Honda posts 78% rise in Q1 profit on U.S. sales jump
TOKYO (Reuters) -Japan’s Honda Motor reported a 78% rise in quarterly profit on Wednesday, boosted by increased sales, especially in…
August 2023
Rising prices for travel yet to curb wanderlust
By Joanna Plucinska, Rajesh Kumar Singh, Doyinsola Oladipo and Priyamvada C LONDON/CHICAGO/NEW YORK (Reuters) -The post-pandemic travel boom and the…
Mexico’s inflation rate slows for sixth straight month
MEXICO CITY (Reuters) -Mexico saw its annual inflation rate slow for the sixth consecutive month in July to 4.79%, data…
Bond strategists cling to forecasts for declining U.S. yields: Reuters poll
By Sarupya Ganguly and Indradip Ghosh BENGALURU (Reuters) – U.S. Treasury yields will fall in coming months despite clear signs…
Italy’s Meloni defends bank windfall tax raid
By Angelo Amante and Valentina Za ROME (Reuters) -Prime Minister Giorgia Meloni on Wednesday defended the decision to impose a…
Taiwan pitches deeper Europe engagement after TSMC Germany investment
By Ben Blanchard and Friederike Heine TAIPEI/BERLIN (Reuters) -Taiwan said on Wednesday chipmaker TSMC’s 3.5 billion euro ($3.83 billion) investment…
Ukraine’s annual consumer inflation slows to 11.3% in July
KYIV (Reuters) – Ukraine’s annual consumer inflation slowed to 11.3% in July compared with the same month a year ago,…
Target sued by investor over backlash to LGBTQ merchandise
By Jody Godoy (Reuters) – A conservative legal organization sued Target on Tuesday on behalf of an investor, saying the…
Carvana shares jump after co forecasts upbeat Q3 core profit
(Reuters) -Used-car retailer Carvana expects its third-quarter adjusted core profit to be above $75 mln from its prior forecast of…
Lyft falls as pricing strategy casts shadow over profit goals
By Akash Sriram (Reuters) -Lyft’s shares fell more than 7% on Wednesday as investors feared the ride-hailing platform’s focus on…