By Saqib Iqbal Ahmed NEW YORK (Reuters) – The dollar edged higher against the euro on Thursday after data showed…
Oil settles up 2% on strong U.S. data, China reopening
By Scott DiSavino NEW YORK (Reuters) – Oil prices rose about 2% on Thursday on expectations that global demand will…
Industry body clarifies what happens when crypto derivatives crash
By Huw Jones LONDON (Reuters) – An industry body set out a global framework on Thursday for trading derivatives linked…
Sony’s gaming chief met EU’s Vestager on Microsoft’s Activision deal -source
By Foo Yun Chee BRUSSELS (Reuters) – Sony’s gaming chief Jim Ryan met EU antitrust chief Margrethe Vestager on Wednesday…
LVMH’s Arnault brushes off succession question
PARIS (Reuters) – Bernard Arnault, the boss of luxury giant LVMH and the world’s richest man, brushed away questions about…
BetMGM expects to become profitable in second half of 2023
By Radhika Anilkumar (Reuters) – U.S. sports-betting platform BetMGM expects to turn profitable in the second half of 2023 after…
China’s luxury shoppers free to travel, but many buy locally
By Alessandro Diviggiano SANYA, China (Reuters) – China’s scrapping of travel curbs this month is expected to revive demand in…
For automakers, the EV surge is everything everywhere all at once
By Joseph White DETROIT (Reuters) – The surprise leadership shuffle on Thursday at Toyota Motor Corp, renewed urgency at Renault…
Earnings optimism helps European shares snap two-day dip
By Ankika Biswas and Amruta Khandekar (Reuters) – European shares rose on Thursday as upbeat results eased some worries about…
GAM expects a net loss of around $336 million for 2022
ZURICH (Reuters) -GAM expects to report a net loss after tax of approximately 309.9 million Swiss francs ($335.83 million) for…