By David Lawder and Hannah Lang WASHINGTON (Reuters) – The International Monetary Fund warned on Tuesday that lurking financial system vulnerabilities could erupt into a new crisis and slam glob[...]
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April 11, 2023
World stocks hope for Fed pause, dollar stalls
By Herbert Lash NEW YORK (Reuters) – A gauge of global stocks rose and bond yields edged higher on Tuesday as traders anticipate interest rates will soon peak even as the market bets that the U.[...]
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General Motors moves deeper into mining with EnergyX lithium investment
By Ernest Scheyder (Reuters) -General Motors Co on Tuesday said it will invest in lithium technology startup EnergyX as it expands further into the mining industry, the latest deal by the car maker to[...]
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HP must face shareholder lawsuit over sales, appeals court rules
(Reuters) -A U.S. appeals court on Tuesday revived a lawsuit alleging HP Inc defrauded shareholders by secretly using unprofitable tactics to boost sales of its printing supplies in 2015 and 2016. The[...]
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UK’s scandal-hit CBI fires director-general after complaints
By David Milliken and William Schomberg LONDON (Reuters) -The Confederation of British Industry said it had fired its director-general Tony Danker and suspended three others after an investigation int[...]
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Video gamers renew legal challenge to Microsoft’s Activision bid after setback
By Mike Scarcella (Reuters) -A group of video gamers on Monday filed a new legal challenge to Microsoft Corp’s $69 billion bid to buy “Call of Duty” maker Activision Blizzard Inc, af[...]
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Air Canada CFO Kazzaz to retire, ex-Bombardier exec Di Bert to take over
(Reuters) – Air Canada said on Tuesday that Chief Financial Officer Amos Kazzaz would retire at the end of June and be replaced by former Bombardier Inc executive John Di Bert. Kazzaz, who has b[...]
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Citi’s veteran M&A chief Mark Shafir to retire
By Anirban Sen and Mehnaz Yasmin (Reuters) – Mark Shafir, one of Citigroup Inc’s top dealmakers, is retiring after a career spanning over three decades during which he advised some of the[...]
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IMF warns deeper financial turmoil would slam global growth
By David Lawder WASHINGTON (Reuters) – The International Monetary Fund on Tuesday trimmed its 2023 global growth outlook slightly as higher interest rates cool activity but warned that a severe[...]
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