By Kavya Guduru (Reuters) – Oil prices will creep up from current levels as major producer group OPEC+ maintains restrictions on supplies, but economic headwinds will keep them below $90 …
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(Reuters) – BorgWarner Inc on Thursday forecast full-year sales below analysts’ estimates as supply chain issues continued to weigh on the auto supplier, sending the company’s shares down nearly 2% …
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(Reuters) – Wealth manager Northern Trust Corp reported lower-than-expected first-quarter profit on Tuesday, as lower asset management fees dragged down gains from higher interest rates. The results come close on …
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(Reuters) – New vehicles’ average transaction price fell below the manufacturer’s suggested retail price (MSRP) for the first time in 20 months, according to data published by automotive research company …
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TOKYO (Reuters) – Japan’s economic output ran below full capacity for the 11th straight quarter in October-December, central bank data showed on Wednesday, suggesting that conditions for ending ultra-low interest …
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(Reuters) -CoStar Group said on Tuesday it was no longer in talks to buy Realtor.com owner Move Inc from News Corp and forecast disappointing first-quarter revenue that sent its shares …
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SAN JUAN, Puerto Rico— U.S. Customs and Border Protection (CBP) officers seized 99.2 pounds (45 kilos) of cocaine concealed below the bow of the M/V Lyktos arriving from the Dominican …
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KUALA LUMPUR (Reuters) – Malaysia’s exports rose 1.6% from a year earlier in January, slower than expected, government data showed on Monday. January’s exports had been forecast to expand 7.4%, …
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(Reuters) – Property developer China Evergrande Group said on Wednesday an independent committee found its directors fell “below standards” through their involvement in diverting loans secured by unit Evergrande Property …
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(Reuters) – U.S. defense contractor Leidos Holdings Inc forecast lower-than-expected 2023 profit as the industry struggles with labor shortages, higher costs and lingering supply chain bottlenecks. The Reston, Virginia-based company …
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(Reuters) – Newell Brands Inc said its top boss Ravi Saligram will retire effective May 16 and forecast annual results below analysts’ estimates, sending the Sharpie maker’s shares down 11% …
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(Reuters) -Tenet Healthcare Corp on Thursday beat Wall Street estimates for fourth-quarter results as growth in its outpatient service business put concerns around the hospital operator’s weak 2023 forecast at …
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Feb 1 (Reuters) – Italian EU-harmonised consumer prices (HICP) fell a preliminary 1.3% month-on-month in January, with annual inflation slowing to 10.9% from 12.3% in December, data showed on Wednesday. …
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Wholesale Prices Drop Below Expectations, But Continue To Hammer Producers To Close Out 2022 John Hugh DeMastri on January 18, 2023 Wholesale prices dropped below investor expectations while still remaining …
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TOKYO (Reuters) – Japan Industrial Partners (JIP), the preferred bidder to buy out Toshiba Corp, may lower the valuation from the planned 2.2 trillion yen ($16.09 billion) to levels below …
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MOSCOW (Reuters) – The average price for Russia’s Urals oil blend was $57.49 per barrel between Nov. 15 and Dec. 14, Russia’s Finance Ministry said late on Thursday, below the …
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BANGKOK(Reuters) – Thailand’s headline consumer price index (CPI) rose by a less-than-expected 5.55% in November from a year earlier, the slowest pace in seven months, helped by lower food prices, …
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COLOMBO (Reuters) – Sri Lanka’s inflation would likely be below 4%-5% by the end of next year if the current fiscal policies are maintained, central bank governor Nandalal Weerasinghe said …
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(Reuters) – The average interest rate on the most popular U.S. home loan saw its largest single-week decline since July, dropping back to just below 7%, as signs inflation has …
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BRASILIA (Reuters) – Economic activity in Brazil resumed expansion in September, though below expectations, still ending the quarter with positive data, central bank data showed on Monday. The IBC-Br economic …
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PRAGUE (Reuters) – Czech central bank Governor Ales Michl said on Monday the state budget deficit needed to shrink and nominal wages should not rise too quickly next year, as …
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By Rae Wee SINGAPORE (Reuters) – The euro held below parity on Friday as investors eyed a potential slowdown in future rate hikes by the European Central Bank, while the …
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WASHINGTON (Reuters) – If the Federal Reserve can bring inflation under control with unemployment remaining under 5% that would be “pretty unusual and good,” Chicago Fed President Charles Evans said …
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BERLIN (Reuters) – Germans’ tourism bookings for the 2022/23 winter were down 33% as of the end of August compared with the pre-COVID winter of 2018/19, but sales are up …
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By Herbert Lash NEW YORK (Reuters) – New York City’s office market rebounded in the third quarter from a year earlier, though leasing remained below levels seen before the rise …