By Laila Kearney NEW YORK (Reuters) -Oil prices settled lower on Thursday as U.S. industrial-linked factory orders dipped, while the…
Peltz’s Trian seeks to rally Disney shareholders against board director Froman
By Svea Herbst-Bayliss NEW YORK (Reuters) -Activist investor Nelson Peltz’s hedge fund Trian Fund Management wrote to Walt Disney Co…
OECD offers final guidance for global minimum corporate tax
PARIS (Reuters) – The Organisation for Economic Cooperation and Development detailed on Thursday the final guidance for governments on how…
Euro, sterling dip as investors assess rate outlook
By Karen Brettell NEW YORK (Reuters) – The euro dipped against the dollar on Thursday after the European Central Bank…
Democratic senator urges Apple, Google to kick TikTok out of app stores
WASHINGTON (Reuters) – TikTok, owned by China’s ByteDance, should be removed from app stores run by Apple Inc and Alphabet’s…
Lazard profit drops on M&A slowdown but outlook improves; shares climb
NEW YORK (Reuters) – Investment bank Lazard Ltd reported an 80% decline in fourth-quarter profit on Thursday as dealmaking slumped,…
Explainer-The Fed says disinflation is welcome. What is that, exactly?
By Ann Saphir WASHINGTON (Reuters) – Financial markets this week latched on to what U.S. Federal Reserve Chair Jerome Powell…
Keppel profit slumps on China lockdown, real estate woes; sees green shoots
By Roushni Nair and Sameer Manekar (Reuters) – Singapore’s Keppel Corp posted a steeper-than-expected drop in annual profit on Thursday…
Bridgewater names Karen Karniol-Tambour as third co-CIO
(Reuters) – Bridgewater Associates, the hedge fund founded by billionaire Ray Dalio, is naming Karen Karniol-Tambour as its third co-chief…
U.S. refiners throttle back Q1 output after record 2022 runs
By Erwin Seba HOUSTON (Reuters) – U.S. oil refiners are dialing back operating runs this quarter after sky-high utilization rates…