U.S. Consumer Spending Rises Moderately; Inflation Pushes Higher
WASHINGTON (Reuters) – U.S. consumer spending rose less than expected in May as motor vehicles remained scarce while higher prices…
Reuters
Euro Drops Against U.S. Dollar Amid Renewed Safe-haven Demand
By Joice Alves LONDON (Reuters) – The euro fell to a two-week low against the U.S. dollar and remained close…
Italy Watchdog Ends Investigation Into McDonald’s Franchising Terms
MILAN (Reuters) -Italy’s antitrust authority said on Thursday it had closed an investigation launched last year over U.S. fast-food chain…
Oil Steady As Fuel Stocks Counter Supply Concerns
By Noah Browning LONDON (Reuters) -Oil prices were largely steady in volatile trading on Thursday as the market weighed concerns…
German Unemployment Rises In June As Ukrainian Refugees Look For Work
BERLIN (Reuters) -German unemployment rose in June, Labour Office figures showed on Thursday, as Ukrainian refugees are registering with the…
Third Time Lucky For Italy’s De Nora Family As Shares Hit Market
By Francesco Zecchini and Francesca Landini MILAN (Reuters) – Italy’s De Nora family will be relieved that the electrode manufacturer…
Over 20% Of Toshiba Investors Against Activist Fund Execs, Dissident Director
TOKYO (Reuters) – More than 20% of Toshiba Corp shareholders voted against a dissident external director and two board directors…
Asian Shares Suffer Painful Quarter, Dollar In Rude Health
By Wayne Cole SYDNEY (Reuters) – Asian shares were ending a rough quarter in a sombre mood on Thursday amid…
Buckle Up: How Investors Can Deal With Crypto Turbulence
By Chris Taylor NEW YORK (Reuters) – When Doug Milnes started buying cryptocurrencies in January of this year, he felt…
Chinese Homebuilders Skirt Discount Limits With ‘fancy’ Promotions -report
BEIJING (Reuters) – Chinese developers desperate to offload unsold homes are resorting to “fancy” ways to lower prices, seemingly circumventing…