EU court rejects Meta challenge to antitrust information requests
By Foo Yun Chee BRUSSELS (Reuters) – Meta Platforms suffered a setback on Wednesday as Europe’s second-top court ruled as…
Business
IMF’s Georgieva confident US will not default on debt
By Andrew Mills DOHA (Reuters) -The managing director of the International Monetary Fund (IMF) Kristalina Georgieva said on Wednesday she…
Higher interest rates boost hedge fund stock borrowing to record high – Goldman
By Nell Mackenzie LONDON (Reuters) – Borrowing across the global hedge fund industry has hit record highs, Goldman Sachs said…
Analysis-EU power battle risks denting planned safeguards for financial products
By Huw Jones LONDON (Reuters) – European Union plans to increase protections for consumers of financial services are reigniting a…
NZ central bank signals done raising rates after hiking to 14-year high
By Lucy Craymer WELLINGTON (Reuters) -New Zealand’s central bank on Wednesday signalled it was done tightening after raising rates by…
Panasonic puts high priority on China despite supply chain risks
TOKYO (Reuters) – China remains a high-priority market for Panasonic even as geopolitics have highlighted the need for robust supply…
Toronto stock market seen up but slowdown in China could crimp gains: Reuters poll
By Fergal Smith TORONTO (Reuters) – Canada’s main stock index will rally less than previously expected in 2023 as higher…
Shanghai invites GM to boost investment, R&D in city
SHANGHAI/BEIJING (Reuters) -Shanghai has invited General Motors to boost investment and research and development in the city, the city government…
Chinese snap up lottery tickets amid economic gloom
BEIJING (Reuters) – April sales of Chinese lottery tickets jumped to their highest in a decade, data showed on Wednesday,…
Australia refers PwC tax document leak scandal to police
By Lewis Jackson SYDNEY (Reuters) -The Australian Treasury has referred a confidential document leak scandal involving professional services firm PricewaterhouseCoopers…