H&M leads Europe’s STOXX 600 higher, rate hike jitters weigh
By Amruta Khandekar, Matteo Allievi, Bansari Mayur Kamdar (Reuters) -European shares edged higher on Thursday with Swedish retailer H&M rallying…
Biden admin has been discussing possible executive action on affirmative action – source
WASHINGTON (Reuters) – President Joe Biden’s administration has in recent weeks been discussing possible executive actions he could take in…
Stellantis puts Michigan plants in ‘critical status’ ahead of union talks
By Bianca Flowers (Reuters) – Carmaker Stellantis will require union employees to work mandatory overtime at its Warren Truck assembly…
Five doctors backing the US legal case against the abortion pill
By Tom Hals WILMINGTON, Delaware (Reuters) – A legal case making its way through the courts could remove the abortion…
Lebanon economic crisis worsened by vested interests, IMF says
By Maya Gebeily BEIRUT (Reuters) -Lebanon’s financial crisis has been aggravated by vested interests resisting crucial reforms, the International Monetary…
Audi names Volkswagen strategy chief Doellner as new CEO
FRANKFURT (Reuters) -Volkswagen’s Audi named the German group’s strategy chief as its new CEO on Thursday, as the luxury carmaker…
Sri Lanka targets 30% haircut for international, domestic dollar bonds
By Uditha Jayasinghe COLOMBO (Reuters) -Sri Lanka is asking international bondholders to take a 30% haircut and is seeking similar…
H&M shares jump 17% as summer collection boosts profit
By Marie Mannes STOCKHOLM (Reuters) -Fashion retailer H&M’s shares jumped more than 17% on Thursday after its second-quarter profit beat…
Factbox-Who’s who in the Supreme Court’s affirmative action cases
By Gabriella Borter (Reuters) – The U.S. Supreme Court on Thursday struck down race-conscious admissions policies at Harvard University and…
White House’s Brainard sees ‘every reason’ to believe inflation going down
WASHINGTON (Reuters) – U.S. President Joe Biden’s chief economic adviser on Thursday expressed confidence that inflation would continue to improve…