By Naomi Rovnick and Kirstin Ridley LONDON(Reuters) -Administrators of Sova Capital, a collapsed London broker formerly controlled by Russian banker…
General Mills lifts sales, profit forecasts on price hikes, steady demand
(Reuters) -General Mills Inc raised its annual organic sales and profit forecasts on Tuesday, betting on price hikes and strong…
HSBC takes $300 million hit on Russia business sale, says deal on track for 2023
By Lawrence White LONDON (Reuters) – HSBC HSBA.L> said it still expects to complete the sale of its Russia business…
NBA, Ant Group launch strategic partnership in China
SHANGHAI (Reuters) -Chinese fintech giant Ant Group said on Tuesday it had entered a strategic partnership with the NBA league…
Analysis-Looming U.S. default risk prompts investors to cut some debt exposure
By Davide Barbuscia and Saeed Azhar NEW YORK (Reuters) – Bond investors are starting to trim holdings of U.S. debt…
Four-day week liked by UK employers in world’s largest trial
By Sarah Young LONDON (Reuters) – Dozens of British employers trialling a four-day working week have mostly decided to stick…
Paxos in talks with U.S. SEC over Binance stablecoin- internal email
By Hannah Lang (Reuters) -The firm behind Binance’s stablecoin, Paxos Trust Company, is in discussions with the U.S. Securities and…
U.S. business activity rebounds to eight-month high in February- S&P Global survey
WASHINGTON (Reuters) – U.S. business activity unexpectedly rebounded in February, reaching its highest level in eight months, according to a…
Rouble weakens on sanctions fears as Putin issues nuclear warning
By Alexander Marrow MOSCOW (Reuters) -The rouble weakened on Tuesday despite increased demand for the currency ahead of month-end tax…
TJX sales may surge in 2023 on bargain hunting for top fashion brands
By Ananya Mariam Rajesh and Aatrayee Chatterjee (Reuters) – TJX Cos Inc is likely to see a strong growth in…