Florida Governor DeSantis meets Britain’s foreign minister in London
LONDON (Reuters) – Ron DeSantis met Britain’s foreign minister James Cleverly during a visit to London on Friday aimed at…
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High labor costs fuel debate at Fed about what it means for inflation
By Howard Schneider WASHINGTON (Reuters) – As the U.S. economy reopened from the pandemic in 2021 and companies realized the…
Mercedes-Benz more upbeat on signs US, China picking up
By Victoria Waldersee BERLIN (Reuters) -Mercedes-Benz struck a slightly more optimistic tone alongside its first quarter results on Friday, saying…
Wall Street ends sharply lower, Treasury yields slide as recession fears mount
(This April 25 story has been corrected to rectify the name of the firm to Morgan Stanley Investment Management, not…
After Reliance-Warner deal, JioCinema pricing, local content in focus
By Shilpa Jamkhandikar, Aditya Kalra and Munsif Vengattil MUMBAI (Reuters) – The video streaming business of Mukesh Ambani, Asia’s richest…
Russian central bank keeps future hikes on table as it holds rates
By Vladimir Soldatkin, Elena Fabrichnaya and Alexander Marrow MOSCOW (Reuters) – Russia’s central bank held its key interest rate at…
German inflation eases to lowest level since start of Ukraine war
By Maria Martinez BERLIN (Reuters) -German consumer prices in April posted their smallest increase since the start of the war…
Instant View: US March PCE price index shows high, but cooling, inflation
NEW YORK (Reuters) – U.S. consumer spending was unchanged in March, while underlying inflation pressures remained strong, data from the…
Factbox-U.S. state abortion legislation to watch in 2023
By Gabriella Borter and Sharon Bernstein (Reuters) – State legislatures are wrestling with how much to restrict or expand abortion…
Sluggish growth and high inflation leave ECB in tight spot
By Francesco Canepa and Belén Carreño FRANKFURT/MADRID (Reuters) – The euro zone economy is barely growing but inflation in the…