3M to cut 6,000 roles globally as weak consumer electronics demand bites
By Kannaki Deka (Reuters) – 3M Co will cut about 6,000 positions globally in a second round of lay-offs this…
April 2023
U.S. hotels set for earnings bump from robust travel even as costs weigh
By Priyamvada C (Reuters) – U.S. hotel operators are expected to post a rise in first-quarter profit even as they…
BoE’s Broadbent says central bank bond-buying not to blame for inflation surge
LONDON (Reuters) -Bank of England (BoE) Deputy Governor Ben Broadbent said on Tuesday that central banks should not ignore measures…
UPS confident of reaching agreement with Teamsters by July-end
(Reuters) – United Parcel Service Inc said on Tuesday it was confident of reaching an agreement over a new contract…
William settled hacking case with UK paper group, Harry says
By Michael Holden and Sam Tobin LONDON (Reuters) -Britain’s Prince William settled a phone-hacking claim against Rupert Murdoch’s UK newspaper…
China rolls out plan to boost trade amid weakening global demand
BEIJING (Reuters) -China’s cabinet on Tuesday issued a plan to stabilise its vital trade sector, including supporting exports of automobiles…
NVR beats quarterly profit expectations on higher home prices
(Reuters) – Homebuilder and mortgage banking company NVR Inc beat analysts’ expectations for first-quarter profit on Tuesday, helped by higher…
TSX falls as commodity stocks slide, investors weigh key earnings
By Shristi Achar A (Reuters) – Canada’s main stock index fell on Tuesday as investors remained on the sidelines in…
Brazil’s cenbank governor signals no room for rate cut amid inflation concerns
BRASILIA (Reuters) – Brazilian central bank Governor Roberto Campos Neto ruled out an imminent interest rate cut by emphasizing that…
US New Home Sales Soar To One-year High In March
WASHINGTON (Reuters) – Sales of new U.S. single-family homes jumped to a one-year high in March, likely as a retreat…