(Reuters) – MetLife Inc on Wednesday reported a 53% drop in third-quarter profit as economic pressures and a global market…
Central banks ease off on rate hike push in October
By Karin Strohecker and Vincent Flasseur LONDON (Reuters) – The pace and scale of interest rate hikes delivered by central…
Canada orders three Chinese firms to exit critical minerals deals
OTTAWA (Reuters) -Canada’s government ordered three Chinese firms on Wednesday to divest their investments in Canadian critical minerals companies on…
South Korea FX reserves fall again in Oct as won weakens
SEOUL (Reuters) – South Korea’s foreign exchange reserves shrank for a third consecutive month in October, although by a relatively…
Three attorneys general file lawsuit seeking to block Albertsons’ $4 billion payout
By Siddharth Cavale NEW YORK (Reuters) -The attorneys general of Washington D.C., California and Illinois filed a lawsuit on Wednesday…
CBS, Moonves to pay $9.75 million to settle N.Y. attorney general’s securities claims
By Jody Godoy (Reuters) -CBS Corp and former Chief Executive Leslie Moonves agreed on Wednesday to pay investors an additional…
Energy crisis chips away at Europe’s industrial might
By Clara Denina and Sarah McFarlane LONDON (Reuters) – Europe needs its industrial companies to save energy amid soaring costs…
Powell says Fed officials recommitted to meeting new ethics standards
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Chair Jerome Powell acknowledged on Wednesday the U.S. central bank’s…
CVS, Walmart, Walgreens agree to pay $13.8 billion to settle U.S. opioid claims
By Brendan Pierson (Reuters) -CVS Health Corp, Walgreens Boots Alliance Inc and Walmart Inc agreed to pay about $13.8 billion…
Stocks end down, yields up as Powell sticks to hawkish stance
By Caroline Valetkevitch NEW YORK (Reuters) – U.S. stocks ended a volatile session lower while Treasury yields were up Wednesday…