By Lewis Jackson SYDNEY (Reuters) -New Zealand Finance Minister Grant Robertson said the world economy faced a “year of reckoning” in 2023 but the small island nation is well-placed to fen[...]
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November 23, 2022
Nordstrom says sales slowed in past two months; shares fall 9%
By Granth Vanaik (Reuters) – Nordstrom Inc said on Tuesday net sales at its eponymous retail stores fell 3.4% in its third quarter, and overall sales for the company slowed down in the past coup[...]
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New Zealand’s central bank raises rates by 75bps
By Lucy Craymer WELLINGTON (Reuters) – New Zealand’s central bank raised interest rates by 75 basis points to a near 14-year high of 4.25% on Wednesday and flagged more hikes to come as it[...]
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China’s top auto association cancels Shanghai event citing COVID
SHANGHAI (Reuters) – China’s top auto association said on Wednesday it would cancel the second day of the China Automotive Overseas Development Summit that was taking place in Shanghai, ci[...]
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Qantas soars on profit view hike, likely shareholder returns next year
(Reuters) -Australia’s Qantas Airways Ltd raised its first-half pre-tax profit outlook on Wednesday on strong travel demand, with limits on international capacity helping boost domestic tourism,[...]
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IPhone Pro models scarce in stores this holiday – Best Buy
By Uday Sampath Kumar and Hilary Russ (Reuters) -High-end iPhones will be in short supply at stores this holiday season, Best Buy Co Inc said on Tuesday, following a warning from Apple Inc this month[...]
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U.S says G7 should soon unveil price cap level on Russian oil, adjust regularly
By Timothy Gardner, Daphne Psaledakis and David Lawder WASHINGTON (Reuters) -The Group of Seven nations should soon announce the price cap on Russian oil exports and the coalition will probably adjust[...]
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