Demand momentum in India rising, rural spending picking pace, says RBI
By Swati Bhat MUMBAI (Reuters) - Aggregate demand momentum in India is rising, with the overall non-food spending being pushe...
3h ago
German home prices to fall 2% in 2024, supply to lag demand: Reuters poll
By Indradip Ghosh BENGALURU (Reuters) - German home prices will see a far shallower decline this year than in 2023 as borrowi...
3h ago
Macy's raises annual profit forecast as cost cuts begin to pay off
(Reuters) - Bloomingdale's owner Macy's raised its annual profit forecast on Tuesday, signaling that efforts to reduce costs ...
3h ago
Futures steady as Fed policy caution weighs, Nvidia results awaited
(Reuters) - U.S. index futures were muted on Tuesday, as investors refrained from placing big bets before AI chip leader Nvid...
4h ago
Sri Lanka inflation rises to 2.7% in April from 2.5% in March
COLOMBO (Reuters) - Sri Lanka's consumer price inflation rose to 2.7% in April from 2.5% in March, official data showed on Tu...
4h ago
Chinese tech giants slash prices of language models used to power AI chatbots
By Liam Mo and Eduardo Baptista BEIJING (Reuters) - Chinese tech giants Alibaba and Baidu slashed prices on Tuesday of large-...
4h ago
Exclusive-Conservative investor pulls JPMorgan resolution, cites changes addressing 'politicized finance'
By Ross Kerber (Reuters) - A conservative shareholder has withdrawn a resolution filed for a vote at Tuesday's annual meeting...
5h ago
Canadian banks' quarterly profits seen pressured by higher bad-debt provisions
By Nivedita Balu TORONTO (Reuters) - Canadian banks are expected to set aside money for challenging days, which will hurt qua...
5h ago
China's JD.com aims to raise $1.5 billion in convertible bond deal
By Scott Murdoch SYDNEY (Reuters) -Chinese online retailer JD.com is raising $1.5 billion via a convertible bond sale, accord...
5h ago
UK manufacturing orders dry up in May: CBI
(Reuters) - British manufacturing orders contracted this month at the fastest rate since November and expectations for future...
5h ago