Finance

US weekly jobless claims fall, but labor market softening

US weekly jobless claims fall, but labor market softening

WASHINGTON (Reuters -The number of Americans filing new applications for unemployment benefits fell last week, but the labor market has softened as both demand for and supply of workers have dimin...

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Purell maker GOJO Industries explores options including a sale, sources say

Purell maker GOJO Industries explores options including a sale, sources say

By Abigail Summerville (Reuters) -Purell hand sanitizer maker GOJO Industries is exploring options including a full sale or offloading a minority stake, with any deal likely to value the privately...

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US Fed starts easing path, other major central banks on hold

US Fed starts easing path, other major central banks on hold

By Sara Rossi LONDON (Reuters) -The U.S. Federal Reserve has delivered its first rate cut since December, diverging from most other major central banks that have kept interest rates unchanged. Th...

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Mars to invest €1bn in Europe as Kellanova deal remains unresolved

Mars to invest €1bn in Europe as Kellanova deal remains unresolved

American multinational confectionery firm Mars will invest €1 billion in Europe by the end of 2026, the sweetmaker announced on Thursday. The funding will go towards boosting manufacturing and inn...

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Brazil’s Natura enters agreement to sell Avon International

Brazil’s Natura enters agreement to sell Avon International

SAO PAULO (Reuters) -Brazilian cosmetic marker Natura has entered into a binding agreement to sell Avon International to an acquisition vehicle that is an affiliate of Regent, the company said in...

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Bank of England holds main UK interest rate at 4% with inflation above target

Bank of England holds main UK interest rate at 4% with inflation above target

The Bank of England (BoE ) held its main interest rate at 4% on Thursday as inflation in the UK remains stubbornly high. The decision was widely anticipated, as was the split of votes on the nine-...

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