By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer prices rose less than expected in October, pushing the annual increase below…
U.S. judge hearing FTC case against Facebook won’t quash subpoena for Sequoia
WASHINGTON (Reuters) – A U.S. judge hearing a big antitrust case against Meta’s Facebook declined on Thursday to quash a…
Fed’s Logan: Inflation data a ‘welcome relief,’ still long way to go
By Lindsay Dunsmuir (Reuters) -A U.S. government report showing consumer prices increasing less than expected in October is “welcome relief,”…
EU executive to outline gas price ‘correction mechanism’ on Friday -sources
By Gabriela Baczynska BRUSSELS (Reuters) – The European Commission will propose a gas “correction mechanism” to the 27 EU states…
Musk’s first email to Twitter staff ends remote work – Bloomberg News
(Reuters) -Elon Musk in his first email to Twitter employees said remote work would no longer be allowed and that…
Indian Oil offers first diesel export since mid-Sept – sources
SINGAPORE (Reuters) – Indian Oil Corp has offered one diesel cargo to be loaded in early December, its first export…
Canada’s BMO books $834 million charge over U.S. Ponzi lawsuit loss
(Reuters) -Canada’s Bank of Montreal (BMO) booked a charge of C$1.12 billion ($834.2 million) on Tuesday after a U.S. jury…
India’s Aurobindo Pharma says director arrested by Enforcement Directorate
BENGALURU (Reuters) – India’s federal financial crime agency has arrested P. Sarath Chandra Reddy, a director of Aurobindo Pharma Ltd,…
Meta cuts 11,000 jobs as it sinks more money into the metaverse
By Aditya Soni and Nivedita Balu (Reuters) – Meta Platforms Inc said on Wednesday it would cut more than 11,000…
UK hiring falls as political upheaval adds to employers’ worries
By Suban Abdulla LONDON (Reuters) – British employers cut their hiring of permanent staff via recruitment firms for the first…