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Russia Boosts Rates as Ukraine War Costs Mount
Business

Russia Boosts Rates as Ukraine War Costs Mount

The full percentage point rise comes as a falling ruble, soaring wages and debt-fueled state spending reignite inflationary pressures. Source link

Tesla Q2 margins fall as it boosts discounts to drive demand By Reuters
Finances

Tesla Q2 margins fall as it boosts discounts to drive demand By Reuters

© Reuters. FILE PHOTO: The logo of car manufacturer Tesla is seen at a branch office in Bern, Switzerland October 28, 2020. REUTERS/Arnd Wiegmann/File Photo

Prologis Boosts Outlook on Record Quarterly Earnings
Business

Prologis Boosts Outlook on Record Quarterly Earnings

The logistics-property giant is building and buying warehouses even as interest rates rise and logistics demand falters. Source link

Lockheed Martin Projects Higher Sales as War Boosts Orders
Business

Lockheed Martin Projects Higher Sales as War Boosts Orders

The defense giant raised its sales guidance as the war in Ukraine is driving orders for missiles. Source link

Finances

Exxon’s $4.9 billion Denbury deal boosts energy transition plans By Reuters

© Reuters. FILE PHOTO: Signage is seen at an Exxon gas station in Brooklyn, New York City, U.S., November 23, 2021. REUTERS/Andrew Kelly/File Photo By

Nervousness over banks sends euro 1% lower despite PMI By Reuters
Finances

Food prices squeeze consumers in June, hot weather boosts summer spending: BRC By Reuters

© Reuters. People walk on Oxford Street in London, Britain April 10, 2023. REUTERS/Anna Gordon/File Photo By Suban Abdulla LONDON (Reuters) – Unusually hot weather

Nervousness over banks sends euro 1% lower despite PMI By Reuters
Finances

Hong Kong’s easing of mortgage rules boosts home visitors, but not deals By Reuters

© Reuters. FILE PHOTO: A general view of skyline buildings, in Hong Kong, China July 13, 2021. REUTERS/Tyrone Siu/File Photo By Clare Jim HONG KONG

No let up for world stocks as banking worries persist By Reuters
Finances

Chile cenbank boosts GDP forecast for 2023 but lowers 2024 estimate By Reuters

© Reuters. FILE PHOTO: The emblem of the Chile’s Central Bank is seen at its headquarters in Santiago, Chile March 29, 2018. REUTERS/Ivan Alvarado SANTIAGO

U.S. stocks are rising after inflation data boosts hopes for Fed pause
Stock Market

U.S. stocks are rising after inflation data boosts hopes for Fed pause By Investing.com

© Reuters. By Liz Moyer Investing.com — U.S. stocks were rising after a key inflation reading came in softer than expected. At 10:40 ET (14:40

Asian stocks rise as bank fears ease, Alibaba boosts Hang Seng
Stock Market

Asian stocks rise as bank fears ease, Alibaba boosts Hang Seng By Investing.com

© Reuters By Ambar Warrick Investing.com– Most Asian stock markets rose on Wednesday as regulators further downplayed fears of a banking crisis, while Hong Kong’s