By Foo Yun Chee BRUSSELS (Reuters) – U.S. chipmaker Broadcom is set to face a setback in its $61 billion…
Stocks fall, yields rise as inflation data sends mixed signals
By Herbert Lash and Carolyn Cohn NEW YORK/LONDON (Reuters) -Treasury yields rose and Wall Street stocks fell on Friday after…
Stellantis to indefinitely idle Illinois plant, cites EV costs
By David Shepardson and Ben Klayman WASHINGTON/DETROIT (Reuters) -Chrysler parent Stellantis on Friday said it will indefinitely halt operations at…
Oil drops in volatile trade, records biggest weekly slump in months
By Shariq Khan (Reuters) -Oil price settled lower in volatile trading on Friday, with both benchmarks recording their biggest weekly…
Ex-JPMorgan, Credit Suisse trader convicted at U.S. spoofing trial
(Reuters) – A former trader at JPMorgan Chase & Co and Credit Suisse was convicted of fraud in U.S. court…
Dollar edges up against euro after U.S. inflation data
By John McCrank and Saqib Iqbal Ahmed NEW YORK (Reuters) -The dollar edged higher against the euro on Friday after…
Big Oil does little to act on climate despite vows -U.S. House panel
By Timothy Gardner WASHINGTON (Reuters) -Major energy companies are not doing enough to prevent the worst effects of climate change…
Ericsson and Apple end patent-related legal row with licence deal
STOCKHOLM (Reuters) -Ericsson said on Friday it had struck a global patent licence agreement with Apple, ending a row over…
China urges U.S. to respect WTO panel ruling – statement
GENEVA (Reuters) – China urged the United States to respect a World Trade Organization ruling on Friday which found that…
Thales-Hitachi rail signal deal delayed as UK raises competition concerns
(Reuters) – Britain’s competition watchdog is concerned Japan’s Hitachi acquisition of France’s Thales railway signalling business may result in higher…