Bed Bath & Beyond Reports Quarterly Loss, Bankruptcy Threat Looms
(Reuters) -Bed Bath & Beyond Inc on Tuesday reported a quarterly loss of about $393 million after a tough holiday…
January 2023
Morgan Stanley bumps up China growth, stocks and yuan forecasts
By Marc Jones LONDON (Reuters) – Morgan Stanley has bumped up its China growth, stock market and yuan forecasts again,…
U.S. banks get ready for shrinking profits and recession
By Saeed Azhar, Niket Nishant and Lananh Nguyen NEW YORK (Reuters) – U.S. banking giants are forecast to report lower…
Goldman Sachs No Longer Expects Recession In Euro Zone In 2023
(Reuters) -Goldman Sachs said on Tuesday it expects the euro zone economy to grow by 0.6% this year, compared with…
Exclusive-Shell Energy Transition Prompted Talks To Sell Norway Business
By Ron Bousso LONDON (Reuters) – Shell held talks with Harbour Energy to sell its Norwegian oil and gas fields…
Bumper Green Aluminium Output Is Good News For Carmakers, And Climate
(This Dec. 17 story has been corrected to change the data in graphic “Abundant Supplies of Green Aluminium”) By Eric…
Dalio’s Bridgewater cements rank in 2022 as top foreign hedge fund in China
By Summer Zhen and Samuel Shen HONG KONG/SHANGHAI (Reuters) – Bridgewater has doubled its fund assets in China to more…
BMW Sales Recover In Fourth Quarter As Supply Chain Issues Ease
By Victoria Waldersee BERLIN (Reuters) – BMW fourth-quarter group sales rose 10.6%, the carmaker said on Tuesday, helped by easing…
Fixed income returns in India set to surge in 2023, prompt higher investments – analysts
(This Jan. 9 story has been corrected to fix AUM of Nuvama Wealth Management in the fourth paragraph after the…
BMW Brand Delivers 2.1 Million Vehicles In 2022
BERLIN (Reuters) – The BMW brand delivered 2.1 million vehicles in 2022, down 5.1% from the previous year, but still…