(Reuters) -UnitedHealth Group Inc beat Wall Street expectations for fourth-quarter profit on Friday, as lesser COVID-related expenses kept a check…
World Cup drinkers boost UK GDP, easing recession risk
By David Milliken and Andy Bruce LONDON (Reuters) -Britain’s economy unexpectedly eked out some growth in November after a boost…
Investor Peltz, corporate doctor, pushes Disney to take bitter pill
By Svea Herbst-Bayliss and Dawn Chmielewski NEW YORK (Reuters) – Billionaire activist investor Nelson Peltz often presents himself as a…
Drug companies favor biotech meds over pills, citing new U.S. law
By Deena Beasley San Francisco (Reuters) – Drugmakers are prioritizing complex biotech medicines over treatments that can be given as…
Wells Fargo misses profit estimate on higher reserves, scandal costs
By Noor Zainab Hussain and Hannah Lang (Reuters) -Wells Fargo & Co on Friday reported a 50% decline in profit…
Rate rises could add $8.6 trillion to global borrowing costs -S&P
By Naomi Rovnick LONDON (Reuters) – Central bank rate rises could land global borrowers with $8.6 trillion in extra debt…
Russian oil in roubles hits lowest since Nov 2020, below budget target
MOSCOW (Reuters) – The price of Russia’s flagship Urals oil in roubles has hit its lowest level since November 2020,…
German economy likely stagnated in Q4, escaping recession for now
By Maria Martinez and Paul Carrel BERLIN (Reuters) -German economic output stagnated in the final quarter of 2022 and grew…
Investors jump into equities and bonds in Goldilocks scenario – BofA
LONDON (Reuters) -Investors poured money into equity and bond funds and moved money out of gold in the week to…
Goldman Sachs’ investment team bullish on equities -report
By Carolina Mandl NEW YORK (Reuters) – Goldman Sachs Investment Strategy Group expects U.S. equities to generate positive returns for…