By Ann Saphir and Lindsay Dunsmuir (Reuters) – Federal Reserve Chair Jerome Powell had a clear message on Wednesday: as “gratifying” as it is that inflation has begun to slow, the ce[...]
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February 2, 2023
Marketmind: Fed fillip, double trouble, triple A
A look at the day ahead in U.S. and global markets from Mike Dolan. It looks less like fighting the Fed, than a mild disagreement. As the Federal Reserve slowed the pace of its interest rate rates on[...]
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Siemens Healthineers confirms outlook despite Q1 profit drop
BERLIN (Reuters) – Siemens Healthineers confirmed its full-year outlook on Thursday despite a drop in quarterly profit driven by low demand in China, as it saw strong order growth in the first q[...]
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Panasonic cuts full-year outlook as costly raw materials weigh
By Daniel Leussink TOKYO (Reuters) -Japan’s Panasonic Holdings Corp cut its annual operating profit forecast by 12.5% on Thursday after lower-than-expected third-quarter earnings, hit by headwin[...]
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Adani’s adversity raises the stakes for India and investors
By Tom Westbrook and Vidya Ranganathan SINGAPORE (Reuters) – As Indian tycoon Gautam Adani’s woes deepen and force him to drop a share sale, foreign investors and Indian regulators are aba[...]
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Renault-Nissan plan India reboot in test of reshaped alliance
By Aditi Shah and Gilles Guillaume NEW DELHI/PARIS (Reuters) – A revamped alliance between Renault and Nissan will face an early test in India, where the automakers plan new investment in a bid[...]
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Exclusive-Paris Club to give Sri Lanka financing assurances amid IMF debt talks – sources
By Jorgelina do Rosario LONDON (Reuters) – The Paris Club of creditor nations is ready to provide financing assurances to Sri Lanka, a key step needed to unlock a $2.9 billion bailout by the Int[...]
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Sony lifts outlook closer to record level, raises PS5 sales target
TOKYO (Reuters) -Japan’s Sony Group Corp on Thursday edged up its annual profit forecast, helped by a strong showing for its videogame division, and raised PlayStation 5 game console sales targe[...]
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Xiaomi demands payout from supplier after car designs leaked
SHANGHAI (Reuters) – China’s Xiaomi <1810.HK) said on Thursday it had imposed a 1 million yuan ($149,000) penalty on a supplier after it leaked early design drafts of an upcoming car mo[...]
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