Moody's warns it could cut credit ratings of 6 big US banks
Moody's has put the credit ratings of six large US banks, including Bank of New York Mellon, State Street and Northern Trust, under review for a possible downgrade.
2023-08-08 19:53
Singapore PM Lee reassures public amid political scandals, inflation
SINGAPORE (Reuters) -Singapore Prime Minister Lee Hsien Loong on Tuesday sought to reassure the public after a spate of political
2023-08-08 19:52
Here's what CEOs are saying about consumer spending
Consumer resilience has helped keep the economy strong through the Federal Reserve's interest rate hiking cycle. But is that strength holding, or is it faltering?
2023-08-08 19:17
Under Armour beats quarterly sales estimates on steady demand
(Reuters) -Under Armour beat market expectations for first-quarter revenue on Tuesday, as discounts upheld demand for the sportswear maker's clothes
2023-08-08 19:16
SoftBank reports mixed quarter, says 'timidly' restarting investment
By Anton Bridge TOKYO (Reuters) -Japan's SoftBank Group posted a surprise loss but said it was dipping its toes back
2023-08-08 18:57
UPS cuts revenue view on lower e-commerce demand, new labor contract
(Reuters) -United Parcel Service on Tuesday cut its 2023 revenue and margin forecast, hurt by softening e-commerce demand and an
2023-08-08 18:28
Barrick beats quarterly profit estimates on higher gold prices
Barrick Gold Corp beat analysts' expectations for second-quarter profit on Tuesday, as the Canadian gold miner benefited from
2023-08-08 18:27
Greek EU-harmonised inflation rises to 3.5% y/y in July
Greece's annual EU-harmonised inflation accelerated to +3.5% in July from +2.8% in June, data showed on Tuesday. EU-harmonised
2023-08-08 17:18
European Gas Prices Ease as Winter Fuel Stockpiles Keep Rising
European natural gas prices eased, with traders weighing ever-rising fuel stockpiles against the risk of supply constraints. Benchmark
2023-08-08 16:54
German airport operator Fraport sees earnings boost on high travel demand
(Reuters) -Frankfurt Airport operator Fraport on Tuesday said its 2023 core profit would hit the upper half of its forecast
2023-08-08 16:47
China exports see biggest drop for three years
Global demand for Chinese goods has fallen as the cost of living and rising interest rates bite.
2023-08-08 16:15
Won Breaches Key Support Levels as Sentiment Sours
The won was the worst affected Asian currency amid last week’s bond market turmoil and some analysts expect
2023-08-08 15:52