By Daniel Wiessner (Reuters) – Tesla Inc has suffered another setback in its bid to challenge the powers of California’s…
Factbox-Activist investor Bluebell’s offensive against European giants heats up
(Reuters) – Activist hedge fund Bluebell Capital Partners shows no sign of halting its run of challenging the policies and…
HSBC expects Fed’s final rate hike on Feb. 1, cuts next year
NEW YORK (Reuters) – The Federal Reserve will likely hike its target interest rate for the last time at its…
EIA data shows surprise U.S. crude stock build after winter storm
By Arathy Somasekhar HOUSTON (Reuters) – U.S. crude stocks built unexpectedly last week, the Energy Information Administration said, as refiners…
Explainer-Why U.S. flights were grounded by a FAA system outage
(Reuters) – The Federal Aviation Administration (FAA) allowed some flights to resume after an outage of the system that alerts…
Ares Management raises $5 billion for infrastructure debt investing
By Chibuike Oguh (Reuters) -Ares Management Corp said on Wednesday it raised about $5 billion for an infrastructure debt fund…
Global PC market seen to recover late 2023 – reports
(Reuters) – Global personal computer shipments are expected to rise starting late 2023, with a new cycle of system upgrades…
Conagra CEO expects no more price hikes beyond this quarter
By Jessica DiNapoli and Hilary Russ NEW YORK (Reuters) -Healthy Choice meal maker Conagra Brands Inc has no plans to…
World Bank warns global economy could tip into recession in 2023
(This Jan. 10 story has been corrected to show the euro zone 2023 GDP forecast as flat, not 0.5% growth)…
BNP Paribas to open new office in Miami in fourth quarter
NEW YORK (Reuters) – BNP Paribas Securities Corp, a unit of BNP Paribas, said on Wednesday it plans to open…