(Reuters) -Tesla Inc workers in New York state said on Tuesday they are launching a campaign to form a union, setting the stage for the latest labor challenge for Chief Executive Elon Musk. In a lette[...]
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February 14, 2023
Fund managers rush into emerging stocks and cut cash – BofA survey
LONDON (Reuters) -Investors turned more optimistic about the global economy in February, flocking to emerging market stocks and cutting their cash holdings to levels last seen since before the war in[...]
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Instant VIew:January CPI accelerates, but trend easing
NEW YORK (Reuters) – U.S. consumer prices increased from the prior month in January but met expectations, while the underlying trend showed inflation is slowing, likely keeping the Federal Reser[...]
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Fed seen raising rates to 5.1%, then (maybe) stopping
(Reuters) -The Federal Reserve is seen raising its policy rate at least twice more to the 5%-5.25% range, with financial markets retaining about even odds on Tuesday for a further quarter-point hike i[...]
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Analysis-Gazprom’s export revenue may fall by 50% in 2023
By Oksana Kobzeva MOSCOW (Reuters) – Lost European sales could halve the export revenues of Russia’s Gazprom this year, meaning a steep reduction in tax income for the state, according to[...]
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Thyssenkrupp admits to slow turnaround, shares tank
By Christoph Steitz and Tom Käckenhoff FRANKFURT/DUESSELDORF (Reuters) – Thyssenkrupp’s restructuring was progressing at a slow pace, its finance chief said, as the company grapples with d[...]
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Britain sets out legislation to regulate buy-now-pay-later credit
By Huw Jones LONDON (Reuters) -Britain on Tuesday set out draft legislation to regulate “buy now pay later” (BNPL) credit, saying the sector posed potential harm to consumers without thoro[...]
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EY expects ‘massive approval’ in vote to split up company
By Huw Jones LONDON (Reuters) -Partners in EY are expected to give approval for spinning off the company’s consulting arm and listing it on the stock market by the end of the year, a senior EY o[...]
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Euro zone’s employment record complicates life for ECB
BRUSSELS/FRANKFURT (Reuters) -Euro zone employment surged more than expected to a new record high last quarter as a surprisingly resilient economy avoided a recession, pointing to greater underlying i[...]
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