By Suban Abdulla LONDON (Reuters) – British house prices registered the most widespread falls in 13 years last month as…
Microsoft to shed 10,000 jobs, adding to glut of tech layoffs
By Jeffrey Dastin and Yuvraj Malik DAVOS, Switzerland (Reuters) – Microsoft Corp on Wednesday said it would eliminate 10,000 jobs…
India govt switches bonds with cenbank in a cash-neutral deal
MUMBAI (Reuters) – The Indian government bought back bonds maturing in 2024 from the Reserve Bank of India on Tuesday,…
U.S. to announce international cryptocurrency action -statement
WASHINGTON (Reuters) – The U.S. Justice Department will “announce a major, international cryptocurrency enforcement action” on Wednesday, it said in…
U.S. airlines sound bullish on travel demand despite recession risk
By Rajesh Kumar Singh CHICAGO (Reuters) – U.S. airlines on the back of strong financial results remain upbeat about travel…
Croatia clashes with traders over post-euro ‘wild’ price hikes
By Antonio Bronic and Daria Sito-Sucic ZAGREB (Reuters) – The Croatian government and businesses are at loggerheads as traders dismiss…
U.S. retail sales post biggest drop in a year; inflation retreating
By Lucia Mutikani WASHINGTON (Reuters) – U.S. retail sales fell by the most in a year in December, pulled down…
NASA awards $425 million for Boeing fuel-efficient airliner research project
WASHINGTON (Reuters) – NASA said Wednesday it awarded $425 million to Boeing Co for the agency’s “Sustainable Flight Demonstrator” project…
U.S. business inventories rise in November as sales fall
WASHINGTON (Reuters) – U.S. business inventories increased in November as higher interest rates depressed sales, boosting the inventory-to-sales ratio to…
OECD sees revenue gains from new tax pact reaching $250 billion
PARIS (Reuters) – New cross-border corporate tax rules could yield about a quarter of a trillion dollars in extra revenue…