Author Archives: Syndicated Content
Intesa’s profit tops forecast on higher rates, trading
By Valentina Za MILAN (Reuters) - Italy's biggest bank Intesa Sanpaolo on Friday posted a bigger-than-expected profit for the second quarter, helped by higher interest rates and trading gains, which o...
Jul 29, 2022
Brazil central bank to raise rates by 50 bps on Aug. 3: Reuters poll
By Valentine Hilaire MEXICO CITY (Reuters) - Brazil's central bank will hike its key rate by 50 basis points next week, a Reuters poll showed on Friday, matching an increase at its last meeting follow...
Jul 29, 2022
Israeli soldier kills Palestinian teenager in West Bank confrontation
AL MUGHAYYER, West Bank (Reuters) - An Israeli soldier shot dead a 16-year-old Palestinian during a confrontation near a Jewish settlement in the occupied West Bank on Friday, Palestinian officials sa...
Jul 29, 2022
U.S. consumer spending beats expectations in June; inflation accelerates
WASHINGTON (Reuters) - U.S. consumer spending increased more than expected in June as Americans paid more for goods and services, with monthly inflation surging by the most since 2005. Consumer spendi...
Jul 29, 2022
CNH Industrial beats profit Q2 estimates but flags bleaker outlook
MILAN (Reuters) - Agricultural and construction machine maker CNH Industrial beat estimates on Friday with a 14% rise in industrial operating profit in the second quarter, but said it anticipated a to...
Jul 29, 2022
Hermes snubs luxury resale market
By Mimosa Spencer PARIS (Reuters) - Birkin bag maker Hermes is not interested in getting involved in the fast-growing second hand luxury market which has attracted some its rivals, its chief Axel Duma...
Jul 29, 2022
Canada Q2 annualized GDP most likely grew 4.6%, higher than BoC forecast
OTTAWA (Reuters) - The Canadian economy most likely grew at an annualized rate of 4.6% in the second quarter over the first, above the Bank of Canada's projection, Statistics Canada said in a flash es...
Jul 29, 2022
U.S. labor costs increase strongly in the second quarter
WASHINGTON (Reuters) - U.S. labor costs increased strongly in the second quarter as a tight jobs market continued to boost wage growth, which could keep inflation elevated for a while. The Employment ...
Jul 29, 2022
China says U.S. chip act will distort global semiconductor supply chain
HONG KONG (Reuters) - China's commerce ministry said on Friday that a major new chips act passed by the U.S. Congress will distort the global semiconductor supply chain and disrupt international trade...
Jul 29, 2022
White House to host meeting of abortion rights lawyers, activists
By Jarrett Renshaw (Reuters) - The White House will host the inaugural meeting of pro bono attorneys and activists who defend abortion rights on Friday, in the wake of the U.S. Supreme Court's overtur...
Jul 29, 2022
