US retail spending slows as inflation starts to bite
NEW YORK (AP) — After beginning the year in a buying mood, Americans slowed their spending in February on gadgets,…
Starbucks CEO Johnson Retires As Pandemic Wanes, Union Drive Heats Up
By Hilary Russ NEW YORK (Reuters) – Starbucks Chief Executive Officer Kevin Johnson will retire on April 4, the company…
Most Of UK’s Largest Companies Have At Least One Ethnic Minority Board Member
By Simon Jessop LONDON (Reuters) – The majority of Britain’s top companies now have at least one ethnic minority board…
Howard Schultz returns to lead Starbucks on interim basis
Longtime Starbucks CEO Howard Schultz is returning to lead the company on an interim basis after the coffee giant’s current…
Merck To Pause Investments In Russia, Will Supply Essential Medicines
(Reuters) – Drugmaker Merck and Co said on Wednesday it would supply life-saving medicines and vaccines to Russia, but not…
London nickel trading suspended again after brief resumption
LONDON (AP) — Nickel trading in London was suspended Wednesday shortly after it resumed following a weeklong halt as the…
Drugmakers Condemn Plan For COVID Vaccine Patent Waiver
(Reuters) – Global drugmakers condemned on Wednesday an initiative by four World Trade Organization members to introduce an intellectual property…
EXPLAINER: What would a Russian bond default mean?
Ratings agencies say Russia is on the verge of defaulting on government bonds following its invasion of Ukraine, with billions…
Exclusive-ECB Tells Banks To Watch All Russian Clients In Widening Of Sanctions Net -sources
By Francesco Canepa and Jesús Aguado FRANKFURT/MADRID (Reuters) – European Union regulators have told some banks to scrutinise transactions by…
Explainer-Raskin’s Withdrawal From Fed Nomination Spells More Delays For Rule Changes
By Pete Schroeder WASHINGTON (Reuters) – Sarah Bloom Raskin’s decision Tuesday to withdraw her nomination as the Federal Reserve’s Wall…