By Iain Withers and Lawrence White LONDON (Reuters) -British banks are bracing for a potential tax hit to their profits…
Russia’s partial mobilisation harms consumer, business confidence – cenbank analysts
MOSCOW (Reuters) – Russia’s partial mobilisation is having a negative impact on consumer and entrepreneurial confidence, while also posing new…
Canada’s inflation beat boosts chances of 75 bps rate hike
By Julie Gordon OTTAWA (Reuters) – Canada’s annual inflation rate edged down but exceeded forecasts in September while underlying price…
Amazon, NY attorney general call off COVID-19 litigation
By Jeffrey Dastin (Reuters) – Amazon.com Inc and New York state’s attorney general on Wednesday agreed to halt litigation against…
JPMorgan launches fundraising platform to lure startups
By Krystal Hu (Reuters) – JPMorgan Chase & Co is launching a platform that aims to connect startup founders with…
Analysis-Goldman Sachs’ consumer pivot solves one question, but makeover raises more
By Lananh Nguyen and Saeed Azhar NEW YORK (Reuters) – Goldman Sachs Group Inc’s strategy pivot has solved one problem…
Investor Elliott takes stake in Germany’s Fresenius – source
FRANKFURT (Reuters) -Elliott Investment Management has taken a stake in Fresenius SE, a person familiar with the matter told Reuters…
Abbott’s weak medical device sales, China impact drag shares down nearly 7%
(Reuters) – Abbott Laboratories on Wednesday reported lower-than-expected growth in international medical device sales, hit by a strong dollar and…
Italy budget watchdog sees GDP shrinking by 0.2% in third quarter
ROME (Reuters) – The Italian economy is set to shrink by 0.2% in the third quarter of the year, the…
U.S. stocks price in recession risk more than other assets, says Citi
(Reuters) – U.S. equities have priced in the most recession risk compared with other assets, Citigroup researchers said, warning that…