By Sheila Dang (Reuters) -Elon Musk said in a tweet on Wednesday that he “killed” the new official label for…
Richmond Fed’s Barkin: Inflation fight “may lead to a downturn”
By Howard Schneider WASHINGTON (Reuters) – The Federal Reserve’s fight to lower inflation “may lead to a downturn” as the…
Barkin: U.S. likely on “back end” of inflation surge
WASHINGTON (Reuters) – The U.S. is likely at the “back end” of the current inflation surge though it remained unclear…
European stocks snap three-day gains on worries over U.S. vote, inflation
By Shreyashi Sanyal and Ankika Biswas (Reuters) -European shares snapped a three-day advance on Wednesday, weighed down by economically sensitive…
Canopy Growth’s quarterly loss narrows as demand, margins improve
By Mrinalika Roy (Reuters) -Pot producer Canopy Growth Corp reported a smaller second-quarter core loss on Wednesday on the back…
Adidas slashes 2022 outlook, investors pin hopes on incoming CEO
By Rachel More BERLIN (Reuters) -Adidas further cut its 2022 outlook on Wednesday as it weighed the impact of its…
Roblox Corp shares fall on wider-than-expected loss
(Reuters) -Roblox Corp reported a larger-than-expected quarterly loss on Wednesday, as the gaming platform spent more on hiring and its…
Chart to buy industrial tool maker Howden for $4.4 billion in clean energy bet
(Reuters) -U.S. manufacturer Chart Industries Inc said on Wednesday it would buy UK-based industrial equipment maker Howden for $4.4 billion,…
Euro zone bond yields fall ahead of US inflation data
By Harry Robertson LONDON (Reuters) -Euro zone bond yields posted their largest one-day fall so far this month on Wednesday…
Oil producer Ithaca shares sink in UK’s largest IPO of 2022
By Emma-Victoria Farr, Shadia Nasralla and Lucy Raitano LONDON (Reuters) – Ithaca Energy made a lacklustre debut in London on…