By Fergal Smith (Reuters) -Canada’s main stock index ended down on Wednesday as industrial shares fell, but the index closed…
Natural disasters caused $313 billion economic loss in 2022 – Aon
(Reuters) – Natural disasters, many driven by climate change, caused global economic losses of $313 billion in 2022, insurance broker…
Marketmind: Gloomy economic signals
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. South Korea and…
Google says U.S. Justice Department complaint is ‘without merit’
(Reuters) – Alphabet Inc’s Google said on Wednesday it believes the complaint from the U.S. Department of Justice accusing the…
S&P 500 closes slightly red as weak corporate guidance fuels recession fears
By Stephen Culp NEW YORK (Reuters) – The S&P 500 ended nominally lower on Wednesday as a string of corporate…
Kohl’s close to naming Tom Kingsbury as permanent CEO – NYT
(Reuters) – Department store chain Kohl’s Corp is in late-stage talks to name Tom Kingsbury as its permanent chief executive,…
IBM to cut 3,900 jobs – Bloomberg News
(Reuters) – International Business Machines Corp will cut 3,900 roles, or about 1.5% of its global workforce, its chief financial…
Hindenburg shorts India’s Adani citing debt, accounting concerns; shares plunge
By Chris Thomas and Aditya Kalra BENGALURU (Reuters) – Hindenburg Research said it held short positions in India’s Adani Group,…
Oil prices steady after smaller-than-expected U.S. crude build
By Shariq Khan BENGALURU (Reuters) -Oil prices settled largely unchanged on Wednesday after government data showed a smaller-than-anticipated build in…
Factbox-The U.S. Treasury’s tools to avoid breaching debt limit
WASHINGTON (Reuters) – As a battle between Republicans and Democrats over raising the federal debt ceiling unfolds, the U.S. Treasury…