BofA profits fall as bank sets aside money for downturn
NEW YORK (AP) — Bank of America’s profits fell by 8% in the third quarter as the bank set aside…
October 17, 2022
EU approves Ukraine training mission, arms funds
BRUSSELS (AP) — The European Union on Monday approved a military training mission in Europe for thousands of Ukrainian troops…
Kanye West to buy conservative social media platform Parler
The rapper formerly known as Kanye West is offering to buy right-wing friendly social network Parler shortly after getting locked…
Shale Producer Continental Agrees To Founder Harold Hamm’s Go-private Offer
(Reuters) – Continental Resources Inc said on Monday it had agreed to be taken private by billionaire-founder Harold Hamm in…
Credit Suisse Pays $495 Million To Settle Legacy U.S. Case
By John Revill ZURICH (Reuters) -Credit Suisse has agreed to pay $495 million to settle a case related to mortgage-linked…
Skoda Auto Sees VW Decision On Gigafactory By End Of Year
PRAGUE (Reuters) – Skoda Auto, the Czech unit of Volkswagen, expects its parent group could make a decision on the…
UK leader in peril after Treasury chief axes ‘Trussonomics’
LONDON (AP) — The U.K.’s new Treasury chief ripped up the government’s economic plan on Monday, dramatically reversing most of…
Vodafone And Altice Launch 7 Billion Euro German Broadband Company
LONDON (Reuters) -Vodafone and Altice launched a joint venture on Monday to challenge Deutsche Telekom by building a 7 billion…
Oil Climbs On China’s Fuel Demand Recovery Hopes
By Mohi Narayan and Florence Tan (Reuters) -Oil prices rose on Monday after China rolled over liquidity measures to help…
Official: China mining more coal but increasing wind, solar
BEIJING (AP) — China plans to boost coal production through 2025 to avoid a repeat of last year’s power shortages,…