GQG raises Adani stake by nearly 10%
(Reuters) -GQG Partners has raised its stake in Gautam Adani’s conglomerate by about 10% and will take part in the…
Economy
Credit Suisse managers’ 2022 bonuses cancelled or cut by Swiss government
ZURICH (Reuters) – Credit Suisse senior managers will have their outstanding bonus payments for 2022 either cancelled or reduced following…
Italy’s central bank sees sharp rise in rents amid student housing protests
By Federico Maccioni and Alvise Armellini MILAN/ROME (Reuters) – Italy is experiencing a surge in rent prices, the country’s central…
Climate activists storm Shell shareholder meeting
By Shadia Nasralla and Ron Bousso LONDON (Reuters) – Shell shareholders overwhelmingly supported the energy giant’s strategy at a raucous…
US new home sales, business activity rise to 13-month highs
By Lucia Mutikani WASHINGTON (Reuters) – Sales of new U.S. single-family homes jumped to a 13-month high in April, boosted…
Explainer-Debt ceiling standoff: What happens if Washington falls behind on its bills?
By Jason Lange WASHINGTON (Reuters) -The U.S. government could fall behind on its bills next month – and even default…
US Treasury asks federal agencies for payments clarity as debt ceiling default looms
WASHINGTON (Reuters) – The U.S. Treasury said on Tuesday it is asking other federal agencies for greater clarity and communication…
Standard Chartered CEO: Credit Suisse sale to UBS was ‘surprising’
By Andrew Mills DOHA (Reuters) -Standard Chartered CEO Bill Winters on Tuesday said the sale of Credit Suisse to UBS…
EU seeks top court backing in $14 billion tax fight against Apple
By Foo Yun Chee LUXEMBOURG (Reuters) -EU competition regulators appealed to the bloc’s highest court on Tuesday to override a…
Judge throws out shareholder lawsuit against Elon Musk over Twitter buyout
By Jonathan Stempel (Reuters) – A judge dismissed a proposed class-action lawsuit against Elon Musk that claimed he cheated Twitter…