By Lucia Mutikani and Jonathan Cable WASHINGTON/LONDON (Reuters) – U.S. business activity contracted for a fifth straight month in November…
Explainer-Russia’s tanker fleet too small to bypass oil price cap
By Noah Browning and Julia Payne LONDON (Reuters) – Russia’s oil tanker fleet is too small to fully circumvent a…
Analysis-In emerging markets, the bulls are back again
By Marc Jones LONDON (Reuters) – After some of the biggest losses in emerging markets on record this year the…
Credit Suisse shareholders approve 4 billion Swiss franc capital raise
(Corrects date in dateline to Nov 23) ZURICH (Reuters) – Credit Suisse shareholders approved on Wednesday a 4 billion Swiss…
UK PMI sticks near 21-month low as orders weaken
By David Milliken LONDON (Reuters) – British economic activity fell at close to its fastest pace in nearly two years…
FTX was run as ‘personal fiefdom,’ faces hacks, missing assets, attorneys say
By Dietrich Knauth, Tom Hals and Tom Wilson NEW YORK/LONDON (Reuters) – FTX was run as a “personal fiefdom” of…
Gucci’s designer Alessandro Michele is stepping down-source
PARIS (Reuters) – Alessandro Michele, the creative director of Kering’s top fashion brand Gucci, is stepping down from the role,…
Italy’s TIM to close offices on Fridays under new work from home policy
MILAN (Reuters) – Telecom Italia (TIM) will keep its offices across Italy closed on Fridays as part of a deal…
Stellantis stores cars in old French airfield amid delivery logjam – sources
By Gilles Guillaume PARIS (Reuters) – Stellantis is using an abandoned airfield in eastern France to store cars that are…
Marketmind: Fearless?
A look at the day ahead in U.S. and global markets from Mike Dolan. As bond markets furiously flag a…