NEW DELHI (Reuters) – India’s Adani Enterprises called off its $2.5 billion share sale on Wednesday, citing market conditions, amid…
Peloton shares soar as turnaround plan shows promise
By Priyamvada C (Reuters) -Peloton Interactive Inc on Wednesday forecast current-quarter revenue above expectations, in an early sign that its…
Explainer-Why the U.S. Inflation Reduction Act has rattled Europe
BRUSSELS (Reuters) – The European Commission presented its Green Deal Industrial Plan on Wednesday in response to the U.S. Inflation…
Explainer-Adani vs Hindenburg: What you need to know
MUMBAI (Reuters) -India’s Adani Group called off its $2.5 billion share sale late on Wednesday, in a dramatic reversal triggered…
Citigroup technicals indicate rally may extend even as Wall Street remains wary
By Mehnaz Yasmin (Reuters) – Citigroup Inc’s shares are approaching a potential bullish technical signal which indicates that this year’s…
Tinder owner to lay off 8% of its staff as growth falters
By Vansh Agarwal and Shreyaa Narayanan (Reuters) – Match Group Inc on Wednesday joined a growing list of U.S. companies…
Fewer Treasury bills and liquidity questions – what to expect from the U.S. refunding
By Karen Brettell (Reuters) – The U.S. Treasury Department this week is likely to announce that it will offer fewer…
Intel slashes employee, exec pay amid PC market downturn
By Stephen Nellis (Reuters) – Intel Corp said on Tuesday that it had made broad cuts to employee and executive…
U.S. job openings unexpectedly increase in December
WASHINGTON(Reuters) – U.S. job openings unexpectedly rose in December, showing demand for labor remains strong despite higher interest rates and…
Sooner or later, Fed may need technical tweaks for rate control toolkit
By Michael S. Derby NEW YORK (Reuters) – If the Federal Reserve really wants to move some of the mountain…