UK retail sales fall in May after April rise, outlook less gloomy: CBI
LONDON (Reuters) - British retail sales declined this month after a modest rise in April but stores expect sales volumes to stabilise in…
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Wall St opens lower as debt ceiling impasse keeps investors on edge
(Reuters) - Wall Street's main indexes opened lower on Wednesday as yet another round of talks between the White House and Republican…
European shares face bumpy ride to new highs in 2024: Reuters poll
By Danilo Masoni and Lucy RaitanoMILAN/LONDON (Reuters) - Concerns over recession and sticky inflation will weigh on European shares…
Fed’s Bowman backs ‘targeted’ bank rules reform but not ‘radical’…
Federal Reserve Governor Michelle Bowman on Friday repeated her call for the U.S. central bank to hire an outside party to analyze the…
Walmart lifts annual sales, profit view on resilient consumer spending
(Reuters) -Walmart Inc raised its annual sales and profit targets on Thursday as the retail behemoth drew from price-conscious shoppers…
Wall St set for higher open as regional banks bounce, debt talks grind on
By Shreyashi Sanyal and Shristi Achar A(Reuters) - U.S. stock indexes were set to open higher on Wednesday after Western Alliance…
Sri Lankan economy expected to contract by 3% in 2023: IMF official
By Uditha JayasingheCOLOMBO (Reuters) - The Sri Lankan economy is expected to contract by 3% in 2023 given the weak external…
Futures edge higher on inflation cheer, Disney slides
(Reuters) - U.S. stock index futures edged higher in the early hours of Thursday on lingering optimism over upbeat inflation data, while…
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…
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…