Business News

By Maiya Keidan and Divya Rajagopal TORONTO (Reuters) -Rogers Communications Inc’s long battle to buy smaller rival Shaw Communications Inc overcame a major hurdle after the Canada Competition Bureau dropped …

By Valerie Insinna and David Shepardson WASHINGTON (Reuters) -Boeing Co losses widened for 2022 on weakness in its defense unit as it warned of further supply chain issues, but the …

MILAN (Reuters) – Leading Telecom Italia (TIM) investors will resume talks with Italian government officials on Thursday seeking to fix the former phone monopoly’s woes once and for all. Crippled …

By Leroy Leo and Pratik Jain (Reuters) – Abbott Laboratories on Wednesday reported lower-than-expected medical device sales for the fourth quarter as COVID-19 curbs in China and supply-chain issues hit …

By Fabian Cambero SANTIAGO (Reuters) – Copper production in Chile, the world’s largest producer of the red metal, will grow at a slower rate this decade than previously hoped, a …

DUBLIN (Reuters) – Ireland’s central bank governor urged lawmakers on Wednesday to ban the advertising of crypto assets targetted at young adults, likening crypto not linked to any underlying assets …

By Ankika Biswas and Amruta Khandekar (Reuters) -European stocks slipped on Wednesday as lacklustre results from U.S. software giant Microsoft fanned fears about the outlook for the tech sector, while …

LONDON (Reuters) – Earnings from major European companies on Wednesday offered some reasons for optimism about the region’s corporate health, even as investors worry about the slowing global economy. Fourth-quarter …

(Reuters) -The New York Stock Exchange said on Wednesday a manual error triggered a technical issue that prevented the opening auctions in some listed stocks, leading to widespread confusion and …

By Akriti Sharma (Reuters) -Microsoft Corp said on Wednesday it had recovered all of its cloud services after a networking outage took down its cloud platform Azure along with services …

By Padraic Halpin DUBLIN (Reuters) -European Central Bank policymakers Joachim Nagel and Gabriel Makhlouf said on Wednesday they would not be surprised if interest rate increases continue into the second …

By Eva Mathews and Samrhitha A (Reuters) -AT&T Inc’s better-than-expected quarterly subscriber additions overshadowed a $25 billion non-cash charge related to the impact of higher interest rates on its businesses …

(Corrects to say report was issued by Moody’s Analytics, not Moody’s Investors Service) MEXICO CITY (Reuters) -Smaller emerging markets are no longer at risk of facing a stronger sovereign debt …

OTTAWA, Jan 25 (Reuters) – The Bank of Canada on Wednesday hiked its benchmark overnight interest rate by 25 basis points to 4.5%, its highest level in 15 years, and …

OTTAWA, Jan 25 (Reuters) – The Bank of Canada on Wednesday said growth would stall through the middle of this year and predicted that while inflation would come down faster …

By Hannah Lang (Reuters) -Crypto asset manager Grayscale Investments is gearing up for a prolonged legal fight with the U.S. Securities and Exchange Commission to create a spot bitcoin exchange-traded …

By Dawn Chmielewski, Greg Roumeliotis, Anirban Sen and Helen Coster (Reuters) -Rupert Murdoch on Tuesday withdrew a proposal to reunite News Corp and Fox Corp as the company is also …

(Reuters) – Britain’s competition regulator said on Wednesday it had started the first phase of an investigation into U.S. chipmaker Broadcom Inc’s $61 billion acquisition of cloud-computing firm VMware Inc. …

By Nathan Gomes (Reuters) – U.S. defense contractor General Dynamics Corp on Wednesday forecast lower-than-expected 2023 results, as the industry struggles with labor and supply shortages, though strong demand for …

(Reuters) – Digital Currency Group-owned Luno said on Wednesday it would cut 35% of its total workforce, the latest in a slew of companies in the digital assets sector to …

By Naomi Rovnick LONDON (Reuters) – A blazing rally in European stocks and government bonds has gone too far, the chief investment officer of the region’s largest asset manager said …

OTTAWA, Jan 25 (Reuters) – More women have joined the Canadian workforce recently, helping offset labor shortages, and one reason could be a program by Prime Minister Justin Trudeau’s government …

Imagine what would happen if the compressor in your fridge stopped functioning correctly. Yes, you’ll have rotten, spoiled food, water leaks, and mess when the ice in the freezer compartment …

(Reuters) – Transatlantic-exchange operator Nasdaq Inc reported fourth-quarter profits on Wednesday slightly below Wall Street estimates, as global economic uncertainty weighed on global asset values, dragging down indexing and initial …