By Stephanie Kelly NEW YORK (Reuters) – U.S. crude stocks rose as domestic oil production gained, while gasoline and distillate…
Toronto stocks slide as weak earnings weigh
By Shashwat Chauhan (Reuters) -Canada’s main stock index fell on Wednesday, with energy and technology stocks leading the decline, as…
Surprisingly close US midterm tallies keep investors on edge
New York (Reuters) – Investors on Wednesday are grappling with an unclear outcome in the U.S. midterm elections, as a…
Michael Kors-owner Capri cuts holiday forecasts as China recovery stalls
By Uday Sampath Kumar (Reuters) -Michael Kors-owner Capri Holdings Ltd on Wednesday lowered its sales and profit forecasts for the…
Germany must ask high earners to help with energy relief – economic council
BERLIN (Reuters) -Germany must tighten its energy-relief measures in the face of soaring inflation, ensuring only households and businesses that…
Galaxy Digital to cut majority exposure to crypto exchange FTX
(Reuters) -Crypto financial services company Galaxy Digital Holdings Ltd said on Wednesday it was looking to cut nearly 62% of…
Citigroup to buy banking license from Deutsche Bank in Mexico for wholesale unit
NEW YORK (Reuters) – Citigroup Inc said on Tuesday it would purchase Deutsche Bank’s Mexican banking license in order to…
Fed terminal rate to reach just under 5%, said bond strategists – Reuters poll
BENGALURU (Reuters) – Sovereign bond yields are likely to remain elevated in the near term and be at higher levels…
U.S. wholesale inventories revised lower in September
WASHINGTON (Reuters) – U.S. wholesale inventories increased less than initially thought in September amid decreases in stocks of petroleum and…
U.S. court rejects requests to block Albertsons’ dividend payout
(Reuters) – A U.S. federal court on Tuesday denied requests to temporarily block Albertsons Companies Inc’s $4 billion dividend payment…