By Steve Scherer OTTAWA (Reuters) – Canada will on Thursday propose a tax on corporate stock buybacks, a senior government…
China’s services activity skids in October on COVID restrictions – Caixin PMI
BEIJING (Reuters) – China’s services activity contracted again in October as COVID-19 containment measures hit businesses and consumption, overshadowing the…
Fed jacks up interest rates again, hints at smaller increases ahead
By Howard Schneider and Ann Saphir WASHINGTON (Reuters) – The Federal Reserve raised interest rates by three-quarters of a percentage…
Philippine central bank to match Fed’s 75 bps rate hike on Nov. 17
By Enrico Dela Cruz and Neil Jerome Morales (Reuters) – The Philippine central bank signalled on Thursday it planned a…
Carl Icahn owns over 8% stake in beverage-can maker Crown Holdings -WSJ
(Reuters) – Carl Icahn has a more than 8% stake in Crown Holdings Inc, the Wall Street Journal reported on…
Advertisers begin to grill Elon Musk over Twitter ‘free-for-all’
By Sheila Dang (Reuters) – Elon Musk promised advertisers he would keep Twitter from turning into a “free-for-all hellscape.” This…
Elon Musk plans to cut half of Twitter jobs – Bloomberg News
(Reuters) – Elon Musk plans to cut about 3,700 jobs at Twitter Inc or half of the company’s workforce in…
Chip dip: Australia’s Woolworths says floods are hurting potato crops
By Byron Kaye and Harshita Swaminathan (Reuters) -Top Australian grocer Woolworths Group Ltd said heavy rain may keep squeezing supply…
Strong exports likely boosted Indonesia’s economy in Q3 – Reuters poll
By Devayani Sathyan BENGALURU (Reuters) – Indonesia’s economy grew at its fastest pace in over a year last quarter, buoyed…
Wall Street drops as Powell signals Fed not close to done
By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stocks ended sharply lower on Wednesday, as comments from Fed Chair Jerome…