Fed May Pause Policy Tightening In September, BofA Says
NEW YORK (Reuters) – The Federal Reserve could pause its monetary policy tightening in September if there is an economic…
Reuters
EY Plans Global Audit Spinoff – Financial Times
(Reuters) – Accounting firm Ernst & Young is planning to split its audit and advisory operations worldwide, the Financial Times…
Macy’s Raises Profit Outlook As Demand For High Fashion Picks Up
By Uday Sampath Kumar (Reuters) -Macy’s Inc raised its annual profit forecast on Thursday, helped by strong demand for high-margin…
Nippon Steel Sees Seamless Pipe Business Back In Profit Thanks To Increased Gas Drilling
By Yuka Obayashi and Ritsuko Shimizu TOKYO (Reuters) – Nippon Steel Corp, the world’s No.5 steelmaker, expects its seamless pipe…
EasyJet Says 200 Flights Cancelled Due To IT Issues
LONDON (Reuters) -Low-cost carrier easyJet said an IT problem that caused it to cancel around 200 flights on Thursday had…
Mastercard Focuses On Southeast Asia, LatAm After India Ban, Russia Exit
By Divya Chowdhury DAVOS, Switzerland (Reuters) – Southeast Asia and Latin America are strong growth regions for Mastercard after its…
Musk Sued By Twitter Investors For Delayed Disclosure Of Stake
NEW YORK (Reuters) -Billionaire Elon Musk was sued by Twitter Inc investors for delayed disclosure of his stake in the…
Oil Jumps 3% To 2-month High As EU Seeks To Ban Russian Crude
By Scott DiSavino NEW YORK (Reuters) -Oil prices rose about 3% to a two-month high on Thursday on signs of…
Car Sales Dampened By Chip Shortage, COVID Measures
SHANGHAI/BERLIN (Reuters) -Car sales in China, Europe and the United States remain depressed compared to last year’s levels as semiconductor…
Rouble Slumps Over 10% To Near 2-week Low As Russia Slashes Rates Again
(Reuters) -The Russian rouble slumped around 10% against the dollar in volatile trade to a two-week low on Thursday as…