Nasdaq, S&P 500 Jump On Meta Rise, Fed Relief
By Lewis Krauskopf, Shreyashi Sanyal and Johann M Cherian (Reuters) – The Nasdaq and S&P 500 jumped and touched roughly…
February 2023
Markets To Central Bankers: We Don’t Believe You
By Naomi Rovnick and Dhara Ranasinghe LONDON (Reuters) – Central bank policy announcements, once viewed as the rule book for…
Adani’s Market Losses Top $100 Billion As Crisis Shockwaves Spread
By Aftab Ahmed, Chris Thomas and Aditya Kalra NEW DELHI/MUMBAI (Reuters) -Adani’s market losses swelled above $100 billion on Thursday,…
Price Cap On Russian Refined Fuels Set To Disrupt Trade
By Swati Verma and Noah Browning (Reuters) – The European Union’s ban on imports of Russian refined oil products, including…
Harley-Davidson Profit Jumps Amid Boom In Leisure Spending, Shares Up 8%
By Bianca Flowers and Aishwarya Nair (Reuters) -Harley-Davidson Inc reported higher-than-expected quarterly profit on Thursday as a boost in bike…
Shell 2022 Profit More Than Doubles To Record $40 Billion
By Ron Bousso and Shadia Nasralla LONDON (Reuters) – Shell delivered a record $40 billion profit in 2022, the energy…
U.S. Weekly Jobless Claims Fall; Layoffs Surge In January
WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits unexpectedly fell last week as the labor…
Bank Of England Raises Borrowing Costs To 4%, Hints Rates Near Peak
By William Schomberg and David Milliken LONDON (Reuters) – The Bank of England raised interest rates for the 10th time…
Estee Lauder Raises Annual Sales Forecast On Resilient Beauty Demand
(Reuters) – Estee Lauder Cos Inc raised its full-year sales forecast on Thursday, on resilient demand for its skincare and…
Japan’s ANA Holdings Raises Profit Forecast As Travel Demand Recovers
TOKYO (Reuters) -The operator of Japan’s largest airline, ANA Holdings Inc, raised its full-year profit forecast as travel demand recovers…