Maersk warns of slower demand for container shipping
By Jacob Gronholt-Pedersen COPENHAGEN (Reuters) – Shipping group A.P. Moller-Maersk warned on Friday of a steeper decline in global demand…
Google-parent Alphabet offloads nearly 90% stake in trading app Robinhood
By Niket Nishant (Reuters) -Google-parent Alphabet said on Friday it had slashed its stake in Robinhood Markets by nearly 90%,…
Putin signs law on windfall tax
(Reuters) – President Vladimir Putin has signed a law introducing a windfall tax on excess profits of Russian companies, which…
Meme stock Tupperware jumps as debt restructuring deal fires up retail army
By Medha Singh and Savyata Mishra (Reuters) -Shares of Tupperware Brands surged 44% on Friday, after the kitchen storage container…
Explainer-Charting the Fed’s policy path
(Reuters) – Investors are increasingly of a mind that the U.S. Federal Reserve has delivered the final installment of what…
Jailed Russian opposition politician Navalny gets 19 more years in prison, says his team
MELEKHOVO, Russia (Reuters) -Jailed Russian opposition politician Alexei Navalny was sentenced on Friday to an additional 19 years in prison…
Canada’s Ivey PMI shows activity contracting in July
TORONTO (Reuters) – Canadian economic activity contracted in July for the first time in seven months as a measure of…
Ukrainian drone disables Russian warship near Russia’s Novorossiysk port
By Tom Balmforth (Reuters) -A Russian warship was seriously damaged in an overnight Ukrainian naval drone attack on Russia’s Black…
United Airlines buying land in Denver as it pursue growth strategy
By David Shepardson and Rajesh Kumar Singh (Reuters) – United Airlines on Friday said it is spending $33 million to…
Analysis-While AI takes the spotlight, infrastructure stocks shine
By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stocks have rallied this year, largely on the back of companies with…