By Herbert Lash NEW YORK (Reuters) -The dollar consolidated gains on Friday and posted its biggest weekly rise in seven months as markets priced in a year ahead of aggressive hikes in U.S. interest rates. Money markets priced in a...
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Barilla serves up new premium pasta to keep up with consumer tastes
MILAN (Reuters) – Barilla, the world’s biggest pasta maker, is moving upmarket with a new high-end pasta range that aims to keep up with consumer tastes for premium quality foods. The 145-year old family-owned company unveiled...
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High inflation to stick this year, denting global growth: Reuters poll
By Shrutee Sarkar BENGALURU (Reuters) – Persistently high inflation will haunt the world economy this year, according to a Reuters poll of economists who trimmed their global growth outlook on worries of slowing demand and the risk...
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Fed signals intent to join the great central bank stimulus exit
LONDON (Reuters) – The U.S. Federal Reserve has kicked off 2022 with a clear message: rates will rise to contain surging inflation. Other central banks have already started the rates liftoff, and even dovish ones are starting to...
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Dollar jumps as markets brace for larger, faster rate hikes
By Herbert Lash and Dhara Ranasinghe NEW YORK/LONDON (Reuters) – The dollar soared to highs last seen in July 2020 against other major currencies on Thursday, a day after the Federal Reserve said it could deliver faster and larger...
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McDonald’s profit hit by rising costs, pandemic curbs
By Praveen Paramasivam and Hilary Russ (Reuters) -McDonald’s Corp missed revenue and profit expectations on Thursday, as higher costs and tepid sales in its over 4,500 restaurants in Australia and China due to pandemic-led curbs ate...
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