U.S. core CPI slows in November, apparel prices tumble
WASHINGTON (Reuters) – Underlying U.S. consumer inflation slowed in November amid weak healthcare costs and the biggest drop in apparel prices since 1998.
S&P, Dow to open flat ahead of Fed’s rate decision
(Reuters) – The S&P 500 and the Dow were set to open flat on Wednesday as traders awaited the Federal Reserve’s decision on raising interest rates for the third time this year and its view on the health of the world’s largest economy.
Want cheaper British car insurance? Mind how you shop
LONDON (Reuters) – Ever wondered what your shopping habits say about your driving? Britain’s big supermarkets have.
U.S. consumer prices increase, but core CPI moderates
WASHINGTON (Reuters) – U.S. consumer prices accelerated in November amid a rebound in gasoline prices, but declining healthcare and apparel costs curbed underlying inflation pressures.
WTO struggles to hone global trade vision after U.S. turnabout
BUENOS AIRES (Reuters) – Trade ministers looked set to wrap up their biennial World Trade Organization (WTO) meeting without having reached a single agreement on Wednesday, still reeling from criticism brought by the United States, once the WTO’s drivi…
Sports Direct shareholders veto payment to brother of founder Mike Ashley
LONDON (Reuters) – Independent shareholders in Sports Direct on Wednesday voted against making a retrospective payment of 11 million pounds ($15 million) to the brother of founder and majority shareholder Mike Ashley for his work as an IT expert.
Airbus leadership under fire as crisis deepens
TOULOUSE/PARIS (Reuters) – Airbus is engulfed in a fresh bout of speculation over the future of senior managers as corruption probes rattle the aerospace company and add fuel to a long-running clash of egos at the top, people familiar with the group sa…
Shares eye record high as Fed heads for 2017 hat-trick
LONDON (Reuters) – Global shares were within a whisker of a record high on Wednesday as markets traded on expectations of a third U.S. interest rate hike this year and waited to hear from the Federal Reserve how many more are likely in 2018.
Futures flat ahead of Fed’s decision on interest rate hike
(Reuters) – U.S. stocks futures pointed to a flat open for Wall Street on Wednesday as investors awaited the Federal Reserve’s announcement on benchmark interest rate and assessed the Democratic win in the Alabama Senate election.
Oil up on U.S. crude stocks draw, Forties outage supports
LONDON (Reuters) – Oil prices rose on Wednesday as industry data showed a larger-than-expected drawdown in U.S. crude stockpiles, while expectations for an extended shutdown of a major North Sea crude pipeline also continued to bolster markets.
