Canadian housing starts slow as BoC rate hikes weigh
By Fergal Smith TORONTO (Reuters) -Canadian housing starts fell more than expected in March, contributing to a slower trend in…
Business
U.S. crude stockpiles fall as refinery runs, exports rise- EIA
By Laura Sanicola (Reuters) -U.S. crude oil inventories last week fell more than forecast as refinery runs and exports rose,…
Morgan Stanley’s dealmaking CEO Gorman signals more purchases to come
By Saeed Azhar and Tatiana Bautzer NEW YORK (Reuters) -Morgan Stanley plans to buy more wealth and asset management businesses,…
Factbox-How big U.S. banks are managing bad loan reserves
(Reuters) – U.S. banking heavyweights set aside billions of dollars in the first quarter to account for potential bad loans,…
U.S. extends Citgo’s protection from creditors for three months
WASHINGTON (Reuters) – The U.S. on Wednesday extended for three months a license that protects Venezuela-owned oil refiner Citgo Petroleum…
Abbott signals device sales recovery as hospital staff shortages ease
By Leroy Leo and Khushi Mandowara (Reuters) -Abbott Laboratories said on Wednesday delayed non-urgent surgeries had resumed globally three years…
Glencore raises pressure on Teck Resources with promise of sweeter bid
By Clara Denina and Yadarisa Shabong LONDON (Reuters) -Glencore has told Teck Resources shareholders it is willing to improve its…
Morgan Stanley, Deutsche and others raise UK rate-hike forecasts
LONDON (Reuters) – A number of banks including Morgan Stanley and Deutsche Bank on Wednesday revised upward expectations for further…
Tesla cuts US prices for sixth time this year ahead of quarterly results
By Abinaya V and Aditya Soni (Reuters) -Tesla Inc cut prices for some of its Model Y and Model 3…
Jaguar Land Rover boosts investment to catch up in EV race
By Nick Carey and Sachin Ravikumar LONDON (Reuters) -Jaguar Land Rover (JLR) will invest 15 billion pounds ($19 billion) over…