By Gavin Jones and Giuseppe Fonte ROME (Reuters) – Italy’s new prime minister Giorgia Meloni needs urgently to rein in…
Special Report-FTX’s Bankman-Fried begged for a rescue even as he revealed huge holes in firm’s books
By Angus Berwick, Anirban Sen, Elizabeth Howcroft and Lawrence Delevingne (Reuters) – As customers withdrew billions of dollars from crypto…
Peloton to sell exercise bikes on Amazon UK
(Reuters) – Peloton Interactive Inc will start selling its exercise bike and other fitness accessories on e-commerce giant Amazon.com Inc’s…
Israel’s GDP growth slows in Q3 but rate hike still likely
By Steven Scheer JERUSALEM (Reuters) -Israel’s economic growth slowed in the third quarter as consumer spending weakened, though it still…
The case for a “soft” Fed landing may finally be taking hold
By Howard Schneider WASHINGTON (Reuters) – Accumulating evidence that prices are slowing, alongside signs of stretched consumer finances and even…
Exclusive-China advisers say they’ll recommend modest growth target for 2023
By Kevin Yao BEIJING (Reuters) – Chinese government advisers say they will recommend modest economic growth targets for next year…
South African retail sales fall 0.6% year on year in September
JOHANNESBURG (Reuters) – South African retail sales fell 0.6% year on year in September after rising by a revised 2.1%…
Lowe’s lifts annual profit forecast on higher prices, steady demand
(Reuters) – Lowe’s Cos Inc raised its full-year profit forecast on Wednesday, encouraged by higher prices and steady demand for…
Treasury market shows resilience in face of aggressive Fed rate hikes
By Michael S. Derby NEW YORK (Reuters) – Fears that aggressive Federal Reserve interest rate rises would break the Treasury…
Marketmind: Shot across the bow
A look at the day ahead in U.S. and global markets from Mike Dolan. The jolt to world markets from…