By Medha Singh and Lisa Pauline Mattackal (Reuters) – The world of stablecoins is suddenly looking shaky. Seismic shifts may…
Dollar clings to modest gains as strong U.S. data lends support
By Laura Matthews NEW YORK (Reuters) – The dollar held on to modest gains against its peers on Tuesday, supported…
Germany’s Fresenius to simplify structure, flags potential profit fall
By Ludwig Burger FRANKFURT (Reuters) -German healthcare group Fresenius SE will slash costs and proceed with plans to cede strategic…
Feuding law firms in Facebook antitrust case told to make peace
By Mike Scarcella (Reuters) – A U.S. judge on Tuesday appointed two prominent U.S. law firms as co-leaders of consumer…
AT&T seeks to shed cybersecurity division -sources
By Milana Vinn NEW YORK (Reuters) – AT&T Inc, the second-biggest U.S. wireless carrier, is exploring a sale of its…
ChatGPT launches boom in AI-written e-books on Amazon
By Greg Bensinger SAN FRANCISCO (Reuters) – Until recently, Brett Schickler never imagined he could be a published author, though…
Oil falls more than 1% as growth fears offset China demand hopes
By Stephanie Kelly NEW YORK (Reuters) -Brent crude oil slipped more than 1% in a volatile session on Tuesday as…
HSBC cuts staff bonus pool, lifts CEO Quinn’s total pay
By Lawrence White and Iain Withers LONDON (Reuters) – HSBC cut its annual bonus pool by 4% to $3.4 billion…
Walmart sees lower 2023 performance in time of economic uncertainty
By Siddharth Cavale (Reuters) – Walmart Inc struck a cautious note in its economic outlook for 2023 on Tuesday as…
Treasury’s Adeyemo: U.S., allies plan more Russia sanctions in ‘coming days’
By Andrea Shalal WASHINGTON (Reuters) -The United States and its allies will impose new sanctions and export controls in “coming…