, the central bank said…
Analysis-Italy promotes short-term job market, shunning Spain’s example
By Antonella Cinelli and Valentina Consiglio ROME (Reuters) – Marta Pizza, a 26-year-old swimming instructor, has worked at a Rome…
Turkey expects to collect $5.32 billion in debt restructuring before elections
ANKARA (Reuters) – Turkey’s government is expecting some 100 billion lira ($5.32 billion) in payment as part of a restructuring…
Refiner Phillips 66 joins rivals in posting sky-high profit
(Reuters) – Phillips 66 on Tuesday became the latest refiner to post bumper quarterly profit, as higher fuel demand boosted…
Homebuilder PulteGroup’s quarterly profit beats estimates on higher house prices
(Reuters) – U.S. homebuilder PulteGroup Inc on Tuesday beat Wall Street estimates for quarterly profit on the back of higher…
Bed Bath & Beyond’s road to potential bankruptcy
(Reuters) – From a failed merchandising strategy to activist investor pressure over exaggerated payments to executives, Bed Bath & Beyond…