Catalent cuts forecast, delays results again as challenges mount
By Bhanvi Satija and Pratik Jain (Reuters) -Contract drug manufacturer Catalent Inc on Friday slashed its full-year forecasts for profit…
Business
Inflation fight risks central banks’ credibility and autonomy, BIS warns
By Marc Jones LONDON (Reuters) – The credibility and independence of central banks around the world is at risk if…
ECB must continue inflation fight ‘with determination’, Schnabel says
LONDON (Reuters) – The European Central Bank must continue its fight to tame inflation “with determination” because wages are rising,…
Samsung not planning to replace Google with Bing in phones – WSJ
(Reuters) -Samsung Electronics will not change the default search engine on its smartphones from Google to Microsoft Corp’s Bing any…
Woman who called police on Black bird-watcher faces skeptical court in employment appeal
By Jonathan Stempel NEW YORK (Reuters) – A U.S. appeals court on Friday appeared unlikely to reinstate a lawsuit by…
Spain’s Sacyr in talks to sell 45% of Irish motorway to Bestinver -sources
MADRID (Reuters) – Sacyr is negotiating with Spanish firm Bestinver to sell its 45% stake in the Irish motorway N6…
Deere raises annual profit outlook on healthy equipment demand, strong order books
By Bianca Flowers and Aishwarya Nair (Reuters) -Deere & Co on Friday topped Wall Street profit expectations on strong sales…
Fed’s Powell says tighter credit conditions ease rate hike pressure
NEW YORK (Reuters) – Federal Reserve Chairman Jerome Powell said Friday that the aftereffects of recent banking sector troubles takes…
Pent-up demand promises record tourist season for southern Europe
By Giselda Vagnoni ROME (Reuters) – After three years of pandemic travel restrictions and rocketing energy costs, tourism is back…
VW completes sale of Kaluga plant in Russia
BERLIN (Reuters) – Volkswagen has completed the sale of its Kaluga production plant in Russia and its local subsidiaries, the…