High inflation fails to boost most UK companies’ profits
By David Milliken LONDON (Reuters) – Britain’s highest inflation in four decades failed to boost company profits last year, with…
Economy
Euro zone lending takes another hit from higher rates
FRANKFURT (Reuters) – Euro zone bank lending slowed again in April, supporting the case for careful interest rate hikes in…
Microsoft says UK regulator an ‘outlier’ for blocking Activision deal
By Sam Tobin and Paul Sandle LONDON (Reuters) – Microsoft on Tuesday accused Britain’s anti-trust regulator of being a global…
Rishi Sunak to visit Washington next week for talks with Biden
By Andrew MacAskill LONDON (Reuters) -British Prime Minister Rishi Sunak will hold talks with U.S. President Joe Biden next week…
UK scrutinises supermarket profits as food prices stay high
By Muvija M LONDON (Reuters) – Britain’s competition regulator told supermarkets on Tuesday it was looking at their earnings to…
Brazil central govt primary surplus drops nearly 50% in April
BRASILIA (Reuters) – Brazil’s central government primary budget surplus dropped by 48.3% in April in real terms from the same…
Factbox-Nvidia joins tech titans in trillion-dollar club
(Reuters) – Nvidia Corp on Tuesday became the first chipmaker to join Wall Street’s trillion-dollar club dominated by technology heavyweights…
France says it backs ongoing talks between Tunisia and IMF
PARIS (Reuters) – France backs the ongoing talks between Tunisia and the International Monetary Fund, the foreign ministry said on…
European leaders head to Moldova for symbolic summit on Ukraine’s doorstep
By John Irish PARIS/CHISINAU (Reuters) – More than 40 European leaders meet in Moldova on Thursday in a show of…
Labor costs aren’t driving up inflation: SF Fed paper
Rising U.S. labor costs are doing little to drive up inflation, researchers from the Federal Reserve Bank of San Francisco…