By Dawn Chmielewski and Byron Kaye (Reuters) – Rupert Murdoch’s proposal to recombine News Corp and Fox Corp and capitalize…
European shares lose steam on caution ahead of Fed move
By Shreyashi Sanyal and Ankika Biswas (Reuters) -European shares gave up early gains and closed lower on Wednesday as investors…
Peloton results to offer clues on impact of turnaround plan
By Kannaki Deka (Reuters) – Peloton Inc’s efforts to get its operations back in shape should help it slow cash…
New GSK maintains strong start, but Zantac litigation looms large
By Natalie Grover (Reuters) -GSK raised its 2022 forecast for the second time this year, after third-quarter earnings and sales…
Defying gloom, Ferrari sees strong demand for luxury cars
By Giulio Piovaccari and Keith Weir MILAN (Reuters) -Ferrari said it was confident about its prospects for this year and…
Russian September airline traffic down 20% under effect of sanctions
MOSCOW (Reuters) – Passenger numbers on Russian airlines were down 20% in September from last year, as the impact of…
Russian weekly consumer prices edged up in week of central bank rate hold
MOSCOW (Reuters) -Weekly consumer prices in Russia rose marginally for the sixth week running, data published on Wednesday showed, vindicating…
Britain to go it alone for now on reining in ‘shadow banking’
By Huw Jones LONDON (Reuters) – Britain, rattled by the recent near meltdown of some pension funds, is pressing ahead…
DuPont scraps $5.2 billion Rogers buyout due to China hurdles
(Reuters) – Chemicals maker DuPont De Nemours Inc said on Tuesday it was ending its $5.2 billion buyout of Rogers…
Russian retail sales fall deeper, jobless rate rises in Sept – data
MOSCOW (Reuters) – Russian retail sales fell deeper and the jobless rate slightly increased in September, official data from the…