Walmart's strong forecast signals a resilient consumer
A positive forecast from retail bellwether Walmart on Thursday signaled a resilient U.S. shopper, in line with earlier remarks by one of its key
Today: May 20, 2024
A positive forecast from retail bellwether Walmart on Thursday signaled a resilient U.S. shopper, in line with earlier remarks by one of its key
Chinese carmaker BYD Co has postponed plans to produce lithium cathodes for electric vehicle (EV) batteries in
(Reuters) -Spirit AeroSystems is laying off several hundred members of its workforce in Wichita, Kan., according to an internal memo, as the company deals with high debt and slowed production at
Fossil fuel groups have sued the U.S.
The Biden administration on Thursday proposed an end to future coal leasing on federal lands in Montana and Wyoming's Powder River Basin, the nation's most productive coal-producing region
The New York State Public Service Commission (NYPSC) on Thursday said that the average electricity prices for full-service residential customers are expected to be lower than last year
Private equity firm Roark Capital is exploring a sale of Primrose Schools that could value the U.S. education franchise at nearly $2 billion, including debt
SHANGHAI (Reuters) -Shanghai has compiled a list of data that can be transferred overseas without security assessments, according to a government document seen by Reuters, a much anticipated move as
British drugmaker GSK has raised 1.25 billion pounds ($1.52 billion) from a sale of its remaining stake in consumer healthcare company Haleon to institutional investors.
(Reuters) -China will allow local government authorities to buy some homes at "reasonable" prices to provide affordable housing, Vice Premier He Lifeng told an online meeting on housing policy on
By Ankika Biswas and Johann M Cherian (Reuters) -European shares closed lower on Friday, as investors turned cautious following remarks from a policymaker on the outlook for monetary policy, while
Property investment in China in the first four months of 2024 fell 9.8% from a year earlier, after dropping 9.5% in the first quarter, indicating the sector is yet to bottom out
By Gary McWilliams HOUSTON (Reuters) -Hess shareholders should vote in favor of Chevron's $53 billion all-stock offer at the oil company's May 28 special meeting, proxy adviser Glass Lewis said on
A look at the day ahead in European and global markets from Ankur Banerjee The cold harsh reality of the Federal Reserve likely keeping interest rates higher for longer to combat inflation has put a
By Giuseppe Fonte and Gavin Jones ROME (Reuters) -Finance ministers from the Group of Seven major democracies meeting in Italy next week will back a European Union plan to use the income from frozen
By Herbert Lash and Iain Withers NEW YORK/LONDON (Reuters) -The dollar retreated against major currencies on Friday as market speculation continues to swirl about the timing of Federal Reserve
By Leika Kihara TOKYO (Reuters) -Bank of Japan Governor Kazuo Ueda said the central bank had no immediate plan to sell its huge holdings of exchange-traded funds (ETFs), which is drawing increased
By Liangping Gao and Clare Jim BEIJING/HONG KONG (Reuters) -China announced "historic" steps on Friday to stabilise its crisis-hit property sector, with the central bank facilitating 1 trillion yuan (
The European Union Commission is to end six years of rule of law proceedings against Poland, Commission President Ursula von der Leyen said on Monday, marking the opening of a "
The Dow Jones Industrial Average finished a day above the 40,000 level for the first time as U.S. stock indexes drifted around their record heights to close their latest winning week
A vessel carrying aid to a pier built by the United States off Gaza set sail from Cyprus on Thursday, Cypriot officials said.
China has announced fresh measures to revive its ailing property industry after the latest data showed housing prices slumped further in April
A decisive vote against the United Auto Workers at two Mercedes factories in Alabama sidetracked the union's grand plan to sign up workers at nonunion plants mainly in the South
Japan welcomed more than 3 million visitors for a second straight month in April, official data showed on Wednesday, setting the stage for a potential record year for tourism.
