By Amruta Khandekar and Bansari Mayur Kamdar (Reuters) -European shares rose on Wednesday, as banks extended gains and upbeat results…
Two equity bankers lose their Morgan Stanley broker licenses – U.S. regulator
By Saeed Azhar and Chris Prentice NEW YORK (Reuters) -Two Morgan Stanley equity syndicate bankers, Pawan Passi and Charles Leisure,…
AMC abandons talks to acquire bankrupt Cineworld’s theaters
(Reuters) -Cinema chain AMC Entertainment Holdings said on Wednesday it was no longer in talks to acquire some theaters owned…
Analysis-Investors count on bonds to rescue battered 60/40 portfolio in 2023
By David Randall NEW YORK (Reuters) – Proponents of the so-called 60-40 portfolio are betting the strategy may soften the…
Hybrid wheat hitting U.S. fields as war, climate threaten global food supplies
By Tom Polansek and Julie Ingwersen CHICAGO (Reuters) – Global seed maker Syngenta will release a new type of wheat…
European Commission clears Germany’s Uniper bailout
PARIS/FRANKFURT (Reuters) -The European Commission said it had approved Germany’s 34.5 billion euro ($36.60 billion) plan to recapitalise German natural…
Israeli startup makes inroads with personal flying vehicle
Beersheva, Israel (Reuters) – An Israeli-made electric vehicle designed to fly commuters on short trips far above streets overcrowded with…
WTO rules against U.S. in Hong Kong labelling dispute
GENEVA (Reuters) -The World Trade Organization found on Wednesday that the United States had violated global trading rules by insisting…
Russian mobile calls, internet seen deteriorating after Nokia, Ericsson leave
By Supantha Mukherjee and Alexander Marrow STOCKHOLM/MOSCOW (Reuters) -When telecoms gear makers Nokia and Ericsson leave Russia at the end…
Tesla to freeze hiring, lay off employees next quarter – Electrek
(Reuters) -Another wave of layoffs are coming at electric-car maker Tesla Inc in the next quarter, news website Electrek reported…