CME profit rises as volatility spurred risk hedging
(Reuters) -CME Group Inc on Wednesday posted first-quarter profits that beat Wall Street expectations, as traders turned to the exchange…
Business
Putin signs decree taking over Russian assets of two foreign firms
By David Ljunggren (Reuters) – President Vladimir Putin on Tuesday signed a decree establishing temporary control of the Russian assets…
Companies’ cost inflation is slowing but shoppers may wait for lower prices
By Richa Naidu and Dominique Vidalon LONDON/PARIS (Reuters) -The world’s top consumer goods companies, making everything from instant noodles to…
Bosch buys US semiconductor foundry to expand EV chip output
(Corrects spelling of TSI Semiconductors in the last paragraph) By Joseph White and Stephen Nellis DETROIT (Reuters) -Germany’s Bosch Group…
Harry not criticising queen over hacking deal with Murdoch’s UK group, court told
By Sam Tobin and Michael Holden LONDON (Reuters) – Prince Harry is not criticising his grandmother, the late Queen Elizabeth,…
Tesla broke U.S. labor law by silencing workers, official rules
By Daniel Wiessner (Reuters) – Tesla Inc supervisors at a Florida service center violated U.S. labor law by telling employees…
US CFTC charges Fisher Capital with investment fraud targeting older adults
(Reuters) – The Commodity Futures Trading Commission (CFTC) on Tuesday filed a civil enforcement action against Fisher Capital and its…
China’s Ping An Insurance posts 48.9% rise in Q1 profit
BEIJING (Reuters) – Ping An Insurance (Group) Co of China Ltd saw a 48.9% rise in first-quarter net profit as…
‘AI All-Star’ Microsoft’s rosy earnings spark rally in tech stocks
By Nivedita Balu and Aditya Soni (Reuters) – Microsoft Corp shares surged about 7% on Wednesday and lifted tech stocks…
General Dynamics revenue rises on strong demand for weapons
By Mike Stone and Pratyush Thakur (Reuters) -General Dynamics Corp on Wednesday reported a 5.2% rise in quarterly revenue, boosted…