European shares up as robust U.S. data soothes recession jitters, chip stocks rally
By Amruta Khandekar, Matteo Allievi and Bansari Mayur Kamdar (Reuters) – European shares climbed on Wednesday after robust U.S. data…
Economy
US advances New York City vehicle congestion pricing plan
By David Shepardson (Reuters) -A New York City plan to charge a daily toll on vehicles entering or remaining in…
China’s EV maker Zeekr opens orders for two luxury cars in Sweden, Netherlands
By Johan Ahlander and Sameer Manekar LONDON (Reuters) -Zeekr, Geely Automobile’s electric brand, said on Wednesday that two of its…
Fed’s Powell does not rule out rate rise at coming meetings
By Michael S. Derby (Reuters) -Federal Reserve Chairman Jerome Powell reiterated Wednesday that more rate rises likely lie ahead for…
UBS looks to axe 30% of staff and keep Credit Suisse’s domestic business – source
By Oliver Hirt and Noele Illien (Reuters) – UBS is weighing cutting tens of thousands of jobs following its emergency…
BOJ’s Ueda: See good reason to shift policy if inflation re-accelerates into 2024
By Balazs Koranyi and Francesco Canepa SINTRA, Portugal (Reuters) -Bank of Japan (BOJ) Governor Kazuo Ueda on Wednesday said the…
Trafigura sued for $8.4 million by firm owned by tycoons Reuben Brothers
By Eric Onstad LONDON (Reuters) – Hyphen Trading Ltd, owned by property and metals tycoons the Reuben brothers, has demanded…
‘Call of Duty’ maker to invest in Barcelona after EU approves Microsoft deal
By Paul Sandle LONDON (Reuters) -Activision Blizzard said its studio that developed “Call of Duty” would set up shop in…
Stellantis to end gearbox production at Vienna plant, 300 jobs impacted
PARIS (Reuters) -Stellantis has informed unions and local officials of its plans to end operations at its manual gearbox production…
Cuba and Russian defense ministers discuss joint ‘technical military’ projects
HAVANA (Reuters) – The defense ministers of Cuba and Russia discussed the development of joint “technical military” projects this week…