By Virginia Furness LONDON (Reuters) – Morgan Stanley Investment Management said on Monday it had launched a new $1 billion…
‘Krunchy Dream’ welcomes Russian customers after Krispy Kreme exit
MOSCOW (Reuters) – Russians craving a doughnut fix can now visit ‘Krunchy Dream’, a string of new cafes opening where…
Fed’s Daly: Currently expect fed funds rate to top out around 5%
NEW YORK (Reuters) – Federal Reserve Bank of San Francisco leader Mary Daly said on Monday she is still expecting…
NBA champion Golden State Warriors are sued over FTX collapse
(Reuters) -The Golden State Warriors were sued on Monday by an FTX customer who accused the reigning National Basketball Association…
U.S. Supreme Court spurns challenge to Seattle’s hotel worker insurance mandate
By Daniel Wiessner (Reuters) -The U.S. Supreme Court on Monday turned away a challenge to a 2018 Seattle law requiring…
Italy’s Cucinelli and EssilorLuxottica sign eyewear license accord
MILAN (Reuters) – Brunello Cucinelli signed an exclusive license deal with French-Italian glasses maker EssilorLuxottica for the design, manufacture and…
Russian firms cut forex loans, exposure in Oct -central bank
MOSCOW (Reuters) – Russian companies reduced their foreign currency loans by $7.4 billion last month and have also cut forex…
Saudi denies oil output hike discussion, says OPEC+ may cut if needed
(Reuters) -Saudi Arabia on Monday said that OPEC+ was sticking with oil output cuts and could take further measures to…
Activist investor asks News Corp to spin off unit instead of merger with Fox
(Reuters) – Activist investor Irenic Capital Management, which holds 2% of News Corp’s Class B shares, has suggested a spin-off…
ECB’s Centeno sees possibility of rate hike smaller than 75 bps
LISBON (Reuters) -The next increase in interest rates by the European Central Bank could be smaller than the record 75…