By Amruta Khandekar and Devik Jain (Reuters) -Europe’s STOXX 600 index fell on Wednesday as investors fretted about runaway inflation,…
Russian rouble strengthens vs euro as Russia resumes OFZ auctions
By Alexander Marrow MOSCOW (Reuters) -The Russian rouble strengthened on Wednesday, climbing to a near two-week high against the euro…
U.S. single-family home starts fall to lowest level in more than two years
(Reuters) -U.S. homebuilding fell more than expected in September and the number of new groundbreakings for single-family homes tumbled to…
Procter & Gamble sales, earnings get boost from price hikes
By Uday Sampath Kumar and Jessica DiNapoli (Reuters) -Procter & Gamble Co beat estimates for quarterly sales and profit on…
Banks brace for tax hit to help plug UK’s budget gap
By Iain Withers and Lawrence White LONDON (Reuters) -British banks are bracing for a potential tax hit to their profits…
Oilfield firm Baker Hughes tops estimates, warns on inflation
By Liz Hampton and Arunima Kumar (Reuters) -Baker Hughes Co on Wednesday posted an adjusted third-quarter profit that topped Wall…
Canada’s inflation beat boosts chances of 75 bps rate hike
By Julie Gordon OTTAWA (Reuters) – Canada’s annual inflation rate edged down but exceeded forecasts in September while underlying price…
JPMorgan launches fundraising platform to lure startups
By Krystal Hu (Reuters) – JPMorgan Chase & Co is launching a platform that aims to connect startup founders with…
Analysis-Goldman Sachs’ consumer pivot solves one question, but makeover raises more
By Lananh Nguyen and Saeed Azhar NEW YORK (Reuters) – Goldman Sachs Group Inc’s strategy pivot has solved one problem…
Investor Elliott takes stake in Germany’s Fresenius – source
FRANKFURT (Reuters) -Elliott Investment Management has taken a stake in Fresenius SE, a person familiar with the matter told Reuters…