By David Shepardson WASHINGTON (Reuters) -Chrysler-parent Stellantis on Thursday urged owners of 276,000 older U.S. vehicles to immediately stop driving…
UK considers cutting tax-free dividend allowance, increasing capital gains tax -media
LONDON (Reuters) -Britain’s government is considering cutting the tax-free allowance for dividend income, Bloomberg reported on Thursday, before a Nov.…
Canada lays out cash but limits largesse on inflation fears
By Julie Gordon and Steve Scherer OTTAWA (Reuters) -Canada’s government on Thursday set out billions in new spending to support…
Wall St down for fourth straight day on Fed rate hike worry
By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stocks closed lower for a fourth consecutive session on Thursday as economic…
Bank of England’s Mann says inflation drivers still strong
LONDON (Reuters) – Britain is still facing strong domestic drivers of inflation on top of the impact of surging international…
Distressed credit to lure more hedge fund investors next year -BNP survey
By Davide Barbuscia NEW YORK (Reuters) – Global investors will ramp up allocations to distressed credit hedge funds next year,…
Morgan Stanley says it is engaged with UK regulator on anti-competition probe
NEW YORK (Reuters) – Morgan Stanley said on Thursday it is engaging with the UK Competition and Markets Authority’s probe…
Top Republican senator says Fed should not buy bonds to remedy market stress
By Michael S. Derby (Reuters) – A top Republican senator wrote to the Federal Reserve on Thursday and cautioned the…
Goldman Sachs cuts credit exposure to Russia
(Reuters) -Goldman Sachs Group Inc said on Thursday it reduced its credit exposure to Russia by 9% to $205 million…
Canada to set up tax credits for clean tech, launch growth fund
By Steve Scherer OTTAWA (Reuters) – Canada will introduce tax credits for clean technologies worth up to 30% of investment…