U.S. crypto exchange Coinbase secures Bermuda licence
By Elizabeth Howcroft LONDON (Reuters) -Major U.S. crypto exchange Coinbase Global Inc has said it has secured a licence to…
Business
Paramount countersues Warner Bros Discovery over ‘South Park’ streaming rights
By Jonathan Stempel NEW YORK (Reuters) – Paramount Global has filed a countersuit against Warner Bros Discovery Inc over the…
US commits to $3 billion loan guarantee for Sunnova to expand solar access
(Reuters) -Residential solar company Sunnova Energy International on Thursday said the U.S. government would provide a partial loan guarantee of…
Stocks stumble as Tesla drops, US yields retreat after data
By Chuck Mikolajczak NEW YORK (Reuters) – A gauge of global stocks was poised for its biggest daily percentage drop…
Dollar weakens as soft data backs US recession outlook
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The U.S. dollar fell on Thursday as weak data reinforced expectations the world’s…
US judge halts most talc lawsuits against J&J, stops trials
By Mike Spector NEW YORK (Reuters) -A U.S. judge on Thursday halted most of the tens of thousands of lawsuits…
Higher US Fed rates ‘not a major concern’ for C$, BoC’s Macklem says
By Ismail Shakil OTTAWA (Reuters) -The impact of higher U.S. interest rates on the Canadian dollar is not a “major…
Explainer-Looming US debt ceiling fight is starting to worry investors
By Davide Barbuscia NEW YORK (Reuters) – A debt ceiling fight is looming in the U.S. yet again, giving investors…
Mercedes-Benz reports Q1 adjusted return on sales of 14.8%
BERLIN (Reuters) -Mercedes-Benz on Thursday posted first-quarter group adjusted return on sales of 14.8%, above market expectations, boosted by higher…
Oil falls 2% on recession fears, swelling US fuel stocks
By Laila Kearney NEW YORK (Reuters) -Oil prices slid by about $2 a barrel to their lowest level since late…