By Bansari Mayur Kamdar and Shreyashi Sanyal (Reuters) -European shares advanced on Wednesday, buoyed by hopes of less aggressive interest…
Factbox-Activist investor Bluebell’s offensive against European giants heats up
(Reuters) – Activist hedge fund Bluebell Capital Partners shows no sign of halting its run of challenging the policies and…
HSBC expects Fed’s final rate hike on Feb. 1, cuts next year
NEW YORK (Reuters) – The Federal Reserve will likely hike its target interest rate for the last time at its…
Explainer-Why U.S. flights were grounded by a FAA system outage
(Reuters) – The Federal Aviation Administration (FAA) allowed some flights to resume after an outage of the system that alerts…
Congo beer factory a beacon in region rocked by rebels
By Erikas Mwisi Kambale BENI, Democratic Republic of Congo (Reuters) – Bottles of beer zip along a conveyor belt in…
World Bank warns global economy could tip into recession in 2023
(This Jan. 10 story has been corrected to show the euro zone 2023 GDP forecast as flat, not 0.5% growth)…
Audi Mexico and union avert strike in deal for 9.4% pay rise
MEXICO CITY (Reuters) – Carmaker Audi’s Mexico unit and worker representatives have agreed to 9.4% salary raises for 2023, forestalling…
Russia’s Aeroflot bought 10 Boeing 777 from Russian bank VEB – sources
(Reuters) – An Irish lessor that sold 10 Boeing 777-300ER aircraft to Russia’s flagship carrier Aeroflot last year was a…
BNP Paribas to open new office in Miami in fourth quarter
NEW YORK (Reuters) – BNP Paribas Securities Corp, a unit of BNP Paribas, said on Wednesday it plans to open…
French unions gear up for fight against delayed retirement
By Noemie Olive and Ingrid Melander PARIS (Reuters) – French unions and opposition parties on Wednesday said they would fight…