By Noel Randewich (Reuters) – Shares of Meta Platforms, Google-owner Alphabet and other companies that sell digital ads dropped late…
Google fined $162 million by India antitrust watchdog for abuse of Android platform
By Aditya Kalra and Munsif Vengattil NEW DELHI (Reuters) -India’s competition regulator on Thursday ordered Alphabet Inc’s Google to change…
Brazil’s Assai posts 47.8% drop in Q3 net profit
SAO PAULO (Reuters) – Brazilian cash-and-carry chain Assai reported a 47.8% decrease in third-quarter net profit, compared to the same…
Meta refuses to give up on campaign to disqualify FTC chair
By Alison Frankel (Reuters) – Meta Platforms Inc has almost no chance of barring the chair of the U.S. Federal…
Sierra EV joins General Motors’ electric truck family in early 2024
By Paul Lienert (Reuters) – General Motors Co on Thursday unveiled the latest addition to its growing family of full-size…
Morgan Stanley plans preliminary talks for stake sale in German renewable firm PNE
By Christoph Steitz, Andres Gonzalez and Emma-Victoria Farr FRANKFURT/LONDON (Reuters) -Morgan Stanley’s infrastructure investment arm is weighing a sale of…
Mexico refinancing debt to help next government, official says
By Anthony Esposito and Ana Isabel Martinez MEXICO CITY (Reuters) – Mexico’s finance ministry has been tasked with refinancing the…
Deutsche Bank cuts investment banking jobs as M&A deals dry up -source
NEW YORK (Reuters) -Deutsche Bank AG has cut staff in origination and advisory segments of its investment banking unit, according…
FEMSA’s fintech arm eyes 10 million users in Mexico by 2023
By Valentine Hilaire MEXICO CITY (Reuters) – Spin by Oxxo, the financial technology initiative launched by Mexican bottler and retailer…
Amazon faces $1 billion lawsuit in UK for ‘favouring its own products’
LONDON (Reuters) – Amazon.com Inc is facing a lawsuit in Britain for damages of up to 900 million pounds ($1…