Russian inflation above 4% target for first time since March – econ ministry
(Reuters) – Russia’s annual inflation crept back above the central bank’s 4% target in the week to July 24 for…
Lockheed gets US defense contract to develop nuclear-powered spacecraft
(Reuters) – Weapons maker Lockheed Martin has been awarded a contract by a U.S. Department of Defense agency to develop…
Derivatives exchange CME Group’s profit rises on robust demand
By Jaiveer Shekhawat and Laura Matthews (Reuters) -CME Group Inc reported a rise in second-quarter profit on Wednesday, as traders…
AT&T initiates new $2 billion cost-cutting program as free cash flow beats estimates
By Samrhitha A (Reuters) -AT&T expanded its cost-cutting plan by $2 billion on Wednesday after topping estimates for quarterly free…
Hilton beats Q2 revenue estimates on strong travel demand
By Doyinsola Oladipo and Priyamvada C (Reuters) – Hilton Worldwide Holdings beat Wall Street estimates for second-quarter revenue on Wednesday…
LVMH shares fall as second-quarter sales fail to impress
PARIS (Reuters) -Shares in LVMH fell on Wednesday as an in-line increase in sales at the world’s top luxury indicated…
Canada financial regulator proposes new capital guidelines for crypto assets
(Reuters) – Canada’s financial regulator on Wednesday proposed changes to its capital and liquidity approach to crypto-assets, citing a risky…
Mexico working with U.S. on refugee plan for migrants in southern Mexico
MEXICO CITY (Reuters) – Mexico and the United States are working on a plan to process migrants in southern Mexico,…
Moderna/Merck begins late-stage study of skin cancer vaccine combination
(Reuters) – Moderna said on Wednesday it has begun enrolling patients in a late-stage study evaluating its and partner Merck’s…
German IPO candidates hope for post-summer debuts
By Pablo Mayo Cerqueiro and Emma-Victoria Farr LONDON/FRANKFURT (Reuters) – Hopes have mounted for a revival in stock listings in…