New inflation data tests Fed’s faith in housing slowdown thesis
By Howard Schneider WASHINGTON (Reuters) – Federal Reserve officials for months have been counting on slower-rising U.S. housing prices to…
Business
San Francisco hit again as large mall owner walks away
By Granth Vanaik, Shankar Ramakrishnan and Matt Tracy (Reuters) -The pain is getting deeper for San Francisco as the owners…
Exclusive-Arex Capital pushes Enhabit to consider company sale – letter
By Svea Herbst-Bayliss NEW YORK (Reuters) – Hedge fund Arex Capital Management is urging Enhabit to put itself up for…
Appetite grows for mergers and acquisitions in Latin America: study
By Aida Pelaez-Fernandez MEXICO CITY (Reuters) – Latin America is increasingly seen as an attractive market for mergers and acquisitions…
Analysis-Germany to face EU ire over Huawei supplies ahead of China talks
By Sarah Marsh, Supantha Mukherjee and Andreas Rinke BERLIN/STOCKHOLM (Reuters) – The European Union is set to urge Germany to…
HSBC eyes leading role in banking for VCs, startups after hiring wave
NEW YORK (Reuters) – HSBC Holding plc is seeking to become a leading bank for venture capital firms and startups…
European shares rise as U.S. inflation data soothes rate hike jitters
By Shreyashi Sanyal and Bansari Mayur Kamdar (Reuters) -European shares rose on Tuesday, after mild U.S. inflation data cemented bets…
Manchester United shares hit two-month high on speculations over takeover bid
(Reuters) -Shares of Manchester United jumped 13% to hit a two-month high on Tuesday after a report hinted that Qatar’s…
U.S. Bancorp CEO says economy heading for “moderate” recession
(Reuters) – U.S. Bancorp’s Andy Cecere forecast a “moderate” recession that would be short and “not very deep in terms…
Walmart to invest $257 million in beef-packing plant in Kansas
(Reuters) – Walmart said on Tuesday it would invest $257 million to open a beef-packing plant in Olathe, Kansas in…