By David Shepardson WASHINGTON (Reuters) -The U.S. House of Representatives plans to take up bipartisan legislation next week to establish…
Alphabet cuts 12,000 jobs after pandemic hiring spree, refocuses on AI
By Jeffrey Dastin (Reuters) – Google’s parent Alphabet Inc is cutting about 12,000 jobs as it faces “a different economic…
U.S. accounting watchdog faces lawsuit over its ‘secretive’ disciplinary process
By Douglas Gillison and Chris Prentice (Reuters) – The U.S. accounting watchdog is facing a lawsuit over claims the regulator’s…
Biden, McCarthy to meet on debt limit as Yellen warns of consequences
By Andrea Shalal and Jeff Mason DAKAR/WASHINGTON (Reuters) -Treasury Secretary Janet Yellen on Friday warned that the U.S. government cannot…
GXO CEO sees large M&A opportunities in Canada
By Amy-Jo Crowley LONDON (Reuters) – GXO Logistics, the world’s largest contract logistics provider, is open to sizeable takeover deals…
Here’s what Twitter lost in advertising revenue in final months of 2022
By Jessica DiNapoli and Richa Naidu NEW YORK/LONDON (Reuters) -Top advertisers on Twitter slashed their spending after Elon Musk’s takeover,…
China reopening spurs record inflows into emerging market funds -BofA
LONDON (Reuters) -Investors poured a record $12.7 billion into emerging-market debt and equity funds in the week to Wednesday, in…
Brazilian lender Santander’s Chairman Rial resigns
SAO PAULO (Reuters) – Brazilian lender Santander Brasil SA said on Friday its chairman and former chief executive, Sergio Rial,…
Japan Tobacco urged to sell drug unit by activist shareholder LIM
TOKYO (Reuters) -Japan Tobacco Inc, the cigarette conglomerate one-third owned by the government, is facing a shareholder motion to sell…
Dollar ends up vs yen, as super easy BOJ policy seems here for a while
By Alden Bentley and Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Profit taking dampened a dollar surge against the yen on…