By Victoria Waldersee and Jan Schwartz BERLIN (Reuters) – Volkswagen shareholders renewed their criticism of CEO Oliver Blume’s dual roles…
Mike Ashley’s Frasers buys JD Sports’ premium fashion brands for $58 million
(Reuters) – British retailer Frasers Group said on Friday it has bought shares in premium fashion brands of JD Sports…
EV tax credit complexity pressures deadlines on U.S. Treasury rule-writing
By David Lawder and David Shepardson WASHINGTON (Reuters) – The Biden administration is grappling with a long list of complex…
Ecuador not looking for new agreement with IMF, will maintain ties
GUAYAQUIL (Reuters) – Ecuador has fully financed its budget for next year and is not looking for a new credit…
China agrees to formation of global sovereign debt ’roundtable’ -IMF chief
By Andrea Shalal WASHINGTON (Reuters) -Chinese officials have agreed to participate in a global sovereign debt “roundtable” that would include…
Frugal retail clients prompt Accenture warning on weak consulting business
By Yuvraj Malik -Accenture Plc warned that a pullback in spending from clients who were postponing business improvement projects, especially…
Bank of Montreal raises C$2.6 billion in share sale to boost capital buffer
(Reuters) – Bank of Montreal said it has raised C$2.6 billion ($1.9 billion) by issuing new shares after Canada’s financial…
Fed could hold rates at peak into 2024, Daly signals
(Reuters) -San Francisco Federal Reserve Bank President Mary Daly on Friday said it’s a “reasonable” to think that once the…
ECB rate hikes help Russia by damaging EU economy, Italy minister says
By Angelo Amante and Crispian Balmer ROME (Reuters) – The European Central Bank’s interest rate policy is damaging Europe’s economy…
U.S. begins buying back oil for strategic petroleum reserve -official
WASHINGTON (Reuters) -The U.S. Energy Department said on Friday it will begin buying back oil for the Strategic Petroleum Reserve,…