Abercrombie & Fitch raises annual sales forecast, shares jump 20%
(Reuters) -Abercrombie & Fitch Inc raised its annual sales on Wednesday, banking on steady demand for its clothes and accessories
2023-05-24 19:55
No blanket spending cuts in 2024 budget, says German Finance Minister
BERLIN There will be no blanket spending cuts in the 2024 budget, German Finance Minister Christian Lindner said
2023-05-24 19:53
Will the debt ceiling debate finish the Fed's inflation fight?
Over the last 14 months, the Federal Reserve has taken a deliberate and economically painful approach to combating elevated inflation rates through interest rate hikes. The regional banking crisis and a possible debt-ceiling induced default on US debt could change all of that.
2023-05-24 19:50
EU Banks Are Said to Sail Through Early Round of Stress Test
Many large European banks are emerging from early rounds of a key stress test in robust financial health,
2023-05-24 19:49
Israel Passes Budget With Big Grants to Ultra-Orthodox
Israel’s parliament passed a national two-year budget that includes billions of dollars in funding for West Bank settlements
2023-05-24 19:47
African GDP growth to edge up in 2023 despite South Africa slide -AfDB
By Rachel Savage JOHANNESBURG (Reuters) -Africa's economic growth is set to edge upwards in 2023 and 2024 amid tighter global
2023-05-24 19:15
IMF's Georgieva confident US will not default on debt
By Andrew Mills DOHA The managing director of the International Monetary Fund (IMF) Kristalina Georgieva said on Wednesday
2023-05-24 18:56
UK Price Shock Sends Bond Yields to Levels Last Seen Under Truss
UK bond yields are back to where they were when Liz Truss was in No. 10 after a
2023-05-24 18:52
Meta Loses Court Fight Over EU Hunt for Antitrust Evidence
Meta Platforms Inc. lost a court fight with European Union regulators who demanded vast amounts of data to
2023-05-24 18:48
Bank of Montreal quarterly profit rises on higher interest income
Bank of Montreal's second-quarter profit jumped as higher interest rates shored up the lender's net interest income, the
2023-05-24 18:26
Uber steps up EV push in India with Uber Green
By Aditi Shah and Navamya Ganesh Acharya NEW DELHI/BENGALURU (Reuters) -Ride-hailing platform Uber Technologies is stepping up its efforts to
2023-05-24 18:25
Record Dividends No Match for Recession Woes Gripping Market
Even record dividends aren’t tempting investors enough to bet on stocks they see as more vulnerable in a
2023-05-24 18:21