Bank of Canada hikes rates to 22-year high, more increases expected
By Steve Scherer and David Ljunggren OTTAWA (Reuters) – The Bank of Canada on Wednesday hiked its overnight rate to…
Business
Biden encourages both sides to continue collective bargaining in US ports dispute -White House
By Jeff Mason and Kanishka Singh WASHINGTON (Reuters) – U.S. President Joe Biden has urged both sides in the West…
Zelenskiy ‘shocked’ at failure of UN, Red Cross to help after dam breached -Bild
BERLIN (Reuters) – Ukrainian President Volodymyr Zelenskiy expressed shock at what he said was the failure of the United Nations…
Campbell Soup sticks to full-year forecast, shares fall
By Ananya Mariam Rajesh (Reuters) -Campbell Soup shares dropped as much as 9% on Wednesday, after the company disappointed investors…
Some economists challenge Fed view very low rate world will return one day
By Michael S. Derby NEW YORK (Reuters) – Some economists are challenging the view central to some Federal Reserve officials…
Brazil’s inflation falls to more than 2-year low amid calls for rate cuts
By Gabriel Araujo SAO PAULO (Reuters) – Consumer prices in Brazil decelerated more than expected in May, government data showed…
Boeing accused in lawsuit of stealing trade secrets for NASA rocket
By Jonathan Stempel (Reuters) – Boeing was sued on Wednesday by a Colorado company that accused the aerospace giant of…
Exclusive-Vodafone, Hutchison to announce UK merger as soon as Friday – sources
By Clare Jim and Paul Sandle HONG KONG/LONDON (Reuters) -Vodafone and CK Hutchison are in the final stage of agreeing…
Analysis-For Musk and other foreign CEOs visiting China, silence is golden
By Brenda Goh and Joe Cash SHANGHAI/BEIJING (Reuters) – A veritable parade of overseas CEOs including Tesla’s Elon Musk and…
European stocks close lower, Inditex shines on strong earnings
By Shreyashi Sanyal and Sruthi Shankar (Reuters) -European stocks slipped on Wednesday, dented by healthcare stocks and concerns about the…