Australia’s Coles Flags Climate Challenge As Floods Push Up Inflation
By Byron Kaye and Harshita Swaminathan SYDNEY (Reuters) -Australian No. 2 grocer Coles Group Ltd flagged climate change as its…
Headlines
Regulators propose $155M fine for PG&E for 2020 wildfire
SAN FRANCISCO (AP) — California regulators proposed on Tuesday fining Pacific Gas & Electric more than $155 million for sparking…
Australia Inflation Races To 32-year High, Sounds Rate Alarm
By Wayne Cole SYDNEY (Reuters) -Australian inflation raced to a 32-year high last quarter as the cost of home building…
Inflation Worries Hurt U.S. Consumer Confidence; House Prices Decelerating
By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer confidence ebbed in October after two straight monthly increases amid rising concerns…
Bristol Myers Q3 Sales Fall On Revlimid, Forex Pressure
(Reuters) – Drugmaker Bristol Myers Squibb said on Tuesday its third-quarter sales fell from last year as generic competition ate…
Google’s ad sales slow dramatically, eroding parent’s profit
SAN FRANCISCO (AP) — Summertime revenue growth at Google’s corporate parent slipped to its slowest pace since the pandemic jarred…
Mexican Carrier Volaris Budgets For Mexico Category 1 Rating By 2023
By Kylie Madry MEXICO CITY (Reuters) -Volaris airlines is planning its budget on the expectation that Mexico will regain its…
Cryptoverse: British Pound Fiasco Boosts Bitcoin’s Hedge Appeal
By Lisa Pauline Mattackal (Reuters) – As a developed nation, you know your currency’s in a spot of bother when…
Chipmaker TI Forecasts Dour Fourth-quarter Estimates On Slowing Demand
(Reuters) -Chipmaker Texas Instruments Inc on Tuesday forecast quarterly revenue and profit below estimates, anticipating slowing orders as consumer electronics…
Sterling At 6-week High As Sunak Becomes PM, While Dollar Sags
By John McCrank NEW YORK (Reuters) – Sterling rallied to a six-week high on Tuesday on improved risk sentiment as…