economy

Sustained workout wear demand drives Lululemon’s upbeat 2021 forecasts

Lululemon Athletica Inc (LULU.O) forecast full-year net revenue and profit above Street estimates on Thursday, anticipating continued demand for its…

4 years ago

New Exxon board member Hietala brings business transformation experience

Exxon Mobil's newly elected board member Kaisa Hietala says her work at Finnish refiner and biofuel producer Neste makes her…

4 years ago

Analysis: A ‘tsunami’ of cash is driving rates ever lower. What will the Fed do?

Banks have too much cash on their hands - and they're running out of places to put it.

4 years ago

White House warns companies to step up cybersecurity

The White House warned corporate executives and business leaders on Thursday to step up security measures to protect against ransomware…

4 years ago

European stock traders place their blockbuster bets in the dark

Think of an exclusive poker game where the minimum bet is close to $1 million. The stock-trading version, "dark pools"…

4 years ago

EXCLUSIVE Tesla supplier CATL plans a major battery plant in Shanghai -sources

China's CATL (300750.SZ) is planning a major new automotive battery plant in Shanghai, continuing a blistering pace of expansion that…

4 years ago

EU’s carbon border tariff to target steel, cement, power, Bloomberg News says

The European Union plans to impose carbon emission costs on imports of goods including steel, cement and electricity, Bloomberg News…

4 years ago

World food price index surges in May to highest level since 2011 -FAO

World food prices rose in May at their fastest monthly rate in more than a decade, posting a 12th consecutive…

4 years ago

Asian equities clock biggest foreign outflows since March 2020

Asian equities in May clocked their biggest foreign outflows in 14 months due to a spike in COVID-19 cases in…

4 years ago

Amid hiring troubles, rising prices, U.S. growth gains speed -Fed

The U.S. economic recovery accelerated in recent weeks even as a long list of supply chain troubles, hiring difficulties, and…

4 years ago