AMSTERDAM (Reuters) – Universal Music Group CEO Lucian Grainge on Wednesday lamented the increasing use of short, low-quality music clips…
Google argues it doesn’t block rivals in bid to kill U.S. government antitrust lawsuit
By Diane Bartz WASHINGTON (Reuters) -Google parent Alphabet on Wednesday argued that a court should toss out a government antitrust…
Exclusive-Illumina to face EU fine of 10% of turnover over Grail deal -sources
By Foo Yun Chee BRUSSELS (Reuters) – U.S. life sciences company Illumina is likely to face a fine of 10%…
Twitter says no evidence new user data leaks were obtained via system bug
(Reuters) – Twitter Inc said on Wednesday that there was no evidence that data recently being sold online was obtained…
ECB will keep raising rates ‘significantly’ at sustained pace, De Cos says
By Jesús Aguado MADRID (Reuters) -The European Central Bank expects to continue raising interest rates “significantly” at future meetings, at…
New York Times’ Rebecca Blumenstein to join NBC News in news shakeup
By Helen Coster and Eva Mathews (Reuters) -NBC News appointed New York Times Deputy Managing Editor Rebecca Blumenstein to a…
Oil gains 3% on global economic optimism, despite surprise U.S. crude build
By Scott DiSavino NEW YORK (Reuters) -Oil prices rose 3% to a one-week high on Wednesday as hopes for an…
Citigroup to launch search for new wealth management chief – WSJ
(Reuters) – Citigroup Inc will launch a search for a new head for its wealth management business, the Wall Street…
Failed crypto exchange FTX has recovered over $5 billion, attorney says
By Dietrich Knauth and Tom Hals NEW YORK/WILMINGTON, Del. (Reuters) -Crypto exchange FTX has recovered more than $5 billion in…
Euro ekes out 7-month high against dollar ahead of U.S. inflation data
By John McCrank NEW YORK (Reuters) -The euro briefly hit a seven-month high against the dollar on Wednesday but held…