NEW YORK (Reuters) – U.S. consumer spending increased more than expected in September, while underlying inflation pressures continued to bubble,…
Airbus confirms bribery settlement talks over Kazakhstan, Libya
PARIS (Reuters) – Airbus confirmed on Friday it is negotiating a new bribery settlement with French authorities over past dealings…
Musk begins his Twitter ownership with firings, declares the ‘bird is freed’
By Sheila Dang and Greg Roumeliotis NEW YORK (Reuters) -Elon Musk has taken ownership of Twitter Inc with brutal efficiency,…
Google plans legal challenge to India’s antitrust crackdown on Android-sources
By Aditya Kalra and Arpan Chaturvedi NEW DELHI (Reuters) – Google is planning a legal challenge to block a ruling…
ECB policymakers stick with hike plans even as recession looms
By Balazs Koranyi FRANKFURT (Reuters) – European Central Bank policymakers stood firmly behind plans to keep raising interest rates even…
Porsche CFO: we must safeguard data infrastructure
BERLIN (Reuters) – Porsche’s Chief Financial Officer Lutz Meschke said critical infrastructure, particularly data infrastructure, needed better protection in Germany…
Air France-KLM shares sink as travel chaos darkens outlook
By Dina Kartit, Juliette Portala and Toby Sterling (Reuters) – Air France-KLM on Friday cut its capacity forecast and its…
China’s largest banks weather property woes but margins narrow
BEIJING (Reuters) – China’s largest lenders have posted third-quarter profit rises of more than 4% as their diverse lending portfolios…
Russia holds rates at 7.5%, cautions on inflationary effects of mobilisation
By Alexander Marrow MOSCOW (Reuters) -Russia’s central bank held its key interest rate at 7.5% on Friday, cautioning that expectations…
Fed on track for tens of billions in losses amid inflation fight
By Michael S. Derby NEW YORK (Reuters) – The Federal Reserve’s aggressive campaign to rein in inflation leaves it on…