By Devik Jain and Amruta Khandekar (Reuters) -European shares climbed on Friday but saw sharp losses during a quarter marked […]
Barkin: “promising signs” on inflation but progress won’t be immediate
By Howard Schneider WOODBRIDGE, Va. (Reuters) – There are “promising signs” inflation pressures have begun to ease though it may […]
Credit Suisse has strong capital base and liquidity -CEO memo
ZURICH (Reuters) – Credit Suisse has solid capital and liquidity, Chief Executive Ulrich Koerner told staff in a memo seen […]
White House: Biden, South Carolina governor speak on Ian response
WASHINGTON (Reuters) – U.S. President Joe Biden and South Carolina Governor Henry McMaster spoke on Friday about steps the federal […]
Central bank action “not yet credible nor coordinated” -BofA
LONDON (Reuters) – Interventions in the last week have helped calm panicking markets but the actions taken by the Bank […]
Carnival Corp plunges on forecast of Q4 loss, delayed return to profitability
By Ananya Mariam Rajesh and Doyinsola Oladipo (Reuters) – Carnival Corp on Friday forecast a loss in the fourth quarter […]
U.S. consumer spending rebounds, but high inflation cooling demand
By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer spending increased more than expected in August, but stubbornly high inflation is […]