By Uday Sampath Kumar and Jessica DiNapoli (Reuters) -Procter & Gamble Co beat estimates for quarterly sales and profit on…
Banks brace for tax hit to help plug UK’s budget gap
By Iain Withers and Lawrence White LONDON (Reuters) -British banks are bracing for a potential tax hit to their profits…
Oilfield firm Baker Hughes tops estimates, warns on inflation
By Liz Hampton and Arunima Kumar (Reuters) -Baker Hughes Co on Wednesday posted an adjusted third-quarter profit that topped Wall…
Russia’s partial mobilisation harms consumer, business confidence – cenbank analysts
MOSCOW (Reuters) – Russia’s partial mobilisation is having a negative impact on consumer and entrepreneurial confidence, while also posing new…
Canada’s inflation beat boosts chances of 75 bps rate hike
By Julie Gordon OTTAWA (Reuters) – Canada’s annual inflation rate edged down but exceeded forecasts in September while underlying price…
Amazon, NY attorney general call off COVID-19 litigation
By Jeffrey Dastin (Reuters) – Amazon.com Inc and New York state’s attorney general on Wednesday agreed to halt litigation against…
JetBlue, Spirit Airlines inch closer to forming fifth-largest U.S. carrier
(Reuters) – Shareholders of U.S. carrier Spirit Airlines Inc voted in favor of JetBlue Airways Corp’s $3.8 billion takeover offer,…
JPMorgan launches fundraising platform to lure startups
By Krystal Hu (Reuters) – JPMorgan Chase & Co is launching a platform that aims to connect startup founders with…
Analysis-Goldman Sachs’ consumer pivot solves one question, but makeover raises more
By Lananh Nguyen and Saeed Azhar NEW YORK (Reuters) – Goldman Sachs Group Inc’s strategy pivot has solved one problem…
Investor Elliott takes stake in Germany’s Fresenius – source
FRANKFURT (Reuters) -Elliott Investment Management has taken a stake in Fresenius SE, a person familiar with the matter told Reuters…