Brazil’s Assai Posts Nearly 21% Jump In Quarterly Profit
(Reuters) – Brazilian cash-and-carry chain Assai reported a 20.7% increase in second-quarter net profit, compared to the same period last…
Reuters
Ford Sticks With Full-year Profit Despite Surging Costs
DETROIT (Reuters) -Ford Motor Co on Wednesday reported better than expected second-quarter profit and reaffirmed its profit outlook for the…
Powell Says Markets Have Been Orderly As Fed Has Hiked Rates
NEW YORK (Reuters) – Federal Reserve Chair Jerome Powell on Wednesday said he has been gratified to see that financial…
Instant View: Fed Hikes Rates Another 75 Basis Points
NEW YORK (Reuters) – The Federal Reserve raised its benchmark overnight interest rate by three-quarters of a percentage point on…
Majority Of U.S. Senate Backs Bill Boosting Chipmakers, To Compete With China
By David Shepardson and Patricia Zengerle WASHINGTON (Reuters) -A majority of the U.S. Senate on Wednesday backed sweeping legislation to…
IMF Says It Is Ready To Support Bangladesh After Loan Request
By Ruma Paul DHAKA (Reuters) -The International Monetary Fund (IMF) said on Wednesday it would discuss with Bangladesh its loan…
Mexico’s Grupo Financiero Inbursa Still In Process To Buy Citibanamex
MEXICO CITY (Reuters) -Grupo Financiero Inbursa is still in the process of buying Citigroup’s Mexican retail bank unit and is…
Russia Cuts Gas Flows Further As Europe Urges Energy Saving
By Christoph Steitz and Nina Chestney FRANKFURT/LONDON (Reuters) -Russia delivered less gas to Europe on Wednesday in a further escalation…
Exclusive: EU Found Evidence Employee Phones Compromised With Spyware -letter
By Raphael Satter (Reuters) – The European Union found evidence that smartphones used by some of its staff were compromised…
Wall St To Open Higher On Microsoft, Alphabet Earnings Ahead Of Fed
By Shreyashi Sanyal and Aniruddha Ghosh (Reuters) -U.S. stock indexes were set to open higher on Wednesday as upbeat quarterly…