Amazon’s iRobot deal in EU antitrust crosshairs
By Foo Yun Chee BRUSSELS (Reuters) -Amazon’s $1.7 billion acquisition of robot vacuum cleaner maker iRobot may reduce competition and…
UBS overhauls leadership at wealth management division
ZURICH (Reuters) -UBS’s flagship global wealth management business on Thursday announced a raft of management changes triggered by the Swiss…
UK house building slumps as interest rates rise
By David Milliken and Andy Bruce LONDON (Reuters) -British house building fell in June at the sharpest pace in more…
BoC to raise rates 25 bps on July 12, possibly the last: Reuters poll
By Milounee Purohit BENGALURU (Reuters) – The Bank of Canada will raise interest rates by a quarter-point for a second…
Record ocean temperatures lift Atlantic hurricane outlook
(Reuters) -Forecasters at Colorado State University for a second time raised their estimate for tropical storms during this year’s Atlantic…
Small U.S. homebuilders tap the brakes as credit squeeze, rising rates hurt
By Ananta agarwal (Reuters) – Small U.S. homebuilders are backing off from bringing more houses to the market, discouraged by…
Pfizer makes equity investment in Caribou Biosciences
(Reuters) – Pfizer has invested $25 million to buy a minority stake in Caribou Biosciences, making it the latest small…
US labor market shows resilience on eve of June’s employment report
By Lucia Mutikani WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits increased moderately last week,…
Goldman Sachs says rising EV usage to power higher copper demand
(Reuters) – Goldman Sachs said rising usage of electric vehicles (EV) was a “key pillar of copper’s bullish story”, forecasting…
Mercenary chief Prigozhin back in Russia, Belarus’s Lukashenko says
By Guy Faulconbridge MINSK (Reuters) -Belarusian President Alexander Lukashenko said on Thursday that the mutinous chief of Russia’s Wagner group…