Traders bet Fed will follow June ‘skip’ with summer hike
(Reuters) – Traders added to bets the Federal Reserve will soon be back to raising U.S. interest rates after skipping…
Business
Fed officials project more 2023 rate rises, amid hope inflation will still cool
By Michael S. Derby WASHINGTON (Reuters) – U.S. Federal Reserve officials penciled in additional rate rises for this year and…
US lawmakers seek new law to protect TikTok user information
By David Shepardson WASHINGTON (Reuters) – A bipartisan group of six senators and two members of the House of Representatives…
Volkswagen passenger cars targets 10 billion euros of efficiency gains
BERLIN (Reuters) -Volkswagen’s passenger car brand will implement savings and cost-cutting measures amounting to 10 billion euros ($10.83 billion) by…
Upside Foods secures USDA approval for its cultivated meat
By Leah Douglas (Reuters) -California’s Upside Foods said on Wednesday it received regulatory approval from the U.S. Department of Agriculture…
Canada finance minister: Stellantis investment ‘is coming’
OTTAWA (Reuters) – Canada, which has been renegotiating its support for a Stellantis-LGES electric vehicle battery plant, is confident that…
“Silvio, Silvio” – Berlusconi divides Italy even at his funeral
By Emilio Parodi and Giulio Piovaccari MILAN (Reuters) -Italy bade farewell to four-times prime minister Silvio Berlusconi on Wednesday at…
Flipkart and PhonePe could be $100 billion businesses in India, Walmart says
By Siddharth Cavale NEW YORK (Reuters) – Walmart’s Flipkart marketplace and PhonePe payments business in India could be $100 billion…
BlackRock CEO Fink says he does not plan to leave the firm ‘any time soon’
By Carolina Mandl and Davide Barbuscia NEW YORK (Reuters) – BlackRock Inc chairman and Chief Executive Officer Larry Fink said…
European shares rise on Fed pause hopes
By Shreyashi Sanyal and Bansari Mayur Kamdar (Reuters) – European shares rose on Wednesday, supported by banks and miners, ahead…