By Uday Sampath Kumar (Reuters) -Target Corp forecast a surprise drop in holiday-quarter sales on Wednesday, blaming surging inflation and…
U.S. watchdog gained “good access” to audits of Chinese firms -sources
By Xie Yu, Chris Prentice and Julie Zhu HONG KONG/WASHINGTON (Reuters) – U.S. regulators gained “good access” in their review…
Portugal’s finance minister backs planned EU debt rule flexibility
By Sergio Goncalves and Aislinn Laing LISBON (Reuters) – Portugal’s finance minister has backed the European Commission’s proposal to change…
Goldman raises forecast for 2023 Fed rate peak by 25 basis points
(Reuters) – Goldman Sachs on Wednesday raised its forecast for the peak in the federal funds rate by 25 basis…
Polish parliament votes to loosen spending rules in 2022
WARSAW (Reuters) – Poland’s parliament passed a bill loosening limits on additional spending in 2022 on defence and support related…
UK inflation hits 41-year high as Hunt readies tough budget
By Andy Bruce and William Schomberg LONDON (Reuters) – Surging household energy bills and food prices pushed British inflation to…
Exclusive-Russian software disguised as American finds its way into U.S. Army, CDC apps
By James Pearson and Marisa Taylor LONDON/WASHINGTON (Reuters) -Thousands of smartphone applications in Apple and Google’s online stores contain computer…
Fed’s Williams says monetary policy not best tool for financial stability
By Michael S. Derby NEW YORK (Reuters) -New York Federal Reserve President John Williams said on Wednesday he still believes…
United Airlines expects busiest travel day since start of COVID this Thanksgiving
By David Shepardson WASHINGTON (Reuters) – United Airlines said Wednesday it expects to carry 5.5 million passengers during the Thanksgiving…
Europe’s STOXX 600 drops 1% on Mercedes drag; Target outlook weighs on retailers
By Shreyashi Sanyal and Devik Jain (Reuters) -Europe’s STOXX 600 index snapped a four-day winning streak on Wednesday, led by…