(Reuters) – Citigroup Inc on Thursday named Hamza Girach and Rizwan Shaikh as co-heads of emerging markets at its banking,…
Tesla shares tumble, on track for worst month ever
By Noel Randewich (Reuters) – Tesla Inc shares are on track for their worst month ever as a sell-off deepened…
Guggenheim Partners chief investment officer Minerd dies at 63
By Niket Nishant and Davide Barbuscia (Reuters) – Scott Minerd, global chief investment officer at investment and advisory firm Guggenheim…
Canadian watchdog yet to decide on Roger-Shaw merger, to give notice ahead of decision
(Reuters) -Canada’s competition tribunal said on Thursday it had not arrived at a decision regarding the C$20 billion ($14.7 billion)…
Banker bonuses go from boom to bust in jarring reversal
By Lananh Nguyen, Saeed Azhar and Lawrence White NEW YORK/LONDON (Reuters) -Bankers in New York and London are bracing for…
CarMax results hit by ‘used-vehicle recession’; buyback paused
By Kannaki Deka (Reuters) -Used-car retailer CarMax Inc said on Thursday it was pausing some hiring, halting share buybacks and…
Low weekly jobless claims underscore U.S. labor market tightness; Q3 growth revised up
By Lucia Mutikani WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits increased less than expected…
European shares fall as festive cheer fades on rate hike worries
By Amruta Khandekar and Bansari Mayur Kamdar (Reuters) -European shares reversed early gains on Thursday, as hopes of easing inflation…
U.S. baby formula shortage leads to boom in advertisements
By Jessica DiNapoli NEW YORK (Reuters) – It’s not your imagination if you feel like you’re seeing more ads for…
Volatile rouble recovers from near 8-month low
By Alexander Marrow MOSCOW (Reuters) -The rouble clawed back some of this week’s hefty losses after sinking to a near…