By Tom Wilson and Angus Berwick LONDON (Reuters) -Binance founder Changpeng Zhao could never be accused of thinking small. Even back in 2017, the year he launched the business in China, he had towerin[...]
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March 28, 2023
Starbucks bargains in good faith, ex-CEO Schultz to tell lawmakers
By David Shepardson and Hilary Russ WASHINGTON/NEW YORK (Reuters) -Former Starbucks Chief Executive Howard Schultz will defend the company’s labor talks before a U.S Senate committee on Wednesda[...]
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Canada to ramp up clean-tech push in budget to level playing field with US
By Steve Scherer OTTAWA (Reuters) -Canadian Finance Minister Chrystia Freeland on Tuesday will present this year’s budget, which will have a major focus on scaling up investment in clean technol[...]
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Microsoft’s Activision deal will not harm competition -Japan watchdog
TOKYO (Reuters) -Japan’s antitrust watchdog said on Tuesday it did not expect a merger between Microsoft Corp and Activision Blizzard to stifle competition, helping clear the way for the Xbox ma[...]
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Stop insuring carbon projects ‘immediately’, activists tell bosses
By Tom Sims and Simon Jessop FRANKFURT/LONDON (Reuters) -A group of climate activists has called on 30 insurance company bosses to “immediately” stop underwriting new fossil fuel projects[...]
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UniCredit gets ECB approval for 3.34 billion euro share buyback
MILAN (Reuters) – UniCredit said on Tuesday it had received supervisory approval to buy back its own shares for up to 3.34 billion euros ($3.6 billion), giving a boost to the stock price at a ti[...]
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NY Fed finds broad retreat in Americans’ expected pace of home price increases
By Michael S. Derby NEW YORK (Reuters) – Americans’ expectations for home price increases over the next year moderated sharply in a new report on the outlook for the housing sector, released Tue[...]
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BP, ADNOC offer to buy 50% of Israel’s NewMed Energy
By Ron Bousso LONDON (Reuters) – BP and Abu Dhabi’s state oil giant on Tuesday offered to jointly acquire 50% of Israeli offshore natural gas producer NewMed Energy for around $2 billion,[...]
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Banking rebound remains fragile as regulators review response to failures
By Sruthi Shankar and Francesco Canepa (Reuters) -Investor confidence in the banking sector remained fragile on Tuesday, with the European Central Bank (ECB) saying recent volatility highlighted the n[...]
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