BlackRock Has Frozen Hires, Says CFO – Conference
NEW YORK (Reuters) – BlackRock Inc Chief Financial Officer Gary Shedlin said on Tuesday the firm is tightening its belt…
Swedbank Sees Income Growth Outpacing Costs As Eyes Set On ROE Boost
STOCKHOLM (Reuters) – Swedbank said on Tuesday it would grow average annual income by 3 percentage points more than costs…
GSK, Pfizer, Sanofi Escape U.S. Federal Litigation Over Zantac
By Brendan Pierson (Reuters) – Drugmakers GSK Plc, Pfizer Inc, Sanofi SA and Boehringer Ingelheim on Tuesday defeated thousands of…
Facebook parent Meta threatens to remove news from platform
Facebook parent Meta Platforms Inc. said Tuesday it will be “forced to consider” removing news content from its platform if…
‘Hiccup!’ Spirits low after vodka brand auction runs dry
THE HAGUE (AP) — Shareholders of dismantled Russian oil company Yukos were low in spirits Tuesday after the top bid…
Wall Street Dragged By Recession Fears, S&P On Track For 4th Decline
By David French and Ankika Biswas (Reuters) – Wall Street benchmarks tumbled again on Tuesday, with the S&P 500 on…
BuzzFeed cuts 12% of staff citing worsening econ conditions
NEW YORK (AP) — Digital media company BuzzFeed is cutting 12% of its workforce, citing worsening economic conditions. The New…
Canada Exports Rose In October Helped By Weak Dollar
By Ismail Shakil OTTAWA (Reuters) – Canada’s exports rose in October, largely driven by pharmaceutical products, while imports were also…
Glencore 2023 Production Outlook Disappoints, Shares Fall
By Clara Denina and Helen Reid LONDON (Reuters) -London-listed Glencore cut 2023 production guidance across all the commodities it mines,…
Prada charts line of business succession, tapping new CEO
MILAN (AP) — The Prada fashion house began charting a line of succession on its business side, announcing Tuesday that…