Reuters US Economy

(Reuters) – American Airlines is close to placing an order for about 100 narrowbody jets split between Airbus SE and Boeing, with the European planemaker likely to secure the larger part, Bloomberg News reported on Tuesday, citing people familiar with the talks. A deal could be announced in coming weeks, although the final mix of …

American Airlines nears jet order tilted toward Airbus, Bloomberg reports Read More »

ROME (Reuters) – Italy’s upper house of parliament gave final approval on Tuesday to legislation that aims to overhaul the country’s capital markets and includes measures to boost the influence of listed companies’ top investors. The bill aims to attract newcomers to Borsa Italiana, after the Milan stock exchange lost a string of prominent companies …

Italy’s parliament approves bill to shore up Milan stock exchange Read More »

By Lucia Mutikani WASHINGTON (Reuters) – Orders for long-lasting U.S. manufactured goods fell by the most in nearly four years in January, while business investment on equipment appeared to have eased, signs that the economy lost momentum at the start of the year. Concerns about the economy’s outlook, especially the labor market, and the upcoming …

US durable goods orders slump; business investment on equipment appears soft Read More »

(Reuters) – Federal Reserve Governor Michelle Bowman on Tuesday signaled she is in no rush to cut U.S. interest rates, particularly given upside risks to inflation that could stall progress or even cause price pressures to resurge. “My baseline outlook continues to be that inflation will decline further with the policy rate held steady,” Bowman …

Fed’s Bowman says she will stay ‘cautious’ on monetary policy Read More »

BERLIN (Reuters) – German consumer sentiment is expected to stabilize at a low level in March as households are confronted with great uncertainty due to constantly rising prices and a weaker outlook for Europe’s largest economy, a survey showed on Tuesday. The consumer sentiment index published jointly by GfK and the Nuremberg Institute for Market …

German consumer sentiment stabilizes at low level in March, finds GfK Read More »

By Naomi Rovnick LONDON (Reuters) – European private lending activity has rebounded to levels last seen in mid-2022, new data from Deloitte showed on Tuesday, in a sign investors are piling in to risky corporate debt as they anticipate European Central Bank interest rate cuts this year. Private debt funds, which mostly lend at high …

European private credit rebounds to levels last seen in mid-2022, says Deloitte Read More »

A look at the day ahead in European and global markets from Tom Westbrook Stocks around the world have travelled great distances to record peaks in recent days, but turned sideways this week while investors and central bankers alike wait on inflation data that could alter the course for interest rates. Figures on the French …

Marketmind: Stocks hold fast in wait for inflation data Read More »

By Andrea Shalal SAO PAULO (Reuters) – Strong U.S. economic growth has been a “key driver” of better than expected global growth, U.S. Treasury Secretary Janet Yellen will tell a news conference on Tuesday ahead of this week’s meeting of G20 finance officials in Sao Paulo, Brazil. In excerpts of her remarks released by Treasury, …

Yellen says global economy remains resilient, lauds US as growth driver Read More »