By David Shepardson WASHINGTON (Reuters) – Boeing said Wednesday the company would take a new $766 million charge on its…
Italy’s Meloni under fire over plan to raise cash payments cap
By Alvise Armellini ROME (Reuters) -Italy’s new right-wing government is planning to raise a limit on cash payments, Prime Minister…
Spotify criticizes Ye’s comments, keeps his music
By Dawn Chmielewski (Reuters) – As corporations around the world including Adidas AG cut ties with Kanye West, music streaming…
EU energy chief says gas price cap possible this winter if countries agree
By Kate Abnett BRUSSELS (Reuters) -The European Union could introduce a gas price cap this winter to limit excessive price…
Russia’s VTB Bank opens ‘vostro’ account at Indian branch
MOSCOW (Reuters) – Russia’s No.2 lender VTB on Wednesday said it had opened a special “vostro” account at its Indian…
U.S. mortgage interest rates jump to 7.16%, highest since 2001
(Reuters) – The average interest rate on the most popular U.S. home loan rose to its highest level since 2001…
Investors increase their bets on a 100 basis-point BoE rate hike
LONDON (Reuters) – Investors increased their bets on the Bank of England raising its benchmark rate by a full percentage…
Tapestry deepens push into China, undeterred by luxury market slump
By Casey Hall SHANGHAI (Reuters) -Baoji, an industrial city in northwest China with a population of 3 million, doesn’t conform…
European banks cash in on rising rates as clouds gather
By Tom Sims, John O’Donnell and Jesús Aguado FRANKFURT (Reuters) – Some of Europe’s largest banks warned of growing risks…
Google agrees to compliance reforms to prevent search warrant data loss
By David Shepardson WASHINGTON (Reuters) -The U.S. Justice Department said on Tuesday it had reached an agreement with Alphabet Inc’s…