By Karin Strohecker and Vincent Flasseur LONDON (Reuters) – Major central banks resumed their quest to ramp up interest rates in February after a tepid start to the year with price pressures pro[...]
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March 2, 2023
ECB’s Wunsch: Rate of 4% can’t be excluded if core inflation stays high
BRUSSELS (Reuters) – The European Central Bank could consider raising its key interest rate as high as 4% if underlying inflation in the euro zone remains persistently high, ECB Governing Counci[...]
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Walmart CEO plans to stay in role for at least three more years – WSJ
(Reuters) – Walmart Inc Chief Executive Doug McMillon, 56, plans to helm the country’s largest retailer for at least three more years as the company continues work to identify a successor,[...]
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Dollar firms after U.S. labor data suggests more rate hikes
By Herbert Lash and Joice Alves NEW YORK/LONDON (Reuters) – The dollar strengthened on Thursday after unemployment claims pointed to a still strong U.S. jobs market and other data showed growing[...]
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Exclusive-Microsoft set to win EU nod on Activision with licensing offer, sources say
By Foo Yun Chee BRUSSELS (Reuters) -Microsoft Corp is expected to secure EU antitrust approval for its $69 billion acquisition of Activision with its offer of licensing deals to rivals, three people f[...]
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Biden and EU’s von der Leyen to meet amid subsidies dispute
(Reuters) – European Commission President Ursula von der Leyen will discuss clean energy and supply chains with President Joe Biden in Washington on March 10, the White House said, as European n[...]
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US Justice Dept wants execs to foot bill for corporate misconduct
By Chris Prentice and Karen Freifeld MIAMI (Reuters) -The U.S. Justice Department is rolling out a new policy aimed at pushing the cost of corporate crime into the pockets of executives, the latest in[...]
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US Commerce chief urges chip companies to begin environmental reviews
By David Shepardson WASHINGTON (Reuters) – Commerce Secretary Gina Raimondo said on Thursday semiconductor chip companies seeking U.S. government funding should move quickly on environmental rev[...]
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Warner Music, rock band Jesus and Mary Chain end U.S. copyright lawsuit
By Blake Brittain (Reuters) – Warner Music Group Corp and Scottish rock band The Jesus and Mary Chain have agreed to end a lawsuit over the band’s attempt to terminate the music label[...]
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