Polish leader faces questions about timing of bond purchase
WARSAW, Poland (AP) — Poland’s prime minister faced questions Wednesday over his purchase of 4.6 million zlotys (over $1 million)…
June 2022
StanChart CEO Sees Shallow And Short Recession By Early 2023
By Divya Chowdhury MUMBAI (Reuters) – Standard Chartered Chief Executive Bill Winters expects central banks’ fight against surging inflation, driven…
Microsoft Scales Down Russia Operations Due To Ukraine Crisis
(Reuters) – Microsoft Corp said on Wednesday it was making substantial cuts to its business in Russia, joining a string…
Spotify Looks To Stoke Wall Street Enthusiasm Amid Cooling Economy
By Dawn Chmielewski and Supantha Mukherjee (Reuters) – The audio streaming service Spotify Technology SA will host its first investor…
OECD slashes global economic outlook on Russia-Ukraine war
LONDON (AP) — Russia’s war in Ukraine and the energy and food crises it worsened will severely drag down global…
Spirit Airlines Delays Shareholder Vote On Frontier Deal
(Reuters) -Spirit Airlines Inc has delayed a shareholder meeting to vote on its proposed buyout by Frontier Group Holdings Inc…
Spirit Airlines, a bidding war target, postpones buyout vote
Spirit Airlines, the target of a budget airline bidding war, is postponing a Friday shareholder vote on whether to accept…
Dollarama Beats Sales Estimates On Strong Demand For Consumables
(Reuters) – Canada’s Dollarama Inc beat estimates for quarterly sales on Wednesday as surging inflation fueled demand for the discount…
Same-old, Same-old, Japan Sticks To Forex Stance Even As Yen Slide Steepens
By Tetsushi Kajimoto and Daniel Leussink TOKYO (Reuters) -Japanese policymakers held fast to their usual line on yen weakness on…
OECD Slashes Growth Outlook, But Sees Limited Stagflation Risk
By Leigh Thomas PARIS (Reuters) – The war in Ukraine has made the growth outlook far bleaker even though the…