Global factories struggle for momentum amid patchy demand
By Jonathan Cable, Leika Kihara and Lucia Mutikani LONDON/TOKYO/WASHINGTON (Reuters) – Sluggish global demand deepened the decline in manufacturing activity…
June 2023
Stoltenberg to travel to Turkey to discuss Sweden’s NATO membership
By Gwladys Fouche and Sabine Siebold OSLO (Reuters) -NATO Secretary-General Jens Stoltenberg said on Thursday he would soon travel to…
New England to have enough power for this summer -operator
(Reuters) – New England is expected to have enough resources this summer to meet consumer demand for power in normal…
Macy’s forecasts dour 2023, blames higher promotions to counter slow demand
By Ananya Mariam Rajesh (Reuters) -Macy’s Inc on Thursday cut annual sales and profit forecasts, blaming an inflation-induced slowdown in…
Vanguard fined for providing misleading account statements to its customers
By Jaiveer Shekhawat (Reuters) -Vanguard Group, the world’s largest issuer of mutual funds, was fined and censured by the Financial…
Gap Settles Patagonia Trademark Lawsuit Over ‘iconic’ Pocket Design
By Andrew Goudsward (Reuters) – Outdoor clothing retailer Patagonia Inc has settled its lawsuit accusing Gap Inc of illegally copying…
Gap settles Patagonia trademark lawsuit over ‘iconic’ pocket design
By Andrew Goudsward (Reuters) – Outdoor clothing retailer Patagonia Inc has settled its lawsuit accusing Gap Inc of illegally copying…
US weekly jobless claims rise slightly; labor market defies recession fears
By Lucia Mutikani WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits increased modestly last week…
Macron struggles to kick France’s spending habit
By Leigh Thomas PARIS (Reuters) – President Emmanuel Macron has loosened labour laws and cut taxes among other reforms to…
Will OPEC+ announce more output cuts? Analysts have their say
(Reuters) – The Organization of the Petroleum Exporting Countries with Russia and other allies, or OPEC+, meet on June 4…