Deere & Co raised its annual profit forecast on Friday after beating Wall Street quarterly earnings estimates on robust demand for its high-horsepower tractors and an increase in spending from construction customers.
Most Germans are worried about high inflation, and more than half of them report that rising prices are making them struggle financially, an international survey by Dynata showed.
U.S. bond funds witnessed their first weekly net selling in six weeks in the seven days to Feb. 15 as bond yields climbed on concerns over more Federal Reserve tightening after data showed resilient inflation.
Wall Street stock index futures fell on Friday on fears that accelerating inflation in the face of a sturdy U.S. economy could prompt the Federal Reserve to err on the side of caution by keeping monetary policy restrictive through the year.
Rogers Communications has extended the deadline for its takeover of Shaw Communications for the fourth time to March 31 as the wireless carriers await final approval from Canadian industry minister Francois-Philippe Champagne.
Top U.S. auto retailer AutoNation Inc reported a better-than-expected quarterly profit on Friday as demand for new vehicles, spare parts and services offset a poor performance in the used-vehicle segment.
Russia is likely to limit exports of key metals such as nickel and palladium if the United States imposes steep taxes on imports of aluminium from Russia, analysts say.
German producer prices rose more than expected in January, though the rate of increase eased for the fourth month in a row, signalling that inflation in Europe's largest economy could be starting to wane, according to data released on Friday.
U.S.-based investment firm BlackRock said on Friday it would join a new sovereign debt roundtable set up to accelerate progress on stalled relief efforts for distressed countries with Britain's Standard Chartered also joining according to sources.
Sponsors are not involved in the creation of newsletters or other Reuters news content.
