Mercedes-Benz raises profit outlook as higher prices boost margins
(Reuters) -Mercedes-Benz on Wednesday raised its full-year forecast for operating profit, on the back of higher prices that helped the…
Updated
Canada’s Trudeau unveils major cabinet shuffle as poll numbers sag
By Steve Scherer and David Ljunggren OTTAWA (Reuters) -Canadian Prime Minister Justin Trudeau shuffled much of his cabinet on Wednesday…
JPMorgan to buy almost $2 billion of mortgages in the PacWest deal – source
(Reuters) -JPMorgan Chase & Co will buy almost $2 billion worth of mortgages to facilitate Banc of California’s purchase of…
U.S. urges appeals court to lift curbs on social media contacts
By Brendan Pierson (Reuters) – The Biden administration has asked a federal appeals court to lift an order sharply curbing…
Brazil’s finance minister expects interest to fall to ‘at least’ 12% by year-end
BRASILIA (Reuters) – Brazil’s Finance Minister Fernando Haddad said on Wednesday he expects the basic interest rate to fall to…
First delivery of Boeing 737 MAX 7 delayed to 2024 -US SEC filing
By Valerie Insinna and David Shepardson (Reuters) – Boeing’s first delivery of the 737 MAX 7 has been delayed to…
Oil falls 1% after Fed rate hike, smaller-than-expected US crude stockdraw
By Arathy Somasekhar HOUSTON (Reuters) – Oil prices fell about 1% on Wednesday, after data showed U.S. crude inventories fell…
Bank of Canada discussed delaying rate hike at last meeting -minutes
By Steve Scherer and David Ljunggren OTTAWA (Reuters) -The Bank of Canada discussed delaying a hike to its key overnight…
Factbox-U.S. state abortion legislation to watch in 2023
By Gabriella Borter and Sharon Bernstein (Reuters) – State legislatures are wrestling with how much to restrict or expand abortion…
Hunter Biden judge says can’t accept plea deal in surprise turn
By Jack Queen WILMINGTON, Delaware (Reuters) -U.S. President Joe Biden’s son Hunter Biden’s proposed deal with prosecutors to plead guilty…