By Valerie Volcovici WASHINGTON (Reuters) – Public relations firms go beyond their traditional task of marketing to help their oil and gas clients fight off climate policies and mislead the…
(This Sept. 13 story refiles to clarify description of efficiency ratio in second paragraph) By Mehnaz Yasmin (Reuters) – Wall Street banks look set to report better efficiency ratios in…
MILAN (Reuters) – Eyewear maker EssilorLuxottica extended its partnership with Armani in a sign of continuity on Wednesday as it held its first capital markets day since the death of…
By Anirban Sen and Sam Nussey TOKYO (Reuters) -Japan’s SoftBank Group Corp is considering launching a third Vision Fund, likely using its own capital, a source familiar with the matter…
By Jonathan Landay WASHINGTON (Reuters) -The United States on Wednesday announced that it would transfer $3.5 billion in Afghan central bank assets into a new Swiss-based trust fund that will…
By Ankika Biswas and Devik Jain (Reuters) – U.S. stock indexes edged higher on Wednesday following a sharp selloff in the previous session after red-hot inflation data fanned worries about…
By Foo Yun Chee LUXEMBOURG (Reuters) – Google suffered one of its biggest setbacks on Wednesday when a top European court upheld a ruling that it broke competition rules and…
By Fergal Smith TORONTO (Reuters) – As investors weigh how much further the Bank of Canada will tighten, the level of underlying inflation is likely to be a better signpost…
SAO PAULO (Reuters) -Brazil’s retail sales fell in July from June, government statistics agency IBGE said on Wednesday, marking the third consecutive monthly slump. Retail sales volume fell 0.8% from…
(Reuters) -Comcast Corp and Johnson & Johnson on Wednesday unveiled buybacks worth billions of dollars as they joined a rush of U.S. companies seeking to avoid a new tax on…
By Kate Abnett and Tom Käckenhoff BRUSSELS/DUESSELDORF (Reuters) -The European Union’s executive outlined plans on Wednesday to raise more than $140 billion from energy firms to help shield households and…
By Foo Yun Chee LUXEMBOURG (Reuters) – Google’s court defeat on Wednesday is set to strengthen EU antitrust regulators’ hand against Big Tech as they roll out landmark rules next…
(Reuters) -Walmart Inc’s fintech startup will start offering digital bank accounts to thousands of workers and a small percentage of its online customers in the coming weeks as part of…
By Tom Käckenhoff and Emma-Victoria Farr DUESSELDORF/FRANKFURT (Reuters) -Germany’s Uniper said on Wednesday the government might take a controlling stake in the company as the ailing gas importer seeks further…
By Lucia Mutikani WASHINGTON (Reuters) – U.S. producer prices fell for second straight month in August as the cost of gasoline declined further, resulting in the smallest annual increase in…
BRUSSELS (Reuters) – The European Union will propose measures to cap revenues from low-cost electricity generators and force fossil fuel firms to share the profits they make from soaring energy…
By Giulio Piovaccari MILAN (Reuters) – Ferrari unveiled on Tuesday its first SUV, the 390,000 euro ($397,000), 12-cylinder Purosangue, aimed at super-rich drivers still not ready to go all-electric. While…
(Reuters) – Canadian factory sales fell 0.9% in July from June, mainly due to decreases in primary metal industries and petroleum and coal products, Statistics Canada said on Wednesday. It…
By Noah Browning LONDON (Reuters) – Global oil demand growth will rebound strongly next year as China eases COVID lockdowns, the International Energy Agency (IEA) said on Wednesday, adding that…
By Kate Abnett BRUSSELS (Reuters) -The European Union’s executive plans to raise more than 140 billion euros ($140 billion) to soften the blow to consumers from soaring energy prices by…
By Rowena Edwards LONDON (Reuters) -Oil prices edged lower on Wednesday on demand concerns raised by the prospect of further increases to interest rates in an effort to tackle rising…
MILAN (Reuters) -UniCredit Chief Executive Andrea Orcel said focusing on capital generation was the right strategy for the Italian bank as its shareholders on Wednesday approved a 1 billion euro…
BEIJING (Reuters) -China will extend tax relief for some small firms, including manufacturers, and offer low-cost loans to support equipment upgrades by companies, state media on Wednesday quoted the cabinet…
BEIRUT (Reuters) – Savers held up two banks in Lebanon on Wednesday to demand access to their own deposits frozen in the country’s paralysed financial system, underlining desperation among citizens…
PARIS (Reuters) -Air France on Wednesday announced it would raise salaries for all staff categories by a total of 5% in anticipation of wage talks due next year, and make…