By Divya Rajagopal and Dan Whitcomb (Reuters) -Canada on Tuesday imposed conditions on Rogers Communications’ proposed remedy to overcome competition…
Global economy approaching a recession, central banks unchained – Reuters poll
By Hari Kishan BENGALURU (Reuters) – The global economy is approaching a recession as economists polled by Reuters once again…
Fed’s Powell, on eve of next rate hike, urged to protect jobs
(Reuters) – U.S. Senate Banking Committee Chair Sherrod Brown on Tuesday urged Federal Reserve Chair Jerome Powell to be careful…
Inflation worries hurt U.S. consumer confidence; house prices decelerating
By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer confidence ebbed in October after two straight monthly increases amid rising concerns…
Global firms urge governments to require mandatory disclosures on nature
By Juliette Portala (Reuters) – Over 330 businesses on Wednesday urged world leaders to force large companies to assess and…
Cloud to PCs, Microsoft forecasts spook investors as economy bites
By Tiyashi Datta and Jane Lanhee Lee (Reuters) -Microsoft Corp on Tuesday projected second-quarter revenue below Wall Street targets across…
Bristol Myers Q3 sales fall on Revlimid, forex pressure
(Reuters) – Drugmaker Bristol Myers Squibb said on Tuesday its third-quarter sales fell from last year as generic competition ate…
Wall St extends rally on signs of ebbing Fed rate hikes
By Stephen Culp NEW YORK (Reuters) – U.S. stocks closed sharply higher on Tuesday as soft economic data hinted that…
Bill Hwang, Archegos demand end to SEC lawsuit over $36 billion firm’s collapse
By Jonathan Stempel NEW YORK (Reuters) -Bill Hwang, whose Archegos Capital Management LP collapsed suddenly in March 2021, on Tuesday…
Automakers to double spending on EVs, batteries to $1.2 trillion by 2030
By Paul Lienert (Reuters) -The world’s top automakers are planning to spend nearly $1.2 trillion through 2030 to develop and…