How the Fed hid a rate hike in its rate “cuts” for 2024
By Howard Schneider WASHINGTON (Reuters) – The outlook from U.S. Federal Reserve officials at their meeting this week sees interest…
Business
Ferrovial says Dutch relocation could damage brand in Spain
MADRID (Reuters) – Ferrovial’s decision to move its holding company to the Netherlands to try to speed up a U.S….
Mercedes drivers can soon turn to ChatGPT for voice control
(Reuters) – ChatGPT will soon hit the road. Mercedes-Benz on Thursday said U.S. drivers could power some of their luxury…
Goldman cutting more than 30 Asia investment banking jobs – sources
By Julie Zhu, Kane Wu and Selena Li HONG KONG (Reuters) -Goldman Sachs Group is cutting more than 30 banking…
Vodafone and Hutchison’s UK mobile merger faces tough test yet
By Paul Sandle LONDON (Reuters) -It has taken months of tortuous negotiations for Vodafone and CK Hutchison to agree a…
Factbox-Layoffs pick up pace in Canada as Bell cuts 1,300 roles
(Reuters) – Canadian companies across industries have laid off thousands in recent months as a post-pandemic spending splurge fades and…
Mondelez plans to separate Russia operations by year-end
(Reuters) – Oreo-maker Mondelez International said on Thursday it has scaled down operations in Russia and plans to make it…
European shares slip after ECB rate hike
By Shreyashi Sanyal and Bansari Mayur Kamdar (Reuters) -European shares slipped on Thursday after the European Central Bank (ECB) raised…
Kroger maintains annual targets despite quarterly profit beat, shares slip
By Granth Vanaik (Reuters) – Supermarket chain Kroger in a cautious move on Thursday reaffirmed its annual forecasts after it…
Generali to buy Liberty Mutual’s Spanish Unit in $2.5 billion all-cash deal
ROME (Reuters) -Generali will buy out the Spanish unit of U.S. insurer Liberty Mutual for 2.3 billion euros ($2.51 billion),…