BoE Hikes Rates To Fight Inflation, But Not By Enough For 4 Officials
By Andy Bruce and David Milliken LONDON (Reuters) -The Bank of England raised interest rates to 0.5% on Thursday and…
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Fed Nominees Back Its Inflation-fighting Agenda
By Ann Saphir and Lindsay Dunsmuir (Reuters) – Containing inflation running at its highest in decades must be a top…
Estee Lauder Raises Annual Forecasts On Recovering Cosmetics Demand
By Aditi Sebastian and Ananya Mariam Rajesh (Reuters) -Estee Lauder Cos Inc raised its annual revenue and profit projections on…
Meta, formerly Facebook, faces historic drop as stock tanks
Meta is putting a lot of virtual eggs — and billions of dollars — into the metaverse basket, and Wall…
Ralph Lauren Rides Luxury Boom As High-end Apparel Sales Soar
By Uday Sampath Kumar (Reuters) -Ralph Lauren Corp raised its annual revenue forecast on Thursday and became the latest luxury…
Shell Ends 2021 On High Note, Hikes Dividend And Boosts Buybacks
By Ron Bousso LONDON (Reuters) – Shell again boosted its dividend and share repurchases on Thursday after fourth quarter profits…
A likely poor jobs figure for January could prove temporary
WASHINGTON (AP) — Last month, U.S. employers might have shed jobs for the first time in about a year, potentially…
Biden Nominee Raskin Says Not Fed’s Job To Dictate Lending
By Pete Schroeder WASHINGTON (Reuters) -Sarah Bloom Raskin, President Joe Biden’s pick to lead the Federal Reserve’s regulatory work, told…
Fed nominee pushes back against GOP claims of anti-oil bias
WASHINGTON (AP) — Pushing back against critics, a key nominee to the Federal Reserve’s Board of Governors said Thursday before…
Siemens To Increase Research And Development Spending – CEO
ZURICH (Reuters) – Siemens is ramping up its spending on research and development above its rivals, Chief Executive Roland Busch…