Mexico’s ‘Super Peso’ Defies Gloom, Tests High as US Economy Gains Steam
Foreign-exchange traders are tuning out calls that the Mexican peso is overvalued, leaving the currency poised to test
2023-07-28 03:47
East Palestine train derailment has now cost Norfolk Southern $1 billion
The costs to Norfolk Southern from the February derailment in East Palestine, Ohio, are now approaching $1 billion, the company reported Thursday.
2023-07-28 02:15
'Barbenheimer' is stimulating the economy
"Barbie" and "Oppenheimer" have been such blockbuster movies that their impact appears to be showing up in economic statistics.
2023-07-28 01:18
Oatly Falls by Most Ever as Consumers Retreat in Asia
Oatly Group AB cut its sales outlook and announced an improvement plan in Asia as consumers in the
2023-07-27 22:18
Bank of America CEO flags effects of higher capital requirements
By Jonathan Stempel and Tatiana Bautzer NEW YORK Bank of America CEO Brian Moynihan said U.S. authorities need
2023-07-27 21:24
Analysts trim gold outlook in absence of fresh spur: Reuters poll
By Ashitha Shivaprasad Analysts slightly lowered their gold forecasts for this year on the grounds zero-yield bullion would
2023-07-27 20:29
Gap hopes to end four years of turmoil with new CEO
Gap Inc has turned to Richard Dickson, credited with turning around the Barbie brand at Mattel, to lead
2023-07-27 19:52
Meta rallies as AI-powered ad sales drive 'monster' forecast
By Aditya Soni (Reuters) -Meta shares surged nearly 9% on Thursday as a rosy revenue forecast showed that artificial intelligence
2023-07-27 19:18
Mediobanca to launch new $223 million buyback after record year
MILAN Italy's Mediobanca said on Thursday it would buy back its own shares for around 200 million euros
2023-07-27 18:53
Meta on Track to Hit Levels Last Seen Before Historic Crash
Meta Platforms Inc. is back. Nearly 18 months after setting the record for the biggest market value wipeout
2023-07-27 18:50
Mexico's Cemex sees slight profit on price hikes, strong peso
By Kylie Madry MEXICO CITY Mexican cement maker Cemex on Thursday posted a slight rise in second-quarter net
2023-07-27 18:27
Spain's unemployment rate falls to 15-year low of 11.60% in Q2
MADRID Spain's unemployment rate fell to 11.60%, a 15-year low, down from 13.26% three months earlier, data from
2023-07-27 16:28