By Mimosa Spencer PARIS (Reuters) -Birkin bag maker Hermes flagged plans to hike prices by 5% to 10% in 2023…
Union Pacific confident of labor deal ratification; flags possibility of strike
By Abhijith Ganapavaram (Reuters) – U.S. railroad Union Pacific Corp’s chief executive expressed confidence on workers agreeing to a new…
Banking agencies to provide guidance on crypto after better understanding risks- FDIC head
By Hannah Lang (Reuters) -Banking regulators expect to provide industry guidance to financial institutions on crypto-related activities once agencies better…
Dow beats Q3 estimates, plans $1 billion in cost cuts as energy prices rise
By Ruhi Soni (Reuters) -Chemicals giant Dow Inc on Thursday beat third-quarter profit estimates and outlined plans to cut costs…
Russian business climate worsened in Oct -central bank
MOSCOW (Reuters) – Russia’s central bank said on Thursday that its business climate index slid into negative territory in October,…
Instagram to make it easier to avoid trolls
(Reuters) – Instagram will enhance features that help users block the accounts of abusers and trolls on the social media…
Hedge funds see $26 billion in net outflows in Q3 – HFR
NEW YORK (Reuters) – Global investors redeemed $26 billion from hedge funds in the third quarter, in the second consecutive…
Meta oversight board can now apply warning screens on content
(Reuters) – Meta Platforms Inc’s independent oversight board said on Thursday that starting this month it can decide on applying…
Philip Morris sweetens offer for Swedish Match, calls it ‘best and final’
By Akriti Sharma and Marie Mannes (Reuters) -Marlboro maker Philip Morris International Inc on Thursday raised its buyout bid for…
Russia to launch Moskvich car production at former Renault plant in December
MOSCOW (Reuters) – Russia plans to start production of the Soviet-era Moskvich cars in December, Moscow Mayor Sergei Sobyanin said…