By Fergal Smith TORONTO (Reuters) – The Canadian dollar weakened against its U.S. counterpart on Wednesday, pulling back from a…
Oil prices plunge 3% on U.S. inventory build, China COVID worries
By Laila Kearney NEW YORK (Reuters) – Oil prices sank by roughly $3 a barrel on Wednesday after industry data…
Binance likely to walk away from FTX deal-WSJ
(Reuters) -Cryptocurrency exchange Binance is likely to walk away from a deal to buy embattled rival FTX, the Wall Street…
Dollar higher as investors look past U.S. midterms to inflation data
By Saqib Iqbal Ahmed NEW YORK (Reuters) – The dollar advanced against most major currencies on Wednesday, as results so…
Exclusive-EU countries, lawmakers likely to clinch deal next week on satellite internet system, sources say
By Foo Yun Chee BRUSSELS (Reuters) – EU countries and European Parliament lawmakers are likely to reach a deal on…
Nissan to trim production at U.S. plant over chips shortage
(Reuters) – Nissan Motor Co’s U.S. arm said Wednesday that supply chain issues will force it to trim production this…
Refiner Phillips 66 to boost investor returns by up to $12 billion
By Arunima Kumar (Reuters) – Refiner Phillips 66 said on Wednesday it plans to return up to $12 billion more…
Private equity firm TPG reports 60% drop in earnings as asset sales plummet
By Chibuike Oguh NEW YORK (Reuters) -Private equity firm TPG Inc said on Wednesday its after-tax quarterly distributable earnings fell…
Winter power resources may be tight in parts of North America, NERC says
(Reuters) – The organization responsible for the reliability of the U.S. and Canadian power grids said on Wednesday that generation…
Fed’s Williams flags relative stability of longer run inflation expectations
By Michael S. Derby (Reuters) -Federal Reserve Bank of New York President John Williams welcomed the relative stability of longer-term…