© Reuters. FILE PHOTO: Labels are seen on Canada Goose jackets in a store in Manhattan, New York City, U.S., February 7, 2022. REUTERS/Andrew Kelly (Reuters) -Canada Goose Holdings Inc forecast annual earnings and revenue above Wall Street expectations after reporting a surprise quarterly profit on Thursday, encouraged by strong demand for its luxury parkas…
© Reuters. FILE PHOTO: The PGNiG Termika Zeran heat power station is seen across Vistula river in Warsaw, Poland August 19, 2015. REUTERS/Kacper Pempel WARSAW (Reuters) -Polish gas monopoly PGNiG issued a call for arbitration to Russian gas supplier Gazprom (MCX:GAZP) regarding interest on overpayments it made for natural gas between 2014 and 2020, the…
© Reuters. FILE PHOTO: A general view of city skyline and skyscrapers under construction during sunset as the spread of the coronavirus disease (COVID-19) continues in Moscow, Russia May 16, 2020. REUTERS/Maxim Shemetov (Reuters) – Russia’s economy will contract by no more than 5% in 2022, presidential adviser Maxim Oreshkin said on Thursday, giving a…
© Reuters. FILE PHOTO: People walk in front the Central Bank headquarters building in Brasilia, Brazil March 22, 2022. REUTERS/Adriano Machado SAO PAULO (Reuters) -Brazil’s central bank director Bruno Serra said on Wednesday that although he hoped the country’s interest rate-hiking cycle was nearing its end, that would still depend on data, as bringing inflation…
© Reuters. FILE PHOTO: A person pushes a shopping cart in a supermarket in Manhattan, New York City, U.S., March 28, 2022. REUTERS/Andrew Kelly (Reuters) – Wells Fargo (NYSE:WFC) Investment Institute said on Wednesday it adjusted its economic expectations to make a mild U.S. recession its base case for the end of 2022 and early…
© Reuters. FILE PHOTO: A view of the city skyline in Shanghai, China February 24, 2022. Picture taken February 24, 2022. REUTERS/Aly Song By Rodrigo Campos NEW YORK (Reuters) – The world’s two largest economies borrowed the most in the first quarter as global debt rose to a record above $305 trillion, while the overall…
© Reuters. By Yasin Ebrahim Investing.com — Federal Reserve Chairman Jerome Powell said Tuesday there was broad support among Fed members to raise the Fed’s benchmark rate by half a percentage point at the next two meetings to curb inflation. While the Fed can’t control the supply issues driving up inflation, the U.S. central bank…
© Reuters. FILE PHOTO: Federal Reserve Chair Jerome Powell testifies before the Senate Banking Committee in Washington, U.S., March 3, 2022. Tom Williams/Pool via REUTERS WASHINGTON (Reuters) -The Federal Reserve will “keep pushing” to tighten U.S. monetary policy until it is clear that inflation is declining, Fed Chair Jerome Powell said on Tuesday. “What we…
© Reuters. FILE PHOTO: Governor of the Bank of England Andrew Bailey addresses the media on the Monetary Policy Report at the Bank of England in London, Britain May 5, 2022. Frank Augstein/Pool via REUTERS By David Milliken and Farouq Suleiman LONDON (Reuters) -Bank of England Governor Andrew Bailey said on Monday that the current…
© Reuters. FILE PHOTO: Sales persons wait for customers at a gold jewelry showroom in Chandigarh, India, November 9, 2016. REUTERS/Ajay Verma By Ashitha Shivaprasad (Reuters) – Gold rose slightly on Monday as a retreat in U.S. Treasury yields offset headwinds from a relatively firm dollar, which, along with looming interest rate hikes, earlier pushed…
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