Recession bets rise in Canada as sticky inflation points to higher rates
By Fergal Smith and Steve Scherer TORONTO (Reuters) – The Bank of Canada’s move to come off the sidelines after…
Business
Canopy Growth closes sale of California facility amid liquidity worries
(Reuters) -Pot producer Canopy Growth said on Thursday it has completed the sale of its facility in Modesto, California as…
Snapchat+ hits 4 million paid subscribers
(Reuters) – Social media company Snap Inc said on Thursday its subscription service, Snapchat+, hit 4 million members since its…
Apple seeks to fend off EU antitrust charge triggered by Spotify at hearing
By Foo Yun Chee BRUSSELS (Reuters) -Apple will on Friday seek to fend off a revised EU antitrust charge and…
Microsoft’s appeal of UK Activision veto to go ahead as planned
LONDON (Reuters) – Microsoft’s appeal against Britain’s veto of its $69 billion deal to buy Activision Blizzard will go ahead…
Energy crisis and inflation push more German firms into insolvency – study
(Reuters) – The number of German firms pushed into insolvency rose in the first half of this year at the…
US pending home sales fall to five-month low in May
WASHINGTON (Reuters) – Contracts to buy U.S. previously owned homes fell more than expected in May, dropping to the lowest…
Macquarie to divest U.S. port terminal operator Ceres
(Reuters) -Australian financial conglomerate Macquarie Group said on Thursday it would divest its U.S.-based port terminal operator Ceres Terminals, with…
Eli Lilly to buy Sigilon Therapeutics to expand diabetes treatments
(Reuters) – Eli Lilly and Co said on Thursday it will acquire all the shares of Sigilon Therapeutics that it…
Bank of England consults on next leg of insurance capital reforms
LONDON (Reuters) -The Bank of England on Thursday proposed further reforms to capital rules for insurers in a step it…