Bank of England must ‘stay the course’, deputy governor Ramsden says
By David Milliken LONDON (Reuters) -The Bank of England needs to focus on tightening monetary policy sufficiently to control inflation,…
April 21, 2023
Walmart offloads second e-fashion brand in days with focus on margins
(Reuters) – Walmart Inc is selling plus-size fashion brand Eloquii Inc just over a week after it agreed to offload…
Henkel expects net financial loss from sale of Russia business
(Reuters) – Henkel on Friday said it expects to see a net financial loss in the deal to sell its…
Oil rises but post weekly loss as economic uncertainty weighs
By Erwin Seba HOUSTON (Reuters) -Oil prices edged higher on Friday on strong economic data in the euro zone and…
Vanguard Bought Large Banks’ Bonds On The Cheap During March Turmoil
By Davide Barbuscia NEW YORK (Reuters) – Vanguard, the world’s second-largest asset manager, increased exposure to large bank’s bonds during…
Vanguard bought large banks’ bonds on the cheap during March turmoil
By Davide Barbuscia NEW YORK (Reuters) – Vanguard, the world’s second-largest asset manager, increased exposure to large bank’s bonds during…
US unions call on railroads to halt buybacks, ditch lean operating model
By Amna Karimi (Reuters) – U.S. labor unions called on railroad operators to halt all stock buybacks until they improve…
US dollar flat to modestly higher as upbeat data backs May rate hike
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The U.S. dollar was little changed to slightly higher against major currencies on…
Trump ally Jordan urges court to allow deposition of ex-prosecutor
By Luc Cohen NEW YORK (Reuters) – U.S. Representative Jim Jordan, one of Donald Trump’s staunchest allies in Congress, on…
Italy’s antitrust authority moves against Meta in music rights case
MILAN (Reuters) – Italy’s antitrust authority said on Friday it had taken measures against Meta Platforms over allegations it abused…