UK Economy Shows Zero Q4 Growth, Narrowly Avoids Recession
By David Milliken and William James LONDON (Reuters) -Britain’s economy showed zero growth in the final three months of 2022…
Reuters
Adidas Forecast For 2023 Sales Slump Spooks Investors
BERLIN (Reuters) -Adidas flagged that it expects a high single-digit decline in sales this year, sending its shares more than…
Asia Stocks Set For Weekly Loss As Fed Rate Angst Simmers
By Kevin Buckland TOKYO (Reuters) – Asia-Pacific stocks retreated on Friday, slumping toward a second weekly loss as investors fretted…
Global Investors Losing Appetite For Chinese Government Bonds
By Summer Zhen HONG KONG (Reuters) – Global investors are reducing their holdings of Chinese government bonds, a steady source…
First Abu Dhabi Bank Says Not Evaluating Offer For Standard Chartered
SINGAPORE (Reuters) – First Abu Dhabi Bank (FAB), the United Arab Emirates’ biggest lender, said on Friday that it was…
Asia Stocks Head For Second Weekly Loss As Fed Rate Worries Flare
By Kevin Buckland TOKYO (Reuters) – Asia-Pacific stocks fell on Friday, slumping toward a second weekly loss as investors fretted…
China Factory Gate Prices Slow In January, CPI Rises
BEIJING (Reuters) – China’s January factory gate prices fell more than economists expected, suggesting that flashes of domestic demand that…
Lyft Says Lower Prices To Hit Profit, Shares Drop 30%
By Nivedita Balu (Reuters) – Lyft Inc on Thursday forecast current-quarter profit far below Wall Street targets as the ride-hailing…
U.S. 5G Airplane Upgrade Rules May Cost Industry $637 Million -IATA
By David Shepardson WASHINGTON (Reuters) -Proposed U.S. requirements to retrofit airplane altimeters to ensure they are not susceptible to 5G…
Expedia Profit Misses As Severe Weather Weighs On Holiday Quarter
By Doyinsola Oladipo and Shivansh Tiwary (Reuters) -Online travel booking company Expedia Group Inc missed Wall Street estimates for fourth-quarter…