By Sinéad Carew and Ankika Biswas (Reuters) – Wall Street’s major averages closed lower on Thursday with technology-heavy Nasdaq’s 2%…
Amazon may be responsible for allowing Louboutin knock-off ads, EU court says
By Kate Abnett BRUSSELS (Reuters) -Online retailer Amazon.com may be deemed responsible for advertising of counterfeit Christian Louboutin shoes which…
The whack-a-mole economy: U.S. manufacturers struggle with unpredictable supplies
By Timothy Aeppel (Reuters) – Glen Calder expected a shipment of gearbox reducers needed to build a particular model of…
Exclusive-TikTok steps up efforts to clinch U.S. security deal
By Echo Wang and David Shepardson NEW YORK/WASHINGTON (Reuters) – Popular short-video app TikTok is offering to operate more of…
Italy govt calls confidence vote over 2023 budget
ROME (Reuters) – Italy’s government asked on Thursday for the lower house of parliament to hold a confidence vote on…
Low weekly jobless claims underscore U.S. labor market tightness; Q3 growth revised up
By Lucia Mutikani WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits increased less than expected…
Prosecutors charge two top executives in connection with FTX collapse
WASHINGTON (Reuters) -Federal prosecutors on Wednesday said they have charged Caroline Ellison, the former CEO of Alameda Research, and Zixiao…
Exclusive-Sanctions could cut Russia’s Baltic oil exports by 20%
MOSCOW (Reuters) – Exports of Russia’s flagship Urals crude blend from Baltic Sea ports may fall by up to a…
UK economy was G7 growth laggard in Q3 as dismal 2023 beckons
By Andy Bruce LONDON (Reuters) – Britain’s economy contracted more than first thought in the third quarter of this year,…
EU court rules Airbnb must provide rental info to tax authorities
BRUSSELS (Reuters) -Short-term accommodation services company Airbnb must provide information in rental contracts to tax authorities and withhold tax under…