By Sinéad Carew and Ankika Biswas (Reuters) – Wall Street’s three main stock indexes closed higher on Wednesday for their biggest daily gains so far in December with help from upbeat Nike[...]
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December 21, 2022
Alphabet links more of CEO Pichai’s pay to performance
(Reuters) – Google-parent Alphabet Inc said on Wednesday it had approved a new equity award for Chief Executive Officer Sundar Pichai that ties more of his pay to performance. The board recogniz[...]
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Champagne makers celebrate record sales ahead of Christmas
REIMS, France (Reuters) – Champagne sales are expected to reach a new record this year, despite inflation that could have made consumers shun the expensive bubbly, producers said ahead of the st[...]
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German cartel office ends proceedings against Google News Showcase
BERLIN (Reuters) – Germany’s cartel office has concluded proceedings against Google over its online news service after the tech giant made several changes benefiting publishers, the office[...]
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Marketmind: Will Indonesia follow the Fed?
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. A decent sprinkling of regional economic data and a monetary policy decision in Indonesia should give[...]
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Airbus pledges deeper industrial ties with India
(Corrects to remove word “just” in paragraph 7) PARIS (Reuters) – Airbus plans to deepen its industrial presence in India, Chief Executive Guillaume Faury said on Wednesday after mee[...]
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TuSimple to lay off 25% of workforce
(Reuters) -TuSimple Holdings Inc said on Wednesday it will lay off 25% of its workforce, or nearly 350 employees, as the self-driving truck company seeks to chart a course out of the economic upheaval[...]
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Bombardier CEO voices concerns over awarding Canada’s defense contract to Boeing
(Reuters) – Bombardier Inc Chief Executive Eric Martel voiced concerns over Canada’s potential plan to buy reconnaissance jets directly from Boeing Co instead of tapping its home-grown aer[...]
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Elon Musk expects Twitter to be ‘cash flow break-even’ next year
By Sheila Dang (Reuters) -Elon Musk said Twitter Inc is now on track to be “roughly cash flow break-even” next year, as the billionaire owner defended his deep cost-cutting measures at the[...]
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