Wells Fargo CEO says there will be losses in office loan portfolio
By Nupur Anand and Saeed Azhar NEW YORK (Reuters) -Wells Fargo & Co’s Chief Executive Officer Charlie Scharf said on…
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National Bank of Canada misses profit estimates as bad loans provisions rise
(Reuters) – National Bank of Canada missed analysts’ earnings estimates on Wednesday, hurt by higher costs and money set aside…
Jaguar Land Rover recalling I-PACE vehicles in US over fire risks
By David Shepardson WASHINGTON (Reuters) -Jaguar Land Rover (JLR) said it was recalling nearly 6,400 I-PACE vehicles in the United…
Analysis-US debt deal’s energy permitting reforms leave thorniest issues for later
By Valerie Volcovici and Timothy Gardner WASHINGTON (Reuters) – The bipartisan U.S. debt deal’s provisions to speed up energy infrastructure…
German family-owned Schmid Group aims for SPAC listing on NYSE
By Emma-Victoria Farr FRANKFURT (Reuters) – Germany’s Schmid Group said on Wednesday it plans to list in New York via…
Environmental platform urges more than 1,600 high-emitting firms to disclose data
LONDON (Reuters) – More than 1,600 companies identified by non-profit platform CDP as having the biggest impact on the environment…
Major incidents of gun violence in the US in 2023
(Reuters) -U.S. health and advocacy groups have declared June 2 as National Gun Violence Awareness Day. People are asked to…
HP Enterprise shares fall as dull forecast fuels fears of slowing demand
By Samrhitha A (Reuters) – Shares of Hewlett Packard Enterprise Co slumped more than 10% on Wednesday as its lackluster…
Michael Kors owner Capri cuts revenue forecast as US demand wavers
By Savyata Mishra (Reuters) -Michael Kors parent Capri Holdings Ltd on Wednesday cut its annual sales forecast as demand for…
German inflation drops to lowest level in more than a year
By Maria Martinez BERLIN (Reuters) -Germany on Wednesday joined a list of major euro zone economies reporting a bigger than…