EU antitrust regulators seeking more info on Apple Pay
By Foo Yun Chee BRUSSELS (Reuters) – EU antitrust regulators are seeking more information on Apple’s mobile payment system, the…
Business
Dollar in holding pattern, inflation data provides little clarity on rates
By Laura Matthews NEW YORK (Reuters) – The dollar remained stable against a basket of currencies on Wednesday as data…
Nordstrom names Target veteran Cathy Smith as CFO
(Reuters) -Nordstrom Inc on Wednesday named former Target Corp CFO Cathy Smith as its new finance chief. Smith will take…
EU’s Vestager says ‘all options on the table’ after Lufthansa/SAS rulings
BRUSSELS (Reuters) – The European Union’s top competition official on Wednesday said “all options” were on the table but did…
Analysis: Inflation may not be cooling fast enough to justify stock valuations
By Lewis Krauskopf NEW YORK (Reuters) – Some investors are growing concerned that the U.S. economy may not be cooling…
US conducts raids at two properties of China’s Jinko Solar
By Nichola Groom (Reuters) -The U.S. Department of Homeland Security this week raided a factory and sales office operated by…
Hedge funds cut exposure to bank stocks in April, data shows
By Nell Mackenzie LONDON (Reuters) -Hedge funds cut their exposure to financial stocks in April after buying discounted equities in…
Future ECB rate moves will be “more marginal”, says Villeroy
PARIS (Reuters) – The European Central Bank has travelled most of the way in its campaign to raise interest rates,…
Airbnb’s gloomy forecast weighs on hotel, airline stocks
By Chibuike Oguh NEW YORK (Reuters) – A gloomy forecast from vacation rental firm Airbnb weighed on travel-related stocks on…
US annual inflation slows to below 5%, price pressures still strong
By Lucia Mutikani WASHINGTON (Reuters) – The annual increase in U.S. consumer prices slowed to below 5% in April for…