By Juliette Portala (Reuters) – Over 330 businesses on Wednesday urged world leaders to force large companies to assess and…
Japan says Yellen respects its decision not to disclose any FX intervention
By Tetsushi Kajimoto TOKYO (Reuters) -U.S. Treasury Secretary Janet Yellen respects Japan’s stance of not disclosing whether it had intervened…
Cloud to PCs, Microsoft forecasts spook investors as economy bites
By Tiyashi Datta and Jane Lanhee Lee (Reuters) -Microsoft Corp on Tuesday projected second-quarter revenue below Wall Street targets across…
Bristol Myers Q3 sales fall on Revlimid, forex pressure
(Reuters) – Drugmaker Bristol Myers Squibb said on Tuesday its third-quarter sales fell from last year as generic competition ate…
Alphabet’s miss fans inflation fears across digital advertising
By Sheila Dang and Eva Mathews (Reuters) -Google parent Alphabet Inc’s disappointing ad sales sparked worries across the digital media…
Wall St extends rally on signs of ebbing Fed rate hikes
By Stephen Culp NEW YORK (Reuters) – U.S. stocks closed sharply higher on Tuesday as soft economic data hinted that…
Bill Hwang, Archegos demand end to SEC lawsuit over $36 billion firm’s collapse
By Jonathan Stempel NEW YORK (Reuters) -Bill Hwang, whose Archegos Capital Management LP collapsed suddenly in March 2021, on Tuesday…
Automakers to double spending on EVs, batteries to $1.2 trillion by 2030
By Paul Lienert (Reuters) -The world’s top automakers are planning to spend nearly $1.2 trillion through 2030 to develop and…
Canada’s Ontario ups foreign home buyers speculation tax to 25%
(Reuters) – The Ontario government said on Tuesday it was raising the real estate speculation tax for foreign buyers to…
Mattel cuts profit view as inflation hits Barbie, Fisher-Price demand
By Ananya Mariam Rajesh and Uday Sampath Kumar (Reuters) -Mattel Inc cut its annual profit forecast on Tuesday and said…