OECD slashes global economic outlook on Russia-Ukraine war
LONDON (AP) — Russia’s war in Ukraine and the energy and food crises it worsened will severely drag down global…
Spirit Airlines Delays Shareholder Vote On Frontier Deal
(Reuters) -Spirit Airlines Inc has delayed a shareholder meeting to vote on its proposed buyout by Frontier Group Holdings Inc…
Spirit Airlines, a bidding war target, postpones buyout vote
Spirit Airlines, the target of a budget airline bidding war, is postponing a Friday shareholder vote on whether to accept…
Dollarama Beats Sales Estimates On Strong Demand For Consumables
(Reuters) – Canada’s Dollarama Inc beat estimates for quarterly sales on Wednesday as surging inflation fueled demand for the discount…
Same-old, Same-old, Japan Sticks To Forex Stance Even As Yen Slide Steepens
By Tetsushi Kajimoto and Daniel Leussink TOKYO (Reuters) -Japanese policymakers held fast to their usual line on yen weakness on…
Oil Prices Advance Despite U.S. Inventory Rise
By Ahmad Ghaddar LONDON (Reuters) -Oil prices rose on Wednesday, despite a likely rise in U.S. oil stocks, on the…
COVID Vaccine Rights Waiver Within Reach, WTO Chief Says Ahead Of Meeting
By Emma Farge GENEVA (Reuters) -An international agreement on waiving intellectual property rights for COVID-19 vaccines is within reach ahead…
Credit Suisse Flags Q2 Loss In Latest In String Of Profit Warnings
By Brenna Hughes Neghaiwi ZURICH (Reuters) – Credit Suisse warned on Wednesday of a likely second-quarter loss as volatility hit…
India’s central bank raises interest rate to fight inflation
NEW DELHI (AP) — India’s central bank on Wednesday raised its key interest rate to 4.9% from 4.4%, the second…
Pernod Ricard Banks On Digital Push To Boost Growth
By Dominique Vidalon PARIS (Reuters) -French spirits group Pernod Ricard said on Wednesday it was banking on its portfolio of…