Bank of England hikes interest rates for 12th time in battle with inflation
The Bank of England raised interest rates by a quarter of a percentage point Thursday, hiking for the twelfth consecutive time as it battles inflation above 10%.
1970-01-01 08:00
Tapestry raises annual profit forecast on higher prices, strong demand
Tapestry Inc raised its annual profit forecast on Thursday, betting that price increases and strong demand for its
1970-01-01 08:00
Tapestry, Inc. Delivers Strong Third Quarter Results and Raises Fiscal 2023 Outlook
NEW YORK--(BUSINESS WIRE)--May 11, 2023--
1970-01-01 08:00
Japan pledges to mobilise $1 billion to help nations around Ukraine accept refugees
By Tetsushi Kajimoto NIIGATA (Reuters) -Japan will unveil a plan on Thursday to mobilise $1 billion to help countries surrounding
1970-01-01 08:00
Marketmind: Disinflation cheer, debt cap fear
A look at the day ahead in U.S. and global markets from Mike Dolan Investor relief that ongoing U.S. disinflation
1970-01-01 08:00
Long-haul carrier Emirates sees highest-ever profit in 2022 of $2.9B after pandemic grounded flights
Long-haul carrier Emirates says it saw its most-profitable year ever in 2022, earning $2.9 billion after bouncing back from the coronavirus pandemic shutting down global aviation
1970-01-01 08:00
Saudi Aramco to Postpone Mega IPO of Energy Trading Unit
Saudi Aramco is pushing back a planned Riyadh initial public offering of its energy-trading business, a deal that
1970-01-01 08:00
Nissan reports surging profit amid strong sales, easing chip crunch
Japanese automaker Nissan is reporting a seven-fold surge in January-March profit and forecasting strong sales for this fiscal year riding on the popularity of its new model offerings
1970-01-01 08:00
Apple supplier Foxconn's Q1 profit plunges, outlook "conservative"
By Yimou Lee TAIPEI (Reuters) -Apple Inc supplier Foxconn on Thursday posted a 56% plunge in first-quarter net profit, lagging
1970-01-01 08:00
One dead in shooting at Mercedes-Benz plant in Germany
One person has been killed and another seriously injured in a shooting at a Mercedes-Benz plant in Sindelfingen, southern Germany, according to police.
1970-01-01 08:00
China names head of powerful new financial regulator as industry faces greater scrutiny
China has appointed the head of its powerful new financial watchdog, which was created as part of sweeping reforms aimed at reining in the $60 trillion industry.
1970-01-01 08:00
Apple Partner Hon Hai’s Profit Misses Despite iPhone Rebound
Hon Hai Precision Industry Co. reported its third consecutive quarterly profit miss, after Apple Inc.’s main assembler succumbed
1970-01-01 08:00