-Morgan Stanley’s role in the collapse of Archegos Capital Management deepened a probe by U.S. authorities into Wall Street’s lucrative market for block trades, Bloomberg News reported, citing people with…
By Svea Herbst-Bayliss BOSTON – Jana Partners has nominated four directors to the board of Zendesk, arguing the company must be rehabilitated after an unpopular attempt to buy Momentive Global,…
By Helen Coster NEW YORK -ViacomCBS Inc missed Wall Street profit forecasts on Tuesday as the company announced it will change its name to Paramount and unveiled a broad range…
By Hyunjoo Jin SAN FRANCISCO – Alphabet Inc’s self-driving technology unit Waymo and truck fleet operator C.H. Robinson Worldwide Inc said on Wednesday they would team up to test automated…
RABAT – Morocco will spend 10 billion dirhams ($ 1.07 bln) on a national plan to mitigate the impact of drought on farmers and the economy, the royal palace said…
By Dominique Vidalon PARIS – Carrefour SA said on Wednesday it looked to 2022 with confidence after Europe’s largest food retailer delivered record free cash flow of 1.23 billion euros…
A woman who donated to the Freedom Convoy, a group of truckers and individuals protesting Canada’s vaccine mandates and COVID-19 restrictions, was forced to close her gelato store after her…
By Marcela Ayres BRASILIA -Brazil’s government is considering an income tax exemption for foreigners investing in domestic corporate bonds, hoping to lower financing costs for local firms at a time…
– Chinese businessman Guo Wengui, also known as Ho Wan Kwok, filed for individual bankruptcy protection in a U.S. bankruptcy court in Bridgeport, a court filing showed. Guo listed assets…
By Julie Gordon and David Ljunggren OTTAWA -The Bank of Canada will be nimble and potentially “forceful” in tackling uncomfortably high inflation, a senior official said on Wednesday, setting the…
WASHINGTON – U.S. import prices increased by the most in nearly 11 years in January amid a jump the cost of energy products and strained supply chains, the latest indication…
By Daniela Desantis ASUNCION – Paraguay’s soybean crushing industry will run out of beans to process by the middle of the year due to a drought hammering production, the country’s…
By Ana Mano SAO PAULO – A unit of Norwegian plant nutrition company Yara International ASA has acquired for an undisclosed sum a 14% stake in Brazilian online farm products…
By Helen Reid and Arunima Kumar – Barrick Gold Corp on Wednesday announced a share buyback of up to $1 billion as the miner’s fourth-quarter results beat analysts’ estimates following…
By Mimosa Spencer PARIS -When Gucci-owner Kering and Hermes report earnings this week, investors will be looking for signs that the big luxury fashion groups are confident that wealthy shoppers…
By Jody Godoy, Svea Herbst-Bayliss and Chris Prentice -U.S. short seller Carson Block is being probed by the Justice Department as part of a wide-ranging investigation into short-sellers and hedge…
By Nia Williams CALGARY, Alberta – Canada’s main oil-producing province of Alberta looks set to return to a budget surplus this coming fiscal year, ending seven years of deficit, as…
-The New York Stock Exchange has filed an application to register the term “NYSE” for a marketplace for non-fungible tokens (NFTs), taking a step closer to setting up an online…
By Nelson Bocanegra BOGOTA – Inflation estimates for Colombia this year rose and predictions of interest rate rises quickened among analysts polled in a central bank survey. The 40 analysts…
By Ann Saphir -Minneapolis Federal Reserve Bank President Neel Kashkari said Wednesday it’s ‘appropriate’ for the U.S. central bank to take steps to normalize monetary policy to deal with high…
By Liz Hampton DENVER -U.S. shale producer Devon Energy on Wednesday said it was anticipating a 15% rise in costs this year compared to 2021 due to inflation and supply…
By Michelle Price WASHINGTON – U.S. banks this week welcomed a regulatory proposal to incorporate climate change risks into their daily operations, yet said they opposed prescriptive risk management and…
By Sruthi Shankar and Shashank Nayar -European stocks made cautious gains on Wednesday, pushed higher by commodity-heavy stocks with Russia-Ukraine tensions in focus, while Swedish telecom firm Ericsson slumped after…
By Amruta Khandekar – Sage Therapeutics Inc’s drug helped improve depressive symptoms after three days in a late-stage study, but investor concerns over how long the treatment’s effect would last…
By Yousef Saba DUBAI -Turkey sold $3 billion in Islamic bonds on Wednesday, in its first U.S. dollar-denominated debt sale since September, before unorthodox rate-cutting despite high inflation sent the…