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(Reuters) – CAE Inc shares listed in Toronto and in the United States tumbled more than 16% on Wednesday after the world’s largest civil aviation training company’s quarterly profit missed …

By John McCrank NEW YORK – The dollar fell broadly on Wednesday following a cooler-than-expected U.S. inflation report for July that raised expectations of a less aggressive interest rate hike …

LONDON – Britain’s Deliveroo said it would quit the Netherlands after failing to gain a strong local position, as it reported a larger pretax loss in “challenging market conditions” in …

By Samuel Shen and Xie Yu SHANGHAI/HONG KONG – Global fund managers holding U.S.-listed Chinese stocks are steadily shifting towards their Hong Kong-traded peers, even as they remain hopeful Beijing …

(This Aug 9 story corrects Rebecca Kleefisch’s title to show she is a former, not current, lieutenant governor) By Joseph Ax (Reuters) – Republican voters in Wisconsin and Minnesota on …

By Katanga Johnson WASHINGTON -The U.S. Securities and Exchange Commission (SEC) on Wednesday proposed a rule to improve the quality of disclosures it receives from large hedge funds about their …

By Pete Schroeder and Katanga Johnson WASHINGTON – U.S. Republican lawmakers are preparing a crackdown on the U.S. consumer and securities watchdogs in the expectation they will gain control of …

By Ann Saphir (Reuters) -Minneapolis Federal Reserve Bank President Neel Kashkari on Wednesday said he is sticking to his view that the U.S. central bank will need to raise its …

(Reuters) – Facebook-parent Meta Platforms Inc said on Tuesday it had raised $10 billion in its first-ever bond offering, as it looks to fund share buybacks and investments to revamp …

By Timothy Gardner SHEBOYGAN, Wisc. – Travel brochures in Sheboygan, Wisconsin, tout the town’s beaches on Lake Michigan as the Malibu of the Midwest. But pages of glossy photos leave …

WASHINGTON -U.S. President Joe Biden on Wednesday said that inflation is showing signs of moderating but that more work is needed to make consumers’ lives easier. “We’re seeing some signs …

By Kirstin Ridley LONDON – An investment manager of a collapsed 100-million-pound ($121 million) Cayman Islands-based legal financing fund was on Wednesday convicted by a London jury of fraudulent trading, …

By Ross Kerber (Reuters) – Florida’s governor wants pension plans in conservative U.S. states to band together to fight shareholder initiatives on issues like climate change and diversity, but the …

By Duncan Miriri and Ayenat Mersie NAIROBI/ELDORET – Preliminary results from Kenya’s presidential election showed a tight race between the two main candidates vying to replace President Uhuru Kenyatta, with …

(Reuters) -Global commodities trader Cargill Inc on Tuesday reported that its fiscal year 2022 revenue jumped 23% from a year earlier to a record $165 billion. The strong result was …

By Lindsay Dunsmuir (Reuters) – U.S. consumer prices were unchanged in July due to a sharp drop in the cost of gasoline, delivering the first notable sign of relief for …

By Ann Saphir (Reuters) -Wednesday’s consumer price index report showing U.S. inflation didn’t accelerate in July was the first “positive” reading on price pressures since the Federal Reserve began tightening …

By Dietrich Knauth (Reuters) -Walgreens Boots Alliance contributed to the opioid epidemic in San Francisco through its sale of prescription drugs in the city, a federal judge concluded on Wednesday. …

By Bhargav Acharya (Reuters) – African e-commerce firm Jumia Technologies said on Wednesday it was past peak losses and would focus on promotions, marketing and cost cutting in its quest …

By Hannah Lang (Reuters) – San Francisco-based blockchain payments company Ripple Labs Inc, which is embroiled in a high-profile battle with the U.S. securities regulator, is interested in potentially purchasing …

By Julia Payne and Marwa Rashad LONDON – Top U.S. gas exporter, Freeport LNG, has retracted the force majeure it initially declared after an explosion in June, a development that …

(Reuters) – Russian steel producer Evraz said on Wednesday it was launching a process to solicit proposals for the acquisition of its North American subsidiaries. The sale will help unlock …

By Shreyashi Sanyal (Reuters) -European shares rose on Wednesday in a sharp reversal from earlier in the session with data showing a slower-than-expected rise in U.S. inflation last month providing …

By Sam Nussey TOKYO -SoftBank Group Corp said on Wednesday it would book a gain of $34.1 billion by cutting its stake in Alibaba Group Holding, as the investment behemoth …