By Pratima Desai LONDON (Reuters) -Britain’s financial watchdog is blocking the restart of London Metal Exchange nickel trade in Asian…
Stocks rally, bond yields fall with bets on easing U.S. inflation
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…