Euro zone inflation will slow but momentum still high: ECB’s Lane
(Reuters) – Euro zone inflation will slow sharply this year but price growth momentum remains high for now, including for…
May 8, 2023
India says banking system sheltered from wider sector turmoil
By Shivangi Acharya NEW DELHI (Reuters) -India’s Financial Stability and Development Council (FSDC) considers the country’s banking system to be…
US wholesale inventories unchanged for second straight month; sales drop
WASHINGTON (Reuters) -U.S. wholesale inventories were unchanged for the second straight month in March, while softening demand meant that it…
U.S. dollar struggles, pound hits one-year high
By Laura Matthews and Alun John NEW YORK/LONDON (Reuters) – The dollar remained relatively weaker against most of its major…
Blackstone’s delisting offer for India’s R Systems fails
BENGALURU (Reuters) – Blackstone Inc’s delisting offer for India’s R Systems International Ltd was unsuccessful as the U.S. investment fund…
Catalent shares tank on warning of $400 million cut to annual revenue forecast
(Reuters) -Catalent Inc expects to cut by more than $400 million both its full-year revenue and core profit forecasts, the…
Assa, Spectrum Brands reach settlement with US on deal
(Reuters) -Sweden’s Assa Abloy AB, the world’s No. 1 lock maker, and U.S.-based Spectrum Brands Holdings said on Friday they…
Factbox-What did former FCC Chair Newton Minow say about television?
WASHINGTON (Reuters) – Newton Minow’s first speech as chair of the Federal Communications Commission was his most memorable. In addressing…
Virgin Galactic To Start Commercial Flight In Late June, Shares Rise
(Reuters) – Space-tourism company Virgin Galactic Holdings said on Monday that a four-member test flight will take place in May…
Virgin Galactic to start commercial flight in late June, shares rise
(Reuters) – Space-tourism company Virgin Galactic Holdings said on Monday that a four-member test flight will take place in May…