By Tetsushi Kajimoto TOKYO (Reuters) -U.S. Treasury Secretary Janet Yellen respects Japan’s stance of not disclosing whether it had intervened…
Brazil’s Treasury to receive $8.5 billion from development bank BNDES this year
BRASILIA (Reuters) – Brazil’s Treasury will receive 45 billion reais ($8.5 billion)from loans it has granted to development bank BNDES…
Cloud to PCs, Microsoft forecasts spook investors as economy bites
By Tiyashi Datta and Jane Lanhee Lee (Reuters) -Microsoft Corp on Tuesday projected second-quarter revenue below Wall Street targets across…
Bristol Myers Q3 sales fall on Revlimid, forex pressure
(Reuters) – Drugmaker Bristol Myers Squibb said on Tuesday its third-quarter sales fell from last year as generic competition ate…
Alphabet’s miss fans inflation fears across digital advertising
By Sheila Dang and Eva Mathews (Reuters) -Google parent Alphabet Inc’s disappointing ad sales sparked worries across the digital media…
Wall St extends rally on signs of ebbing Fed rate hikes
By Stephen Culp NEW YORK (Reuters) – U.S. stocks closed sharply higher on Tuesday as soft economic data hinted that…
Bill Hwang, Archegos demand end to SEC lawsuit over $36 billion firm’s collapse
By Jonathan Stempel NEW YORK (Reuters) -Bill Hwang, whose Archegos Capital Management LP collapsed suddenly in March 2021, on Tuesday…
Automakers to double spending on EVs, batteries to $1.2 trillion by 2030
By Paul Lienert (Reuters) -The world’s top automakers are planning to spend nearly $1.2 trillion through 2030 to develop and…
Canada’s Ontario ups foreign home buyers speculation tax to 25%
(Reuters) – The Ontario government said on Tuesday it was raising the real estate speculation tax for foreign buyers to…
Mattel cuts profit view as inflation hits Barbie, Fisher-Price demand
By Ananya Mariam Rajesh and Uday Sampath Kumar (Reuters) -Mattel Inc cut its annual profit forecast on Tuesday and said…