LONDON (Reuters) – Global shipping companies are exploring ways to boost safety in transporting cargoes as risks grow from fires…
McKinsey to cut 2,000 jobs in one of its biggest layoffs – Bloomberg News
(Reuters) -Consulting giant McKinsey & Co is planning to cut about 2,000 jobs, in one of its biggest round of…
Judge asks if Musk’s $56 billion Tesla pay hangs on a legal ‘kill shot’
By Tom Hals WILMINGTON, Del. (Reuters) -A trial challenging Elon Musk’s $56 billion pay at Tesla Inc may hang on…
BlackRock ‘overweights’ Treasuries, emerging markets stocks
(Reuters) -BlackRock Investment Institute raised U.S. short-term government bonds as well as Chinese and other emerging market stocks to “overweight”…
Biden admin won’t veto ITC’s Apple Watch import ban ruling
By Blake Brittain (Reuters) -The Biden Administration will not overrule a U.S. International Trade Commission decision that could block imports…
Coinbase swings to quarterly loss as crypto winter hits trading volume
By Manya Saini (Reuters) -Coinbase Global Inc reported a fourth-quarter loss on Tuesday, as trading volume at the cryptocurrency exchange…
Chemical maker INEOS makes U.S. shale bet with $1.4 billion Chesapeake deal
(Reuters) -Chemical maker INEOS is entering into U.S. oil and gas production for the first time, agreeing to purchase assets…
Japan manufacturers gloomy as global slowdown hurts – Reuters Tankan
By Tetsushi Kajimoto TOKYO (Reuters) – Big manufacturers in Japan remained gloomy in February and the service-sector mood slid for…
Societe Generale to pay $157 million to resolve Allen Stanford fraud lawsuit
By Jonathan Stempel (Reuters) – Societe Generale SA agreed to pay $157 million to settle a lawsuit accusing the French…
Global stocks fall, U.S. yields rise on higher interest rate outlook
By Chibuike Oguh NEW YORK (Reuters) -Global equity markets fell while U.S. Treasury yields hit new highs on Tuesday as…