By Sruthi Shankar and Amruta Khandekar (Reuters) -European stocks climbed on Monday, with technology firms spearheading gains, as optimism about…
EU gas price cap risks curbing market liquidity, regulators warn
By Kate Abnett BRUSSELS/AMSTERDAM (Reuters) -The European Union’s gas price cap, which launches next month, could impact financial stability and…
Italy’s Enel X partners with Toyota on electric mobility
ROME (Reuters) – Enel X Way, the e-mobility division of Italy’s biggest utility Enel, will make available its domestic and…
U.S. Supreme Court spurns attorney-client privilege fight in crypto tax probe
By Nate Raymond (Reuters) – The U.S. Supreme Court on Monday threw out a case about the scope of attorney-client…
U.S. Treasury emphasizes IRS customer service as tax seasons begins
By David Lawder WASHINGTON (Reuters) -The U.S. Internal Revenue Service kicked off the 2023 income tax filing season on Monday…
Pakistan cenbank raises key rate to rein in high inflation
By Gibran Naiyyar Peshimam and Asif Shahzad KARACHI, Pakistan (Reuters) – Pakistan’s central bank on Monday raised its key interest…
Nigeria tax receipts rise 56% in 2022 – revenue service
ABUJA (Reuters) – Nigeria’s tax receipts rose 56% in 2022 to 10 trillion naira ($22 billion), its highest collection on…
Microsoft to invest more in OpenAI as tech race heats up
By Jeffrey Dastin (Reuters) -Microsoft Corp on Monday announced a further multibillion dollar investment in OpenAI, deepening ties with the…
Spotify to trim 6% of workforce in latest tech layoffs
(Reuters) -Spotify Technology SA said on Monday it plans to cut 6% of its workforce and would take a related…
U.S. leading indicators index falls for 10th straight month
(Reuters) – A gauge of future U.S. economic activity tumbled for a 10th straight month in December with a widespread…