U.S. Weekly Jobless Claims Rise; Housing Starts Fall
By Lucia Mutikani WASHINGTON (Reuters) -The number of Americans filing new claims for jobless benefits unexpectedly rose last week, but…
2022
Hard Bargains As European Retailers Take On Food Giants
By Richa Naidu LONDON (Reuters) – European retailers are locked in extended price negotiations with giant food companies – including…
Nissan Will Build Two Electric Vehicles At Its Mississippi Plant
By Joseph White DETROIT (Reuters) – Nissan Motor Co said on Thursday it will invest $500 million to retool its…
Kering Flags Possible M&A And U.S. Expansion As Gucci Rides Luxury Sales Boom
By Mimosa Spencer and Silvia Aloisi PARIS (Reuters) – Gucci owner Kering said on Thursday it was on the hunt…
AutoNation Results Top Estimates On Strong Demand For Used Cars
By Joseph White and Kannaki Deka (Reuters) -No. 1 U.S. auto retailer AutoNation Inc beat Wall Street estimates for fourth-quarter…
Weekly US jobless claims up, but remain historically low
WASHINGTON (AP) — Applications for U.S. unemployment benefits rose last week but remain near historically low levels, reflecting relatively few…
DoorDash Shares Surge On Revenue Beat, Stand Out Among Pandemic Darlings
(Reuters) – Shares of DoorDash Inc surged 26% in premarket trade on Thursday after the food-delivery company beat estimates for…
Adidas Says Will Grow In China In 2022
BERLIN (Reuters) – German sportswear company Adidas said on Thursday it would grow in its key market of China in…
Despite high inflation, Turkey keeps interest rate unchanged
ANKARA, Turkey (AP) — Turkey’s central bank on Thursday kept its key interest rate unchanged for a second consecutive month…
Walmart steers through inflation, boosting profit and sales
NEW YORK (AP) — Walmart muscled through rising inflation, a snarled global supply chain and surging costs related to COVID-19…