McDonald’s In The Spotlight As Investors Seek Details Of Lost Russia Revenue
By Uday Sampath Kumar and Hilary Russ (Reuters) – McDonald’s is poised to take a bigger financial hit from the…
Reuters
Hungary’s OTP Bank “pressured” By Ukraine To Sell Russian Unit, CEO Says
BUDAPEST (Reuters) – Hungary’s OTP Bank, Central Europe’s largest independent lender, is under pressure from the government of Ukraine, where…
Heineken Set To Invest $360 Million In New Brewery In Brazil
SAO PAULO (Reuters) – Heineken NV’s Brazilian arm is set to invest 1.8 billion reais ($360.73 million) in a new…
U.S. Charges Archegos Founder Hwang, Alleges ‘brazen’ Fraud, Manipulation Scheme
By Jody Godoy (Reuters) -U.S. authorities on Wednesday charged Archegos Capital Management owner Bill Hwang with racketeering, fraud and market…
Musk Loses Bid To End SEC Agreement On Oversight Of Tesla Tweets
By Tom Hals (Reuters) -A U.S. judge slammed Elon Musk on Wednesday for trying escape a settlement with regulators requiring…
Commodity Stocks Keep Europe Buoyant As Russia Gas Supply Concerns Linger
By Anisha Sircar and Susan Mathew (Reuters) -European shares broke a three-day losing streak on Wednesday as basic materials stocks…
US, European Shares Rise As Earnings Mixed; Euro Dives To Lowest Since 2017
By Chris Prentice and Tommy Wilkes WASHINGTON/LONDON (Reuters) – Major U.S. and European equity indexes rose in choppy trade on…
Boeing Shares Plunge On Fresh 777X Setbacks, Array Of Charges
By Eric M. Johnson and Abhijith Ganapavaram (Reuters) -Boeing Co said on Wednesday it was halting 777X production through 2023…
Indonesia Stuns Markets As It Widens Ban To Include CPO, Refined Palm Oil
By Bernadette Christina and Fransiska Nangoy JAKARTA (Reuters) – Indonesia widened the scope of its export ban on raw materials…
Spending Drive Knocks Spotify Shares After Q1 Beat
(Reuters) -Spotify Technology said currency moves and a big increase in hiring would push it to an operating loss in…