Darden beats first-quarter estimates on steady casual dining demand
Darden Restaurants beat quarterly sales and profit estimates on Thursday, helped by higher menu prices, easing cost pressures
2023-09-21 22:15
Oil Retreats as Fed’s Rate Signal Eclipses Decline in Stockpiles
Oil fell after the Federal Reserve signaled that at least one more interest-rate hike is possible this year
2023-09-21 17:50
Swedish central bank tightens policy, says it may need to do more
By Simon Johnson STOCKHOLM (Reuters) -Sweden's central bank raised its key policy rate by a quarter percentage point to 4.00%,
2023-09-21 16:20
China, EU to hold high-level economic and trade dialogue in Beijing
BEIJING The 10th China-EU High-Level Economic and Trade Dialogue will be held in Beijing on Sept. 25, the
2023-09-21 15:24
Bank of England on brink of rate hike pause after inflation surprise
By William Schomberg LONDON The Bank of England will announce on Thursday whether it is halting a run
2023-09-21 15:23
Toshiba is set to delist in Japan after 74 years as part of $14 billion deal
Toshiba said on Thursday that a $14 billion tender offer from private equity firm Japan Industrial Partners (JIP) had ended in success — a deal which paves the way for the embattled industrial conglomerate to go private.
2023-09-21 15:22
Goldman Sachs pushes its forecast for Fed rate cut to Q4 2024
Goldman Sachs economists said they now expect the U.S. Federal Reserve to begin its interest rate-cutting cycle in
2023-09-21 14:45
Xi to Meet Syria’s Assad on First China Visit in Nearly 20 Years
Chinese leader Xi Jinping will meet Syrian President Bashar Al-Assad during a visit to the world’s No. 2
2023-09-21 12:17
FedEx saw boost from rival UPS's labor negotiations with Teamsters
The threat of a strike at one competitor and the bankruptcy of another proved beneficial for FedEx this summer.
2023-09-21 09:48
Starving zoo animals and cucumber fines. China's indebted cities are desperate for cash
China's local governments are so debt-ridden that they are increasingly imposing what are perceived to be random or unjustified fines on residents in a bid to generate cash.
2023-09-21 08:55
US spending in Ukraine explained in four charts
Volodymyr Zelensky needs the US to give more aid to Ukraine, but some are growing wary of the hefty price tag.
2023-09-21 07:51
Budweiser won't cut off the tails of its famous Clydesdale horses
PETA said it's "cracking open some cold ones" after Anheuser-Busch said it's ending the practice of cutting the tails of Budweiser's iconic Clydesdale horses.
2023-09-21 06:29