FRANKFURT (Reuters) – German insurer and asset manager Allianz will halt its paid advertising on Twitter for now, a spokesperson…
European shares at seven-week peak as travel stocks shine
By Shreyashi Sanyal and Ankika Biswas (Reuters) -European shares closed on Monday at a more than seven-week high as a…
Factbox-Corporate America leans on job cuts as recession fears mount
(Reuters) – Corporate America is cutting thousands of jobs to rein in costs amid tightening monetary policy and growing fears…
Canada’s Ritchie Bros to buy salvage vehicle platform IAA in $7.3 billion deal
By Kannaki Deka (Reuters) -Canadian equipment marketplace Ritchie Bros Auctioneers Inc said on Monday it would buy U.S.-based IAA Inc…
Gilead, Kite in process of pausing Twitter advertising
(Reuters) – Gilead Sciences Inc said on Monday the company and its unit Kite were in the “process of pausing…
India’s Paytm posts rise in quarterly revenue as loan growth jumps
BENGALURU (Reuters) – Indian digital payments firm Paytm reported a 76% jump in second-quarter revenue, helped in part by a…
Bank of Canada focus on more timely inflation data lowers overshoot risk
By Fergal Smith TORONTO (Reuters) – As the Bank of Canada considers raising interest rates at a slower pace, it…
China’s Geely truck unit Farizon targets Europe with electric cargo van
By Norihiko Shirouzu BEIJING (Reuters) – China’s Farizon, a new-energy truck maker owned by automaker Geely, aims step up expansion…
Mexican carrier Aeromexico expands routes to Europe, Asia
MEXICO CITY (Reuters) – Mexican airline Aeromexico is expanding its flights to Europe and reestablishing a route to Asia, the…
U.S. Supreme Court rejects Bristol Myers cancer-drug patent fight with Gilead
By Blake Brittain WASHINGTON (Reuters) -The U.S. Supreme Court on Monday rebuffed a bid by Bristol Myers Squibb Co’s Juno…