US FTC amends suit against Walmart for allegedly allowing money transfer services for fraud
WASHINGTON (Reuters) – The U.S. Federal Trade Commission has filed an amended complaint alleging that Walmart Inc allowed scam artists…
Business
Power grids not yet ready for ‘flying cars’, says Brazil’s Eve
By Gabriel Araujo SAO PAULO (Reuters) – Power grids around the world are not yet ready for the so-called flying…
Biden’s student loan defeat adds to headwinds for US economy
By Michael S. Derby and Dan Burns (Reuters) -The U.S. Supreme Court’s striking down of President Joe Biden’s student loan…
Xpeng shares jump as China EV maker prices SUV below Tesla Model Y
By Chavi Mehta (Reuters) -Xpeng’s U.S.-listed shares jumped more than 11% on Friday after the electric-car maker priced its latest…
Exclusive-Prosecutors probe false accounting charges in Eurovita case – source
By Emilio Parodi MILAN (Reuters) – Prosecutors in Milan are probing allegations of false accounting in relation to the crisis…
Emerging markets carry investor hopes for H2 on lower inflation, rates
By Rodrigo Campos and Marc Jones NEW YORK/LONDON (Reuters) – From BlackRock to JPMorgan, some of the world’s top investors…
Bausch + Lomb buys Novartis drugs for $1.75 billion to boost eye-care portfolio
(Reuters) – Bausch + Lomb said on Friday it would acquire several Novartis eye-care products for $1.75 billion as their…
US consumer spending stalls in May; inflation still elevated
By Lucia Mutikani WASHINGTON (Reuters) -U.S. consumer spending stagnated in May as households cut back on purchases of motor vehicles…
Canada’s economy gathered pace in May after stalling in April
By Ismail Shakil and Nivedita Balu OTTAWA (Reuters) -Canada’s economy regained momentum in May after stalling in April, Statistics Canada…
Global mergers and acquisitions plunge in Q2 but dealmakers see green shoots
By Anirban Sen and Andres Gonzalez NEW YORK/LONDON (Reuters) -Global mergers and acquisitions (M&A) activity fell 36% year-on-year in the…