By Mike Stone and Nathan Gomes (Reuters) – U.S. defense contractor Northrop Grumman Corp on Thursday forecast full-year sales above…
SAP to cut 3,000 jobs, explore Qualtrics stake sale
By Kirsti Knolle and Supantha Mukherjee BERLIN/STOCKHOLM (Reuters) -SAP said on Thursday it planned to cut 3,000 jobs, or 2.5%…
UK retail sales volumes slide at fastest rate since April – CBI
LONDON (Reuters) – British retail sales volumes slid over the last month at the fastest rate since April last year,…
Philippines 2022 GDP growth quickest in over 4 decades, but outlook challenging
By Neil Jerome Morales and Enrico Dela Cruz MANILA (Reuters) – The Philippine economy ended 2022 with the fastest growth…
French caterer Elior’s shares slide on sales miss
By Diana Mandia (Reuters) – Elior posted a smaller-than-expected rise in first quarter sales on Thursday as the French catering…
Italy business morale improves in January but consumers more downbeat
ROME (Reuters) – Morale amongst Italian businesses rose in January but consumer confidence worsened, national statistics bureau ISTAT reported on…
U.S. inflation roller coaster prompts fresh look at long-ignored money supply
By Michael S. Derby NEW YORK (Reuters) – The amount of money sloshing around the U.S. economy shrank last year…
Canada expected to buck trend of big investment banking layoffs
By Maiya Keidan TORONTO (Reuters) – Some of Canada’s top investment banks plan to maintain staffing levels to meet client…
Turkey’s central bank sticks to forecast for inflation plunge
By Ali Kucukgocmen and Ece Toksabay ANKARA (Reuters) – Turkey’s central bank stuck to its forecasts for a sharp drop…
Marketmind: Parsing the peak, sidestepping a slump
A look at the day ahead in U.S. and global markets from Mike Dolan. There’s no shortage of economic gloom…