US consumer spending hits speed bump; inflation picture mixed
By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer spending fizzled in May as households cut back on purchases of new…
2023
European shares crawl higher in Q2
By Amruta Khandekar, Matteo Allievi and Bansari Mayur Kamdar (Reuters) – European shares rose on Friday as lacklustre data on…
Ferragamo’s CFO Alessandro Corsi resigns
MILAN (Reuters) – Italian luxury group Salvatore Ferragamo said on Friday that its Chief Financial Officer Alessandro Corsi would resign…
US Supreme Court won’t scrutinize Mississippi curb on voting by felons
By John Kruzel WASHINGTON (Reuters) – The U.S. Supreme Court on Friday turned away a bid by two Black Mississippians…
US Supreme Court to decide legality of SEC in-house enforcement
By Andrew Chung (Reuters) – The U.S. Supreme Court on Friday agreed to hear a bid by President Joe Biden’s…
Canadian firms’ inflation expectations remain high as labor pressures ease
By Steve Scherer and Ismail Shakil OTTAWA (Reuters) – Canadian businesses still see inflation running high before edging down slowly,…
Venezuela pursues debt settlement with Crystallex, Conoco, bondholders
By Marianna Parraga HOUSTON (Reuters) – Negotiators representing Venezuela have held settlement talks with bondholders and creditors owed billions of…
US Supreme Court to weigh legality of domestic-violence gun curbs
By John Kruzel WASHINGTON (Reuters) – The U.S. Supreme Court took up another major dispute over gun rights on Friday,…
UK regulator may refer Adobe’s $20 billion Figma deal to deeper probe
(Reuters) -Britain’s competition regulator said on Friday that Photoshop owner Adobe’s $20 billion buyout of cloud-based designer platform Figma may…
As the Libor era ends, market participants hope for ‘crickets’
By John McCrank and Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The last rates based on the tarnished London Interbank Offer…