DAVOS, Switzerland (Reuters) – Global leaders and business executives departed a freezing World Economic Forum (WEF) meeting on Friday after…
IMF says failure to increase U.S. debt ceiling would have ‘serious repercussions’
(Reuters) – Failure to increase the U.S. debt ceiling would have serious repercussions for the United States and the global…
Intel says Italy still in the game as talks over chip plant continue
MILAN (Reuters) -Italy remains a potential location for Intel to build a new European chip plant, the U.S. chipmaker told…
Analysis-Frankfurt ‘STIRs’ up euro clearing battle with London
By Huw Jones LONDON (Reuters) – Frankfurt expands derivatives clearing on Monday in an early test of how well European…
Canadian insurer Sun Life inks $193 million deal with HK’s Dah Sing
(Reuters) – A unit of Canadian insurer Sun Life Financial Inc has partnered with Hong Kong-based Dah Sing Bank in…
BoC to raise rates by 25 bps to peak of 4.50% on Jan. 25: Reuters poll
By Swathi Nair BENGALURU (Reuters) – The Bank of Canada will hike its key interest rate by a modest quarter…
Apple appeals investigation by UK competition watchdog
LONDON (Reuters) – Technology giant Apple has filed an appeal against an investigation by Britain’s competition watchdog into the dominance…
Little room for gloom at Dublin’s Davos for aircraft financiers
By Padraic Halpin and Conor Humphries DUBLIN (Reuters) – While the prospect of global recession casts a long shadow over…
IKEA sees higher demand in Europe driven by home furnishings – CEO
By Divya Chowdhury and Savio Shetty DAVOS, Switzerland (Reuters) – Ingka Group, the owner of most IKEA stores, sees demand…
Holcim sees U.S. inflation act helping it in N.America
By Divya Chowdhury and Nishara Karuvalli Pathikkal DAVOS, Switzerland (Reuters) – Holcim expects the U.S. Inflation Reduction Act (IRA) to…