FRANKFURT (Reuters) -German insurer Allianz on Wednesday posted a better-than-expected 17% rise in third-quarter net profit, helped by strength at…
Biden says ‘we’re not anywhere near a recession’ right now
WASHINGTON (Reuters) – U.S. President Joe Biden on Wednesday said he believed the U.S. economy would have a soft landing…
Elon Musk tells Twitter advertisers he wants to stop fake accounts, pursue truth
By Sheila Dang (Reuters) – Twitter’s new owner Elon Musk told advertisers on Wednesday he aimed to turn the social…
Disney sees biggest one-day loss in over two decades as streaming costs mount
By Eva Mathews (Reuters) -Shares in Walt Disney Co closed 13% lower, its biggest one-day loss since 2001, on Wednesday,…
Latam Airlines and pilots in Chile reach deal averting strike
SANTIAGO (Reuters) -Latam Airlines and its main pilots’ union in Chile have reached an agreement staving off a threatened strike,…
Trump cannot delay watchdog for his company, court rules
By Luc Cohen NEW YORK (Reuters) -Former U.S. President Donald Trump on Wednesday lost a bid to delay the appointment…
Carrefour Brasil profit slumps nearly 60% on high interest rates
SAO PAULO (Reuters) -Carrefour Brasil on Wednesday posted a third-quarter adjusted net profit that slumped 59% from a year earlier,…
Judge approves $80 million Porsche U.S. vehicle settlement
By David Shepardson WASHINGTON (Reuters) -A U.S. judge on Wednesday granted final approval to a class-action settlement worth at least…
Hasbro finance chief Deborah Thomas to retire
(Reuters) -Hasbro Inc said on Wednesday its Chief Financial Officer Deborah Thomas would retire, with the toymaker working on hiring…
Potentially divided U.S. government tees up tough economic debates for 2023
By Howard Schneider WASHINGTON (Reuters) -Potential Republican control of at least one chamber of the U.S. Congress sets the stage…