Bank of England’s Bailey sweats over risk of ‘sticky’ summer for inflation
By William Schomberg and David Milliken LONDON (Reuters) -Bank of England Governor Andrew Bailey said he was concerned about the…
Business
Govt compensation to Grupo Mexico over railway won’t include cash – president
MEXICO CITY (Reuters) -Mexican President Andres Manuel Lopez Obrador said Wednesday his government aims to reach an agreement with mining…
Abercrombie & Fitch jumps on surprise profit, sales forecast raise
By Granth Vanaik (Reuters) – Abercrombie & Fitch Co on Wednesday posted a surprise quarterly profit and lifted its full-year…
CNN to host town hall with Republican Nikki Haley on June 4
(Reuters) – CNN will host Republican U.S. presidential candidate Nikki Haley for a live town hall in Iowa on June…
No date in sight for end of Germany’s budget dispute
BERLIN (Reuters) -German Finance Minister Christian Lindner didn’t commit to a timetable for resolving a budget dispute between the three…
Mexico president says does not rule out buying part of Citi unit Banamex
MEXICO CITY (Reuters) – Mexican President Andres Manuel Lopez Obrador said on Wednesday he does not rule out the possibility…
Explainer-U.S. debt ceiling focus on ‘discretionary spending’ means cuts ahead
By Jarrett Renshaw and Andy Sullivan WASHINGTON (Reuters) -The central pillar of any debt-ceiling agreement between President Joe Biden and…
Accenture secures up to $2.6 billion contract to modernize IRS systems
(Reuters) – An Accenture Plc unit said on Wednesday it had secured an up to $2.6 billion deal with the…
Chipmaker Analog Devices’ weak forecast sparks share selloff
(Reuters) -Analog Devices Inc said on Wednesday that a turbulent economy would weigh on its third-quarter results, sending the chipmaker’s…
Murmurs grow within Fed about tweaking 2% target once inflation recedes
By Michael S. Derby (Reuters) – A couple of regional Federal Reserve presidents recently have signaled an openness to examining…