Newell Brands Inc said its top boss Ravi Saligram will retire effective May 16 and forecast annual results below analysts' estimates, sending the Sharpie maker's shares down 11% in premarket trading.
Haruhiko Kuroda leaves a mixed legacy after 10 years running the Bank of Japan (BOJ), achieving prices rises after decades of deflation and anaemic growth but without engineering durable expansion fuelled by domestic demand.
Investors continued to withdraw from U.S. equity funds for a 12th straight week in the seven days to Feb. 8 as a report showing robust U.S. job additions in the last month fed fears that the U.S. Federal Reserve would keep raising interest rates this year.
Global equity funds witnessed their first weekly outflow in five as a stronger-than-expected U.S. jobs report raised concerns that the Federal Reserve would keep policy rates higher for longer than anticipated.
Britain's economy showed zero growth in the final three months of 2022 - enough for it to avoid entering a recession for now - but faces tough prospects in 2023 as households continue to wrestle with double-digit inflation.
U.S. stock index futures slipped on Friday, with megacap growth companies under pressure after Treasury yields extended gains, while shares of Lyft plunged as the ride-hailing firm forecast current-quarter profit far below estimates.
Japan's government is likely to appoint Kazuo Ueda, an academic and a former member of the Bank of Japan's policy board, as the next central bank governor, two government officials told Reuters on Friday.
Supermarket operators Kroger Co and Albertsons Companies Inc are advancing plans to sell between 250 and 300 stores they hope will alleviate U.S. antitrust concerns over their combination, according to people familiar with the matter.
North American companies struggling to hire workers in the tightest labor market in decades brought on more robots last year than ever before, with many earmarked for new electric vehicle and battery factories under construction.
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