By Sinéad Carew and Huw Jones NEW YORK/LONDON (Reuters) – The S&P 500 closed up more than 1% while U.S.…
German cartel office issues objections to Google data processing
BERLIN (Reuters) – Germany’s cartel office regulator said on Wednesday it had issued objections against Google’s data processing terms and…
Universal Music CEO Grainge decries spam music on streaming platforms
AMSTERDAM (Reuters) – Universal Music Group CEO Lucian Grainge on Wednesday lamented the increasing use of short, low-quality music clips…
Exclusive-Illumina to face EU fine of 10% of turnover over Grail deal -sources
By Foo Yun Chee BRUSSELS (Reuters) – U.S. life sciences company Illumina is likely to face a fine of 10%…
ECB will keep raising rates ‘significantly’ at sustained pace, De Cos says
By Jesús Aguado MADRID (Reuters) -The European Central Bank expects to continue raising interest rates “significantly” at future meetings, at…
Oil gains 3% on global economic optimism, despite surprise U.S. crude build
By Scott DiSavino NEW YORK (Reuters) -Oil prices rose 3% to a one-week high on Wednesday as hopes for an…
Euro ekes out 7-month high against dollar ahead of U.S. inflation data
By John McCrank NEW YORK (Reuters) -The euro briefly hit a seven-month high against the dollar on Wednesday but held…
Top Credit Suisse shareholder cuts stake
FRANKFURT (Reuters) – One of Credit Suisse’s large shareholders, Harris Associates, has reduced its stake in the bank by roughly…
Biden’s climate agenda has a problem: Not enough workers
By Nichola Groom and Valerie Volcovici (Reuters) -U.S. clean energy companies are offering better wages and benefits, flying in trainers…
Freeport LNG may extend Texas plant restart to February- sources
By Marwa Rashad and Julia Payne LONDON (Reuters) – Top U.S. gas exporter, Freeport LNG, is expected to further extend…