Double-digit growth in real wages, retail sales as Russia’s unemployment hits record low
(Reuters) – Record low unemployment in June highlighted Russia’s stark labour shortage, statistics data showed on Wednesday, even as the…
Brazil’s Lula: Amazon countries summit to build common policy for first time
BRASILIA (Reuters) – Brazil President Luiz Inacio Lula da Silva on Wednesday said that next week’s summit of Amazon region…
Ferrari’s personal touch on cars helps it lift forecasts
By Giulio Piovaccari MILAN (Reuters) -Luxury sports car maker Ferrari raised its full-year revenue and core earnings forecasts on Wednesday,…
Bunge lifts 2023 earnings view after Q2 profit beat, shares surge
By Karl Plume (Reuters) – Bunge Ltd raised its full-year earnings outlook on Wednesday after improved processing margins helped the…
CVS Health begins cost saving plan ahead of uncertain 2024
By Khushi Mandowara and Bhanvi Satija (Reuters) -CVS Health Corp on Wednesday said it began cutting jobs and had shut…
Small businesses boost US private payrolls in July
By Lucia Mutikani WASHINGTON (Reuters) -U.S. private payrolls rose more than expected in July as small businesses boosted hiring, pointing…
New York struggles to shelter, process asylum-seekers amid heat
By Rachel Nostrant NEW YORK (Reuters) – Knees to their chests, dozens of men from countries such as Venezuela, Mali,…
Wells Fargo pledges $60 million for worker re-entry program
By Nupur Anand NEW YORK (Reuters) – Wells Fargo on Wednesday said it may commit $60 million to Concordance, a…
Mexican central bank reluctant to hike again even if US rates rise further, Heath says
By Raul Cortes and Kylie Madry MEXICO CITY (Reuters) -The Mexican central bank’s benchmark interest rate is at the correct…
DuPont lifts full-year sales forecast in bets on improving demand
By Arshreet Singh (Reuters) -DuPont de Nemours Inc raised its 2023 sales forecast on Wednesday, betting on demand picking up…