BRUSSELS/FRANKFURT (Reuters) -The European Commission has approved the acquisition of Uniper SE by the German government, it said on Friday,…
Volkswagen investors renew governance gripes despite special dividend
By Victoria Waldersee and Jan Schwartz BERLIN (Reuters) – Volkswagen shareholders renewed their criticism of CEO Oliver Blume’s dual roles…
Mike Ashley’s Frasers buys JD Sports’ premium fashion brands for $58 million
(Reuters) – British retailer Frasers Group said on Friday it has bought shares in premium fashion brands of JD Sports…
EV tax credit complexity pressures deadlines on U.S. Treasury rule-writing
By David Lawder and David Shepardson WASHINGTON (Reuters) – The Biden administration is grappling with a long list of complex…
Ecuador not looking for new agreement with IMF, will maintain ties
GUAYAQUIL (Reuters) – Ecuador has fully financed its budget for next year and is not looking for a new credit…
China agrees to formation of global sovereign debt ’roundtable’ -IMF chief
By Andrea Shalal WASHINGTON (Reuters) -Chinese officials have agreed to participate in a global sovereign debt “roundtable” that would include…
Frugal retail clients prompt Accenture warning on weak consulting business
By Yuvraj Malik -Accenture Plc warned that a pullback in spending from clients who were postponing business improvement projects, especially…
Bank of Montreal raises C$2.6 billion in share sale to boost capital buffer
(Reuters) – Bank of Montreal said it has raised C$2.6 billion ($1.9 billion) by issuing new shares after Canada’s financial…
Fed could hold rates at peak into 2024, Daly signals
(Reuters) -San Francisco Federal Reserve Bank President Mary Daly on Friday said it’s a “reasonable” to think that once the…
ECB rate hikes help Russia by damaging EU economy, Italy minister says
By Angelo Amante and Crispian Balmer ROME (Reuters) – The European Central Bank’s interest rate policy is damaging Europe’s economy…