Russia cuts off natural gas supply to Denmark, company says
COPENHAGEN, Denmark (AP) — Denmark’s largest energy company said Russia cut off its gas supply Wednesday because it refused to…
Michael Kors Owner Capri Raises Full-year Profit Forecast
(Reuters) – Michael Kors owner Capri Holdings Ltd raised its full-year profit forecast on Wednesday, signaling robust demand for its…
Binance’s Venture Capital Arm Raises $500 Million Fund To Invest In Web3, Blockchain
(Reuters) – Binance Labs, the venture capital arm of cryptocurrency exchange Binance, said on Wednesday it had raised $500 million…
U.S. Cinemark’s Movie Plan Draws A Million Subscribers
By Lisa Richwine LOS ANGELES (Reuters) – Cinemark Holdings Inc has signed up 1 million paying subscribers to its Movie…
Germany’s Scholz seeks broad alliance to curb inflation
BERLIN (AP) — German Chancellor Olaf Scholz said Wednesday he wants to join employers and labor unions in a “concerted…
Stocks Squeeze Out Slim Gains, Dollar Climbs As Inflation Soars
By Tom Wilson and Tom Westbrook LONDON/SINGAPORE (Reuters) – European stocks made slim gains on Wednesday, with the dollar strengthening…
European Shares Slip As Weak Economic Data Heightens Growth Worries
By Susan Mathew (Reuters) -European shares gave up early gains on Wednesday as weak German retail sales and slowing factory…
Fidelity’s Crypto Unit To Double Down On Hiring This Year (May 31)
(Correct second paragraph to say Fidelity Digital Assets plans to fill 210 new positions, and not 110 as previously reported)…
Volkswagen’s Race With Tesla Will Be Tight, Diess Says
BERLIN (Reuters) – Tesla works at twice the industry pace in many processes but still needs to ramp up highly…
Deutsche Bank subsidiary CEO resigns after greenwashing raid
BERLIN (AP) — Deutsche Bank subsidiary DWS said Wednesday that its chief executive is resigning, hours after authorities raided its…