Economy

(Reuters) -CoverGirl parent Coty (NYSE:COTY) on Monday estimated first-quarter like-for-like sales growth below its prior forecast due to a slowdown in the U.S., sending its shares down 6% in after-market…

(Reuters) -Phillips 66 will sell its 49% non-operated equity interest in Coop Mineraloel AG to its Swiss joint venture partner for $1.24 billion, the U.S. refiner said on Monday. The…

Palo Alto, California (Reuters) – Citing recent data showing an uptick in inflation and a U.S. economy and labor market that are stronger than previously thought, Federal Reserve Governor Christopher…

By Ann Saphir Palo Alto, California (Reuters) -Citing a recent uptick in inflation and data showing the U.S. economy and labor market are stronger than previously thought, Federal Reserve Governor…

(Reuters) -Meta Platforms’ Facebook and Instagram were largely restored for most users after an outage that impacted thousands in the U.S. on Monday, according to outage tracking website Downdetector.com. At…

By Alistair Smout LONDON (Reuters) -British Prime Minister Keir Starmer promised on Monday to scrap regulation that holds back economic growth as he secured commitments for more than 60 billion…

By Scott Murdoch, Heekyong Yang and Kashish Tandon SYDNEY/SEOUL (Reuters) -Hyundai Motor India sold shares worth $989.4 million to institutional investors including BlackRock (NYSE:BLK) and Fidelity on Monday, as the…

ISTANBUL (Reuters) – Turkey’s economy will grow 3% this year and next, lower than the government’s recently updated forecasts, a Reuters poll of economists showed on Monday, pointing to a…

By Marcela Ayres and Bernardo Caram BRASILIA (Reuters) – The Brazilian government is preparing to roll out measures to curb mandatory spending after a second round of municipal elections at…

(Reuters) -Vanda Pharmaceuticals on Monday rejected UK-based Cycle Pharmaceuticals’ second takeover proposal, which values the drugmaker at $8 per share despite a drop in Vanda (NASDAQ:VNDA)’s stock following the FDA’s…