By Julie Gordon and David Ljunggren OTTAWA (Reuters) – The Bank of Canada announced a smaller-than-expected interest rate hike on…
Watchdog CPUC seeks $155 million in fines against PG&E over Zogg wildfire
(Reuters) – The California Public Utilities Commission (CPUC) watchdog on Tuesday proposed fines of $155.4 million against shareholders of utility…
U.S. firm Westinghouse likely to win Polish nuclear contract – deputy PM
WARSAW (Reuters) – Poland is likely to choose U.S. firm Westinghouse Electric Co to build its first nuclear power plant,…
Berkshire’s Brooks running unit settles trademark case against Brooks Brothers
By Jonathan Stempel (Reuters) – Brooks, the running shoe unit of billionaire Warren Buffett’s Berkshire Hathaway Inc, has settled a…
Volkswagen brand will only produce electric cars in Europe from 2033 -brand chief
By Victoria Waldersee BERLIN (Reuters) – The Volkswagen brand will only produce electric cars in Europe from 2033, its boss…
Exclusive-Bank of Mexico nears end of rate hike cycle, eyes economic toll, board member says
By Anthony Esposito and Ana Isabel Martinez MEXICO CITY (Reuters) – Bank of Mexico board member Gerardo Esquivel cautioned against…
Fitch downgrades Argentina’s sovereign credit rating to ‘CCC-‘
By Adam Jourdan BUENOS AIRES (Reuters) – Ratings agency Fitch on Wednesday downgraded Argentina’s long-term sovereign credit rating by a…
Italy’s Meloni under fire over plan to raise cash payments cap
By Alvise Armellini ROME (Reuters) -Italy’s new right-wing government is planning to raise a limit on cash payments, Prime Minister…
Credit Suisse under investor scrutiny ahead of business overhaul
By Vincent Flasseur and Davide Barbuscia (Reuters) – Credit Suisse Group AG is set to announce a major strategic overhaul…
Cuba hosts first U.S. business conference in years, seeks investment
By Marc Frank HAVANA (Reuters) – A few dozen U.S. entrepreneurs braved tough U.S. sanctions and Cuba’s worst economic crisis…