Big U.S. firms adopt cautious tone on China recovery
(Reuters) - Several U.S. companies, including PepsiCo (NASDAQ:PEP), Qualcomm (NASDAQ:QCOM) and Cummins (NYSE:CMI), struck a cautious note on…
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Biden, McCarthy start debt ceiling talks as clock ticks to default
By Steve HollandWASHINGTON (Reuters) - U.S. President Joe Biden and top Republican lawmakers will declare their positions face to face…
Oil climbs almost 3% as recession fears begin to fade
By Alex LawlerLONDON (Reuters) - Oil rose almost 3% on Monday as U.S. recession fears eased and some traders took the view that crude's…
Food pushes Pakistan inflation to record 36.4% in April
By Ariba ShahidKARACHI, Pakistan (Reuters) -Pakistan consumer prices, driven by food, rose a record 36.4% in the year to April, the…
UK inflation expectations ease as BoE considers next rate hike
LONDON (Reuters) -Inflation expectations in Britain eased in April, bank Citi said on Monday, offering some relief to the Bank of England…
Bitcoin could hit $100,000 by end-2024, Standard Chartered says
By Elizabeth HowcroftLONDON (Reuters) - Top cryptocurrency bitcoin could reach $100,000 by the end of 2024, Standard Chartered said on…
India’s forex reserves rise for second week, hit over 9-month high
MUMBAI (Reuters) - India's foreign exchange reserves rose for a second week to hit an over nine-month high of $586.41 billion for the week…
Tesla to feel commodity cost pain until second half of 2023
By Aditya Soni and Akash Sriram(Reuters) - A recent pullback in commodity prices will aid Tesla (NASDAQ:TSLA) Inc's bruised margins only…
Core euro zone inflation edges up in March, keeping ECB on alert
By Balazs KoranyiFRANKFURT (Reuters) - Euro zone inflation eased last month but underlying readings remained stubbornly high, Eurostat…
European shares, US share futures rise on earnings boost
By Alun John and Scott MurdochLONDON/SYDNEY (Reuters) - European stocks hit a 14-month high on Tuesday and U.S. share futures rose after…