By Ankika Biswas, Bansari Mayur Kamdar and Sruthi Shankar (Reuters) -European shares recorded their worst single-day selloff of the year…
Davos 2023: What you need to know about the WEF on Thursday
By Kathryn Lurie DAVOS, Switzerland (Reuters) – All eyes were on Greta Thunberg on Thursday as she called on the…
Britain’s Asda and Morrisons settle London lawsuit against Mastercard
LONDON (Reuters) -British supermarket chains Asda and Morrisons have settled a multi-million pound lawsuit against Mastercard over fees charged to…
Nissan-Renault deal on alliance could come as early as Feb. 1 – source
PARIS (Reuters) – A deal between French carmaker Renault and Japanese partner Nissan could be announced as early as Feb.…
Richemont, Burberry optimistic about China luxury sales
By Paul Sandle and John Revill LONDON/ZURICH (Reuters) – Burberry said it was optimistic consumers in China would start spending…
Davos 2023: Global trade rethink: ‘race of the big pockets’?
By Mark John DAVOS, Switzerland (Reuters) – The United States pitched its vision of “worker-centric” trade. China promised an “all-round…
ITA-Lufthansa deal sparks further airline merger talk
By Joanna Plucinska and Ilona Wissenbach DUBLIN (Reuters) – German airline Lufthansa’s bid for a minority stake in Italy’s ITA…
Crypto lender Genesis preparing to file for bankruptcy – Bloomberg News
(Reuters) – Cryptocurrency lender Genesis Global Capital is planning to file for bankruptcy as soon as this week, Bloomberg News…
UniCredit CEO says 2022 shareholder payout could top 2021
MILAN (Reuters) – Italy’s UniCredit may have room to pay out more to shareholders from 2022 earnings than the year…
Turkey presses strained retailers for price freezes ahead of elections
By Ceyda Caglayan and Can Sezer ISTANBUL (Reuters) – Turkey’s unusual request that its retailers partially freeze prices ahead of…