Even as inflation bites, corporate profits remain flush
NEW YORK (AP) — What’s immune to high inflation? So far, the profits at big U.S. companies. Businesses are facing…
Headlines
India’s Axis Bank Accelerates Retail Push With $1.6-billion Citi Deal
By Chris Thomas and Nupur Anand MUMBAI (Reuters) -Indian private lender Axis Bank has decided to bulk up its credit…
Barkin: Ukraine May Add To Inflation, But So Far Has Not Hit Broader Demand
(Reuters) – The war in Ukraine has added to inflationary pressure in the U.S. but so far does not appear…
Waymo to expand autonomous vehicle rides to San Francisco
SAN FRANCISCO (AP) — Waymo’s self-driving ride-hailing service is branching out to San Francisco. The autonomous vehicle unit of Alphabet,…
China’s Top Airlines Post Wider 2021 Losses Amid Drive To Stamp Out COVID
BEIJING (Reuters) – China’s three biggest airlines on Wednesday reported wider losses in the final quarter of 2021, marking the…
Air France KLM Loses Fight Against EU Cartel Fine
By Foo Yun Chee BRUSSELS (Reuters) -Air France-KLM and its Dutch subsidiary KLM on Wednesday lost their challenge against million-euro…
Hungary accuses Ukraine of interfering in upcoming election
BUDAPEST, Hungary (AP) — Hungary’s foreign minister on Wednesday accused Ukraine’s leadership of attempting to interfere in the upcoming Hungarian…
Wall Street Opens Lower As Russia-Ukraine Optimism Wanes
(Reuters) – Wall Street’s main indexes opened lower on Wednesday, as optimism around Ukraine-Russia peace talks waned and investors fretted…
European Central Bank chief: No data suggests stagflation
NICOSIA, Cyprus (AP) — No data currently suggests Europe will fall into stagflation, a combination of high inflation, little or…
U.S. SEC Issues New Guidance For Brokers, Advisors On Investment Recommendations
By Katanga Johnson WASHINGTON (Reuters) – The U.S. Securities and Exchange Commission (SEC) on Wednesday issued new guidance to broker…