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…
Davos 2023: Global growth to bottom out this year – IMF’s Georgieva
DAVOS, Switzerland (Reuters) – International Monetary Fund Managing Director Kristalina Georgieva said on Tuesday global economic growth was expected bottom…
Davos 2023: UBS head says regulators’ ‘eyes off the ball’ on non-banks
LONDON (Reuters) – UBS Chairman Colm Kelleher said traditional finance firms were “systemically safe” after years of increased regulation, but…
European airlines to invoke EU freedoms to challenge flight bans
By Joanna Plucinska and Tim Hepher DUBLIN (Reuters) – The airline industry plans to invoke EU rights to freedom of…