MADRID (Reuters) – Spain’s competition watchdog has slapped a 39 million-euro ($38.45 million) fine on U.S.-based Merck & Co Inc…
Marketmind: Tech tonic and Sunak salve
A look at the day ahead in U.S. and global markets from Mike Dolan. A massive week for top technology…
Apple is cutting back production of iPhone 14 Plus due to weak demand – TrendForce
(Reuters) – Apple Inc is cutting back production of iPhone 14 Plus and is increasing the output of the more…
WhatsApp outage: some users have connection restored
BENGALURU (Reuters) – Popular messaging app WhatsApp was slowly coming back online by 0900 GMT on Tuesday, with some users…
Wall Street bankers in Riyadh renew warnings over world economy
RIYADH (Reuters) -Top Wall Street bankers renewed their warnings about the world economy on Tuesday amid geopolitical tensions and steep…
Goldman’s Solomon: Fed could raise beyond 4.5-4.75% if no ‘real changes in behaviour’
RIYADH (Reuters) – Goldman Sachs CEO David Solomon said on Tuesday the U.S. Federal Reserve said economic conditions will “tighten…
Goldman’s Solomon: Undoing 40 years of ‘nationalized fixed income’ disruptive
DUBAI (Reuters) – Goldman Sachs CEO David Solomon said on Tuesday the world “nationalized fixed income markets” for 40 years…
U.S. oil companies’ cash flow to rise by 68% per barrel in 2022 – Deloitte
By Sabrina Valle HOUSTON (Reuters) – U.S. upstream oil companies are expected to bank 68% higher free cash flows per…
Rising U.S. rates pose biggest risk for Japan but recession unlikely
By Kantaro Komiya TOKYO (Reuters) – The biggest risk to Japan’s economy over the next year is a prolonged period…
U.S. nitrogen exports jump as Europe scrambles for fertilizer
By Rod Nickel, Mark Weinraub and Maytaal Angel CHICAGO/LONDON (Reuters) – U.S. exports of nitrogen fertilizers jumped to a multi-year…