Analysis-Why China's reopening isn't inflationary

The world's biggest factory and most populous nation has opened for business after three years, leading to a surge in demand as well as concerns it will add to global inflationary pressures. But economists say investors need not worry too much.

newspaper

16-02-2023

Sandwich chain Subway to explore sale

(Reuters) -Subway said on Tuesday it was exploring a possible sale of its business as the sandwich chain faces surging costs and mounting competition from deeper-pocketed rivals.

newspaper

14-02-2023

Activist investor ValueAct takes stake in Spotify

(Reuters) -ValueAct Capital Management has taken a stake in Spotify Technology SA, at a time when the audio streaming company is looking to cut costs.

newspaper

10-02-2023

Tesla raises Model Y prices by $1,000 after U.S. relaxes tax credit terms

Tesla Inc raised prices in the United States of its best-selling vehicle, the Model Y, by $1,000 after the government raised the ceiling on the price of crossover electric vehicles eligible for tax credits.

newspaper

04-02-2023

Profit of NYSE parent ICE hit by mortgage headwinds, misses views

(Reuters) -New York Stock Exchange-owner Intercontinental Exchange Inc on Thursday reported a fourth-quarter profit slightly below Wall Street expectations, as rising interest rates weighed on the company's mortgage software business, and its energy and financial futures volumes fell.

newspaper

02-02-2023

High interest rates to hold back gold's rally: Reuters poll

Analysts and traders have significantly raised their predictions for gold prices but expect high interest rates to keep a lid on rallies, a Reuters poll showed on Tuesday.

newspaper

31-01-2023

Oil falls 2% as rate hikes loom and Russian flows stay strong

HOUSTON (Reuters) -Oil prices dipped 2% on Monday, extending losses as looming increases to interest rates by major central banks weighed on demand and Russian exports remained strong.

newspaper

30-01-2023