By Herbert Lash NEW YORK (Reuters) -Global stock markets rallied and the dollar strengthened on Thursday after a slew of data showed a strong U.S. economy that is decelerating with slowing inflation,[...]
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January 26, 2023
Exonerated Deutsche Bank trader accuses bank of ‘malicious prosecution’
By Jonathan Stempel NEW YORK (Reuters) -A former Deutsche Bank AG trader whose conviction for rigging the Libor rate benchmark was overturned has begun a $30 million legal action in New York accusing[...]
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Southwest Airlines warns of quarterly loss after holiday meltdown
By Rajesh Kumar Singh and Kannaki Deka (Reuters) -Southwest Airlines Co on Thursday warned of a loss in the current quarter as passengers shunned the carrier in the immediate aftermath of an operation[...]
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Renault offers workers 7.5% salary budget raise in 2023 -sources
PARIS (Reuters) – French carmaker Renault is offering workers to increase its 2023 budget for salaries by 7.5% in 2023 to help cope with the rising cost of living, three sources familiar with th[...]
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Boeing pleads not guilty to fraud charge in 737 MAX arraignment
By Sheila Dang and David Shepardson FORT WORTH, Texas/WASHINGTON (Reuters) -Boeing Co pleaded not guilty on Thursday to a 737 MAX fraud conspiracy felony charge after families objected to a 2021 Justi[...]
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Dollar higher as strong U.S. data backs a hawkish Fed
By Saqib Iqbal Ahmed NEW YORK (Reuters) – The dollar edged higher against the euro on Thursday after data showed the U.S. economy maintained a strong pace of growth in the fourth quarter, backin[...]
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Morgan Stanley penalizes employees as much as $1 million for WhatsApp breaches – source
By Lananh Nguyen and Saeed Azhar NEW YORK (Reuters) -Morgan Stanley has imposed financial penalties on employees who used messaging platforms such as WhatsApp for company business, according to two so[...]
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U.S. economy posts strong growth in Q4, but with underlying weakness
By Lucia Mutikani WASHINGTON (Reuters) – The U.S. economy grew faster than expected in the fourth quarter, but that likely exaggerates the nation’s health as a measure of domestic demand r[...]
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Oil settles up 2% on strong U.S. data, China reopening
By Scott DiSavino NEW YORK (Reuters) – Oil prices rose about 2% on Thursday on expectations that global demand will strengthen as top oil importer China reopens its economy and on positive U.S.[...]
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