Canadian firms’ inflation expectations remain high as labor pressures ease
By Steve Scherer and Ismail Shakil OTTAWA (Reuters) – Canadian businesses still see inflation running high before edging down slowly,…
Economy
Venezuela pursues debt settlement with Crystallex, Conoco, bondholders
By Marianna Parraga HOUSTON (Reuters) – Negotiators representing Venezuela have held settlement talks with bondholders and creditors owed billions of…
UK regulator may refer Adobe’s $20 billion Figma deal to deeper probe
(Reuters) -Britain’s competition regulator said on Friday that Photoshop owner Adobe’s $20 billion buyout of cloud-based designer platform Figma may…
As the Libor era ends, market participants hope for ‘crickets’
By John McCrank and Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The last rates based on the tarnished London Interbank Offer…
HSBC blocking of Hong Konger pensions matter of ‘deep concern’, say US, UK lawmakers
LONDON (Reuters) – Two influential lawmakers in the United States and Britain accused HSBC on Friday of contributing to the…
EU Commission demands Uniper dispose of Dutch business – Handelsblatt
BRUSSELS/FRANKFURT (Reuters) – The European Commission has demanded that German gas importer Uniper divest its Dutch business to obtain regulatory…
Shell’s renewables boss to leave after CEO strategy shift
By Ron Bousso LONDON (Reuters) -Shell’s head of renewable generation Thomas Brostrom is leaving the company, a spokesperson said on…
What could break as interest rates rise?
(This June 29 story has been refiled to fix the typo in sub-head to Wagner, not Wager) LONDON (Reuters) –…
Biden’s student loan defeat adds to headwinds for US economy
By Michael S. Derby and Dan Burns (Reuters) -The U.S. Supreme Court’s striking down of President Joe Biden’s student loan…
Xpeng shares jump as China EV maker prices SUV below Tesla Model Y
By Chavi Mehta (Reuters) -Xpeng’s U.S.-listed shares jumped more than 11% on Friday after the electric-car maker priced its latest…