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…
India orders Google to allow third-party payments, slaps on another fine
By Praveen Paramasivam and Aditya Kalra NEW DELHI (Reuters) -Alphabet Inc’s Google should not restrict app developers from using third-party…
StanChart surprises with 40% profit jump, ups income goal on rising rates
By Anshuman Daga and Lawrence White SINGAPORE (Reuters) -Standard Chartered’s third-quarter profit surged 40% as higher interest rates boosted the…