Corporate credit quality weaker than markets factor in – Janus Henderson
By Chiara Elisei LONDON (Reuters) – Corporate credit quality is weaker than financial markets currently price in, while defaults are…
South Korea June factory output falls more than expected
SEOUL (Reuters) – South Korea’s factory production fell more than expected in June, official data showed on Friday, as automobile…
Kraft Heinz defeats lawsuit over mac & cheese preparation time
By Jonathan Stempel (Reuters) – A federal judge on Thursday dismissed a lawsuit accusing Kraft Heinz & Co of misleading…
Analysis-White-collar wage cuts in China fuel deflation risks, hurt consumption
By Ellen Zhang and Marius Zaharia BEIJING/HONG KONG (Reuters) – Cola Yao earns 40% less than last year promoting credit…
Explainer-How the military coup in Niger threatens stability in West Africa
By Nellie Peyton (Reuters) – Niger’s regional and international partners are scrambling to respond to a military coup which political…
Intel turns unexpected profit, higher forecast as PC market slide slows
By Max A. Cherney, Chavi Mehta and Stephen Nellis (Reuters) -Chipmaker Intel on Thursday posted a surprise quarterly profit as…
American Airlines pilots reach deal to match gains at rival United
By Rajesh Kumar Singh CHICAGO (Reuters) -American Airlines’ pilots union on Thursday said it has reached an agreement in principle…
Cadbury-maker Mondelez raises annual forecasts boosted by strong demand
(Reuters) -Mondelez International on Thursday raised its full-year growth forecasts for the second time this year, helped by robust demand…
Wall Street closes down, Dow snaps longest winning streak since 1987
By Carolina Mandl and Herbert Lash (Reuters) – U.S. stocks ended lower on Thursday after news that the Bank of…
US Justice Dept investigating Memphis police for civil rights violations
By Jonathan Allen (Reuters) -The U.S. Department of Justice’s Civil Rights Division has opened an investigation into whether the Memphis…