(Reuters) – Billionaire Elon Musk said on Tuesday he will step down as chief executive of Twitter Inc once he…
Hedge fund Citadel expects to return $7 billion in profits to clients – source
By Carolina Mandl (Reuters) – Hedge fund Citadel expects to return about $7 billion in profits to its investors in…
Pace of new climate, sustainable business rules will not let up
By Simon Jessop and Huw Jones LONDON (Reuters) – The past year was the busiest ever for climate and sustainability…
Two equity bankers lose their Morgan Stanley broker licenses – U.S. regulator
By Saeed Azhar and Chris Prentice NEW YORK (Reuters) -Two Morgan Stanley equity syndicate bankers, Pawan Passi and Charles Leisure,…
Hybrid wheat hitting U.S. fields as war, climate threaten global food supplies
By Tom Polansek and Julie Ingwersen CHICAGO (Reuters) – Global seed maker Syngenta will release a new type of wheat…
Russian mobile calls, internet seen deteriorating after Nokia, Ericsson leave
By Supantha Mukherjee and Alexander Marrow STOCKHOLM/MOSCOW (Reuters) -When telecoms gear makers Nokia and Ericsson leave Russia at the end…
Nike shares surge as inventory challenges start to abate, demand stays strong
(Reuters) -Nike Inc’s shares soared nearly 15% on Wednesday as investors shrugged off margin pressure at the sportswear giant and…
U.S. current account deficit shrinks in third quarter
WASHINGTON (Reuters) – The U.S. current account deficit narrowed sharply in the third quarter as exports jumped to a record…
U.S. new vehicle sales to fall in December as high prices deter buyers – report
(Reuters) – U.S. total new vehicle retail sales are expected to decline in December as high vehicle prices and rising…
Video gamers sue Microsoft in U.S. court to stop Activision takeover
By Mike Scarcella (Reuters) -Microsoft Corp was hit on Tuesday in U.S. court with a private consumer lawsuit claiming the…