Italy’s Brembo wary of getting dragged into Pirelli’s China dispute
By Giulio Piovaccari MILAN (Reuters) – Pirelli investor Brembo is worried about strains between the tyremaker’s Italian and Chinese shareholders…
Business
Powell: Fed inflation fight “has a long way to go”
NEW YORK (Reuters) – The Federal Reserve’s fight to lower inflation back to its 2% target “has a long way…
JPMorgan commercial bank enters Singapore, Israel in global push
By Nupur Anand and Lananh Nguyen NEW YORK (Reuters) – JPMorgan Chase & Co’s commercial bank is entering Singapore and…
Exclusive-Gambia tightens rules for Indian drugs after cough syrup deaths – letter
By Krishna N. Das and Edward McAllister NEW DELHI (Reuters) -Gambia will make it mandatory for all pharmaceutical products from…
UK’s stubborn inflation fails to fall, turning up heat on BoE
By David Milliken and William Schomberg LONDON (Reuters) -British inflation defied predictions of a slowdown and held at 8.7% in…
SoftBank to shift to ‘offence mode’ as AI booms
By Sam Nussey and Anton Bridge TOKYO (Reuters) -SoftBank Group CEO Masayoshi Son said on Wednesday that his tech investing…
Stock sale frenzy foretells US IPO market comeback
(Refiles to fix typos in paragraphs 10 and 13) By Echo Wang and Lance Tupper NEW YORK (Reuters) – A…
Bond market divergence from Fed entrenched in U.S. yield forecasts: Reuters poll
By Sarupya Ganguly BENGALURU (Reuters) – U.S. bond markets are already pricing beyond expected Federal Reserve interest rate hikes in…
Euro holds ground on world stage despite Russia slashing use -ECB
FRANKFURT (Reuters) – The euro held its ground as the world’s second most-used currency for trade, finance and reserve-building last…
Airbus fills more than 7,000 of 13,000 positions targeted in 2023
PARIS (Reuters) -Airbus has filled more than half of the 13,000 positions it expects to create in 2023, as aerospace…