Bank of England raises rates to 4.5% and sees slow inflation fall

(Reuters) – The Bank of England raised its key interest rate by a quarter of a percentage point to 4.5%…

Coty lifts profit forecast as luxury shoppers seek cosmetics, fragrances

(Reuters) – Coty (NYSE:COTY) Inc on Tuesday raised its annual profit forecast for the second time and beat third-quarter revenue…

Dollar edges up as market looks to U.S. debt ceiling talks, inflation data

(Reuters) – The dollar edged up against major currencies on Tuesday as traders awaited clarity on U.S. debt ceiling talks…

Standard Chartered CEO says big U.S. recession unlikely

(Reuters) – Standard Chartered (OTC:SCBFF) Chief Executive Bill Winters said on Monday he sees a big recession in the United…

World food prices rise for first time in a year- FAO

(Reuters) – The United Nations food agency’s world price index rose in April for the first time is a year,…

Ukraine’s nuclear deal with Canada’s Cameco carries big risks, rewards

(Reuters) – Ukraine’s 12-year deal to buy enough uranium from Canadian miner Cameco (NYSE:CCJ) Corp to power all of its…

Marriott raises full-year profit forecast on strong travel demand

(Reuters) – Marriott International Inc raised its full-year adjusted profit forecast on Tuesday, as the U.S. hotel operator benefits from…

Eurozone Inflation Rebounded in April Ahead of ECB Meeting

Eurozone inflation rebounded slightly in April, after five consecutive months of falls, as food prices stayed high, complicating the European…

Lithium prices bounce after big plunge, but surpluses loom

(Reuters) – Lithium prices rebounded this week for the first time in five months after tumbling from record highs, but…

Energizer, Walmart sued for conspiring to raise battery prices

(Reuters) – Energizer Holdings Inc and Walmart (NYSE:WMT) Inc have been sued by consumers and retailers in three proposed class…