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OECD sees scope for profits to absorb wage hikes
OECD sees scope for profits to absorb wage hikes
PARIS Companies in most countries have enough profit to be able to absorb an increase in wages needed
2023-07-11 19:21
Visa posts higher quarterly profit on spending boost
Visa posts higher quarterly profit on spending boost
(Reuters) -Payments processor Visa reported a jump in third-quarter profit on Tuesday, helped by resilient consumer spending despite tough economic
2023-07-26 04:20
U.S. weekly jobless claims jump to highest level since late 2021
U.S. weekly jobless claims jump to highest level since late 2021
WASHINGTON The number of Americans filing new claims for jobless benefits jumped last week to the highest level
2023-05-11 20:59
UBS Targets Lost Credit Suisse Assets After Posting Record Bank Profit
UBS Targets Lost Credit Suisse Assets After Posting Record Bank Profit
In his first quarter at the helm of UBS Group AG, Sergio Ermotti posted a profit for the
2023-09-01 16:23
Bank of Korea to hold rates at 3.50% until at least mid-2024: Reuters poll
Bank of Korea to hold rates at 3.50% until at least mid-2024: Reuters poll
By Devayani Sathyan BENGALURU The Bank of Korea will hold its key policy rate at 3.50% when it
2023-11-28 08:48
Sam Altman will not return as CEO of OpenAI - The Information
Sam Altman will not return as CEO of OpenAI - The Information
Sam Altman will not return as CEO of OpenAI despite efforts from the company's executives to bring him
2023-11-20 13:20
Nidec's acquisitive CEO hails new Japan rules aimed at making takeovers easier
Nidec's acquisitive CEO hails new Japan rules aimed at making takeovers easier
By Makiko Yamazaki TOKYO New Japanese guidelines to promote more mergers and acquisitions and remove a long-held stigma
2023-07-24 07:19
Medical credit cards may lead patients to overpay for their health care, Democrats warn
Medical credit cards may lead patients to overpay for their health care, Democrats warn
A group of Democratic senators is asking the Consumer Financial Protection Bureau to take action against medical credit cards such as CareCredit, saying the cards’ deferred interest features are confusing and often lead to consumers paying high interest rates after a promotional period has ended
2023-06-30 22:51
Pakistan May Seek More IMF Loans to Help Fragile Economy
Pakistan May Seek More IMF Loans to Help Fragile Economy
Pakistan may seek another loan from the International Monetary Fund to aid its economy, Interim Finance Minister Shamshad
2023-11-17 11:26
Analysis-Fed's hawkish stance spooks investors, though some say peak rates near
Analysis-Fed's hawkish stance spooks investors, though some say peak rates near
By Davide Barbuscia and David Randall NEW YORK The Federal Reserve’s plans for a prolonged period of elevated
2023-09-21 13:21
Donald Trump scores rare legal win as DA drops golf course tax probe
Donald Trump scores rare legal win as DA drops golf course tax probe
A prosecutor has closed a multiyear investigation into whether former President Donald Trump, or his company, misled authorities to reduce taxes on properties they own in the New York City suburbs
2023-06-16 06:29
Japan downgrades Q2 GDP growth on soft capital spending
Japan downgrades Q2 GDP growth on soft capital spending
By Yoshifumi Takemoto and Leika Kihara TOKYO Japan's economy grew less than initially estimated in the second quarter
2023-09-08 08:17