Economy

(Reuters) – Paints and coatings maker PPG Industries (NYSE:PPG) missed Wall Street estimates for third-quarter profit on Wednesday, hurt by lower sales at its industrial coatings unit. The company posted…

By Francesco Canepa and Balazs Koranyi FRANKFURT (Reuters) – The European Central Bank is likely to lower interest rates again on Thursday, arguing inflation in the euro zone is now…

(Reuters) -Discover Financial’s third-quarter profit jumped 43% as the U.S. credit card issuer’s net interest income climbed and its provisions for potential sour loans fell, the company said on Wednesday.…

(Reuters) – BHP beat first-quarter iron ore output estimates on Thursday as the mining giant benefited from efforts to ease bottlenecks at its Western Australia operations, while copper production was…

(Reuters) – Credit ratings firm Equifax (NYSE:EFX) said on Wednesday it expects full-year revenue below Wall Street estimates, as higher-for-longer interest rates continued to weigh on loan demand and kept…

By Michael S. Derby NEW YORK (Reuters) – Rent inflation will continue to put pressure on consumers for some time to come, the Federal Reserve Bank of Cleveland said in…

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets.  Markets across Asia should open on a firm footing on Thursday, supported by a rebound on…

DAKAR (Reuters) – The International Monetary Fund on Wednesday said a staff team had visited Senegal to start assessing the implications of data revisions resulting from a government audit of…

By Stefania Spezzati LONDON (Reuters) – UniCredit is still awaiting a court decision over whether it must immediately reduce its Russia business to comply with a European Central Bank order,…