By Shreyashi Sanyal and Ankika Biswas (Reuters) -European shares hit one-week lows on Thursday after the Federal Reserve hinted at…
U.S. crude oil exports to Asia poised to hit record high
By Arathy Somasekhar and Muyu Xu HOUSTON/SINGAPORE (Reuters) – Deliveries of U.S. crude oil to Asia are set to touch…
Wall Street sees little respite to Qualcomm’s smartphone gloom
(Reuters) – Sales at Qualcomm Inc are slowing as the smartphone market heads for its worst contraction in years, and…
Amazon.com to freeze hiring in corporate workforce
(Reuters) – Amazon.com Inc will freeze hiring in its corporate workforce as the e-commerce giant deals with an “unusual macro-economic…
Exclusive-Morgan Stanley to start layoffs in coming weeks as dealmaking slows -sources
By Kane Wu, Scott Murdoch and Julie Zhu HONG KONG (Reuters) – Wall Street major Morgan Stanley is expected to…
Canada to start targeting draws for skilled immigrants next year
By Julie Gordon OTTAWA (Reuters) – Canada will do targeted draws for skilled immigrants for the first time starting next…
ECB’s Centeno says large part of rate hikes already complete
By Sergio Goncalves LISBON (Reuters) -The European Central Bank has already made a large part of the necessary rate hikes…
BoE Bailey says 75 basis points is not the new norm for rate hikes
LONDON (Reuters) – Bank of England Governor Andrew Bailey said the three-quarters-of-a-percentage point increase in interest rates announced by the…
Wealthy families are migrating to the U.S. South and UBS is following them
By Lananh Nguyen NEW YORK (Reuters) – UBS is reshuffling its U.S. wealth leadership to focus on southern states that…
U.S. labor market unwavering despite stiff interest rates hikes
By Lucia Mutikani WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits unexpectedly fell last week,…