Wall Street Opens Sharply Lower On Recession Worries
(Reuters) – U.S. stock indexes opened sharply lower on Thursday, with growth shares taking the biggest hit, after the Federal…
Reuters
Crypto Volatility Knocks More Stablecoins Off Their Peg
By Lisa Pauline Mattackal and Medha Singh (Reuters) – Major cryptocurrency volatility has hit stablecoins, typically considered the market’s safer-havens,…
BoE Nudges Rates Up Again But Says It’s Ready To Act Forcefully
By Andy Bruce and William Schomberg LONDON (Reuters) -The Bank of England stuck to its gradual increases in interest rates…
Kroger Raises Annual Profit Forecast On Essentials Demand
(Reuters) – Kroger Co raised its expectations for 2022 profit on Thursday, betting on steady demand for its groceries and…
Activision Board Says No Evidence Senior Execs Ignored Harassment Cases
(Reuters) -Activision Blizzard Inc’s board and external advisers said on Thursday there was no evidence to suggest that senior executives…
BoE Raises Rates By 25 Basis Points Again But Says Ready To Act Forcefully
By Andy Bruce and William Schomberg LONDON (Reuters) – The Bank of England raised interest rates by a further quarter…
Meta, Google, Twitter Pledge To Better Fight Fake News Or Risk Fines
BRUSSELS (Reuters) – Meta, Alphabet unit Google, Twitter and Microsoft on Thursday agreed to take a tougher line against disinformation…
Facebook Owner Meta Makes Antitrust Commitments Over Online Advertising
By Mathieu Rosemain PARIS (Reuters) – France’s anti-trust watchdog body said on Thursday that it had approved commitments made by…
Ferrari Promises ‘even More Unique’ Cars In Shift To Electric
By Giulio Piovaccari and Nick Carey MARANELLO, Italy (Reuters) – Electric and hybrid models should make up 80% of Ferrari’s…
Shares Fall As Surprise Swiss Rate Hike Adds To Policy Angst
By Danilo Masoni and Andrew Galbraith MILAN/SHANGHAI (Reuters) – World stocks fell on Thursday and the dollar regained its footing…