US banks scramble on research fees as reprieve on European rules runs out
By Nupur Anand and Lananh Nguyen NEW YORK (Reuters) -Wall Street banks and brokerages are in a last-minute scramble to…
Business
Blackwells pushes for board overhaul at cell-tower operator IHS
(Reuters) – Activist investor Blackwells Capital on Wednesday urged cell-tower operator IHS Holding Ltd to overhaul the company’s board by…
Global inflation forecasters reflect on a ‘humbling task’
By Balazs Koranyi SINTRA, Portugal (Reuters) – Professional forecasters globally who have been blindsided by the recent surge in inflation…
More tightening to come, top central bank chiefs tell ECB forum
By Balazs Koranyi and Francesco Canepa SINTRA, Portugal (Reuters) – Leaders of the world’s top central banks reaffirmed on Wednesday…
Thomson Reuters to buy digital content management company Imagen
(Reuters) – Thomson Reuters will buy Imagen, a digital content asset management company, for an undisclosed price, to expand its…
BlackRock says AI ‘mega-force’ to buck tough macro trend
(Reuters) – Shares of AI-focused companies will be a major driver of returns for developed markets in a tough economic…
European shares up as robust U.S. data soothes recession jitters, chip stocks rally
By Amruta Khandekar, Matteo Allievi and Bansari Mayur Kamdar (Reuters) – European shares climbed on Wednesday after robust U.S. data…
China’s EV maker Zeekr opens orders for two luxury cars in Sweden, Netherlands
By Johan Ahlander and Sameer Manekar LONDON (Reuters) -Zeekr, Geely Automobile’s electric brand, said on Wednesday that two of its…
Judge dismisses lawsuit claiming Amazon sold ‘suicide kits’ to teenagers
By Jonathan Stempel (Reuters) – A U.S. judge has dismissed a lawsuit against Amazon.com Inc brought by the parents of…
Fed’s Powell does not rule out rate rise at coming meetings
By Michael S. Derby (Reuters) -Federal Reserve Chairman Jerome Powell reiterated Wednesday that more rate rises likely lie ahead for…