Global wine trade hits record-high value but volumes fall
PARIS (Reuters) – The global wine trade reached record-high value last year, supported by a sharp rise in prices, but…
Business
US existing home sales resume downward trend in March
WASHINGTON (Reuters) – U.S. existing home sales fell in March as a reversal in mortgage rates likely pushed buyers back…
Russian inflation risks must ease to make room for rate cut – central bank
MOSCOW (Reuters) -Inflationary risks in Russia must decrease in order to create room for interest rate cuts, Central Bank Governor…
Tesla to feel commodity cost pain until second half of 2023
By Aditya Soni and Akash Sriram (Reuters) -A recent pullback in commodity prices will aid Tesla Inc’s bruised margins only…
Lawyers win big in $787.5 million Fox defamation case
By Andrew Goudsward (Reuters) – The $787.5 million settlement that ended Dominion Voting Systems’ defamation lawsuit against Fox Corp also…
ECB’s Lagarde: “still a bit of a way to go” on monetary policy
PARIS (Reuters) -Euro zone inflation is too high and the European Central Bank’s monetary policy “still has a bit of…
Cannabis companies look to ‘4/20’ to light up sales
By Mrinalika Roy (Reuters) – From cannabis-infused flowers to edible weed gummies, marijuana companies are pulling out all the stops…
Amazon to expand office supplies business after pandemic sales boost in Europe
LONDON (Reuters) – Amazon plans to expand its business selling office supplies in Europe and internationally after the pandemic helped…
Taiwan’s Starlux pushes Airbus on deliveries as it adds long-haul routes
By Ben Blanchard TAIPEI (Reuters) – Taiwan’s Starlux Airlines Co Ltd is pushing Airbus SE to speed up deliveries as…
BlackRock’s Hildebrand says UBS role in Switzerland in focus after CS rescue
By Yoruk Bahceli and Padraic Halpin DUBLIN (Reuters) -The vice chairman of big UBS shareholder BlackRock Philipp Hildebrand said on…