Bank of Canada hiked rates over alarm at household spending, stubborn inflation
By Steve Scherer and David Ljunggren OTTAWA (Reuters) – The Bank of Canada lifted rates after a four-month pause because…
Business
Marketmind: China inflation could spoil the weekend party
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. A big dollar…
Analysis-US SEC crackdown on Coinbase, Binance puts crypto exchanges on notice
By Hannah Lang WASHINGTON (Reuters) -Other U.S. crypto exchanges are likely to be in the firing line after the Securities…
GameStop shares plummet after fifth CEO exit in 5 years
By Akash Sriram (Reuters) -GameStop fell about 19% on Thursday and was set for its worst session in two years…
Mercedes-Benz beats Tesla for California’s approval of automated driving tech
(Reuters) -The California Department of Motor Vehicles on Thursday approved Mercedes-Benz’s automated driving system on designated highways under certain conditions…
Meta previews generative AI tools planned for its platforms
NEW YORK (Reuters) -Facebook owner Meta Platforms on Thursday gave employees a sneak peek at a series of AI tools…
Novartis’ Sandoz wagers its standalone future on biosimilar success
By Natalie Grover LONDON (Reuters) – Novartis’ soon-to-be spun off generics division Sandoz is betting on biosimilars, copies of high-priced…
FTX U.S. judge expresses doubts about parallel Bahamian bankruptcy
By Dietrich Knauth NEW YORK (Reuters) – The judge overseeing FTX’s U.S. bankruptcy said Thursday that he would not defer…
EU’s Breton demands Meta act against online content targeting children
By Foo Yun Chee BRUSSELS (Reuters) -EU industry chief Thierry Breton will meet Meta Platforms Chief Executive Mark Zuckerberg on…
Chinese regulators try to assure sceptical foreign financiers
By Jason Xue and Joe Cash SHANGHAI/BEIJING (Reuters) – China is open for investment, the country’s top financial regulators told…