By Paul Sandle LONDON (Reuters) – British retailer Marks & Spencer reported strong Christmas sales, with demand for turkeys and sparkling wine delivering its highest ever share of the food m[...]
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January 12, 2023
New economic ‘regime’ challenges central bankers to keep pace
By Howard Schneider WASHINGTON (Reuters) – For roughly 30 years Federal Reserve policymakers and other central bankers enjoyed a world where market interest rates were falling, inflation was low[...]
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Marketmind: Disinflation elation
A look at the day ahead in U.S. and global markets from Mike Dolan. It will likely take a big surprise in Thursday’s critical U.S. inflation update to knock markets off their assumption that 202[...]
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Asian FX bulls jump to multi-year highs, spurred by China reopening: Reuters poll
By Archishma Iyer (Reuters) – Bullish bets on the Thai baht and Chinese yuan hit five-year highs as China’s sharp pivot from its strict COVID-19 curbs boosted investors’ appetite for[...]
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India’s coal imports directive to power plants a precautionary step – official
NEW DELHI (Reuters) – India’s recent coal imports directive to power plants was a precautionary measure as the country is expecting high electricity demand to continue in the coming months[...]
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Disney, activist investor Peltz gird for fight over board seat
By Svea Herbst-Bayliss, Uday Sampath Kumar and Yuvraj Malik NEW YORK (Reuters) -Walt Disney Co and billionaire Nelson Peltz are squaring off for a boardroom battle after the home of Mickey Mouse denie[...]
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China expects annual production capacity of C919 planes to reach 150 in 5 years
BEIJING (Reuters) -China expects to reach annual production capacity of 150 domestically-produced C919 planes in five years, government-backed media The Paper said on Friday. Zhang Yujin, deputy gener[...]
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Swiss Six exchange opens probe into Clariant whistleblower case
BERLIN (Reuters) – Switzerland’s Six stock exchange on Thursday opened an investigation into Clariant over the possible disclosure of price-sensitive information, following whistleblowers[...]
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ASOS identifies cost savings after Christmas sales slide
By Sarah Young LONDON (Reuters) – Online fashion retailer ASOS said operational changes would help deliver a 300 million pound benefit to its current financial year, giving the group a much-need[...]
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