Dollar bounces from 15-month low on strong core U.S. retail sales
By Karen Brettell NEW YORK (Reuters) – The U.S. dollar rose from a 15-month low against a basket of currencies…
Economy
Oil prices up on expected economic support in China, weaker US output
By Scott DiSavino NEW YORK (Reuters) -Oil prices climbed more than 1% on Tuesday after China said it will act…
US retail sales rise moderately; economy plodding along
By Lucia Mutikani WASHINGTON (Reuters) – U.S. retail sales rose less than expected in June as receipts at service stations…
New dawn for EU, Latam clouded by wrangling over war in Ukraine
By Andrew Gray and Marine Strauss BRUSSELS (Reuters) – European, Latin American and Caribbean leaders proclaimed a new era of…
Gucci CEO Bizzarri to exit; Kering names group veteran to run transition
By Mimosa Spencer (Reuters) -Kering has named managing director Jean-Francois Palus as Gucci’s new CEO and president for a transitional…
Tesla faces citizen grilling on impact of German plant expansion
By Victoria Waldersee, Nette Noestlinger and Leon Malherbe GRUENHEIDE, Germany (Reuters) -Tesla on Tuesday sought to assuage Brandenburg state residents’…
Cuba still struggling to earn foreign currency
By Marc Frank HAVANA (Reuters) – Cash-starved Cuba fell short of its export and import plans through June of this…
Energy drink maker Alani Nu explores options including sale
By Abigail Summerville and Anirban Sen NEW YORK (Reuters) – Alani Nu, the energy drinks and snack maker founded by…
Credit Suisse ups S&P 500 year-end forecast to 4,700
NEW YORK (Reuters) – Credit Suisse increased its year-end target on the S&P 500 to 4,700 from 4,050, citing a…
IMF urges Pakistan to continue monetary policy tightening cycle
By Ariba Shahid KARACHI, Pakistan (Reuters) – Pakistan must continue its monetary tightening cycle, the International Monetary Fund (IMF) said…