Shares in London fell on Wednesday as the FTSE 100 index recorded a three-day winning streak after data showed UK consumer price inflation jumped to 10.1% in July, making betting on more aggressive interest rate hikes by the Bank of England. The blue-chip index ended down 0.3%, dragged down byRead More →
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Business travelers enter the airport hotel in Denver, Colorado, U.S., November 3, 2017. REUTERS/Rick Wilking Join now for FREE unlimited access to Reuters.com Register Aug 16 (Reuters) – A recovery in global business travel spending to pre-pandemic levels is expected to be delayed 18 months to 2026 due to factorsRead More →
NEW YORK (Reuters) – Oil prices fell about 2% on Friday on expectations that supply disruptions in the U.S. Gulf of Mexico would be short-term, while fears of recession clouded the outlook for demand. Futures, however, were still on course for a weekly gain. Brent crude futures fell $1.47, orRead More →
COLORADO SPRINGS — A local business is honoring late Deputy Andrew Peery to ensure his memory lives on for those loved ones. Wyckoff’s workshop creates a one-of-a-kind wooden plaque. It is sculpted in the shape of his El Paso County Sheriff’s Office badge. “That’s probably the worst part of thisRead More →
Shares of Foothill Ranch-based LoanDepot Inc. (NYSE: LDI) fell 7.6% in after-hours trading after its second-quarter results fell short of analysts’ expectations. The company, the nation’s seventh-largest mortgage originator, said revenue fell 60% to $308.6 million and a loss of 66 cents per share. Analysts had expected sales of $372Read More →
The financial health of electricity distribution companies (discoms), which has improved slightly in recent years, has again been hit, reveals the annual rating of discoms by the financing agency Power Finance Corporation (PFC). The sector’s financial deficit is “larger than previously recorded” and is widening due toRead More →
Today’s US housing market is a study in contradictions. After a period of intense and often frenetic buyer activity during the pandemic period, sales have been on the decline. Housing stock, which was extremely scarce before the pandemic, is slowly starting to become a little more abundant. But house pricesRead More →
Chinese tech conglomerate Ali Baba bid farewell to nearly 10,000 employees in a bid to cut spending amid sluggish sales and a slowing economy in the country, media reported on Saturday. According to South China Morning Post said more than 9,241 employees left Hangzhou-based Alibaba in the June quarter asRead More →
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Loans without credit checks are credit-related products that allow users to access fast financing without undergoing a credit check. With large numbers of Americans unprepared for financial emergencies, these types of loans are becoming increasingly popular. Over the past two years, many no credit check lenders have appeared in theRead More →
Bharat MadanChief Financial Officer, Group Chief Financial Officer and Corporate Head, Kubota Escorts, says it expects to be able to return to normal margins by the fourth quarter. Madan also says Kubota’s integration has not yet started. Obviously, this will be a gradual and slow process. increased prices to protectRead More →
Bharat MadanChief Financial Officer, Group Chief Financial Officer and Corporate Head, Kubota Escorts, says it expects to be able to return to normal margins by the fourth quarter. Madan also says Kubota’s integration has not yet started. Obviously, this will be a gradual and slow process. increased prices to protectRead More →
Invesco Asia has released its results for the 12 months ended April 30, 2022. The trust beat its reference in a falling market, return of -6.7% against -12.9% for the MSCI Asia ex Japan Index. The discount widened from 8.2% to 11.9% and, consequently, the return to shareholders was -10.0%.Read More →
Fertilizers play Mosaic (MOS) and CF Industries (CF) both posted strong second-quarter results that fell short of even higher expectations. Shares of CF and Mosaic both fell in Monday night’s stock action. This latest round of earnings reports comes as falling fertilizer prices have finally chilled one of the hottestRead More →