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…
Fortum concludes sale of Uniper to German government
HELSINKI (Reuters) – Finland’s Fortum said on Wednesday it had concluded the sale of its stake in utility Uniper to…
Nike shares surge as inventory challenges start to abate, demand stays strong
(Reuters) -Nike Inc’s shares soared nearly 15% on Wednesday as investors shrugged off margin pressure at the sportswear giant and…
U.S. current account deficit shrinks in third quarter
WASHINGTON (Reuters) – The U.S. current account deficit narrowed sharply in the third quarter as exports jumped to a record…