By Howard Schneider (Reuters) -Federal Reserve officials at their last policy meeting said they still had faith that price pressures would ease at least slowly in coming months, but doubts emerged abo[...]
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May 22, 2024
Amazon.com investors reject all 14 outside proposals at meeting
By Greg Bensinger (Reuters) -Amazon.com investors voted against all 14 resolutions that asked the retailer to disclose more about its carbon emissions and its directors’ donations, and to form a[...]
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Petrobras says antitrust watchdog agreed to free company from asset sales
SAO PAULO (Reuters) -Brazilian state-run oil firm Petrobras said on Wednesday the country’s antitrust regulator Cade approved the new terms of an agreement that will free up the company from sel[...]
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US lawmakers advance bill to make it easier to curb exports of AI models
By Alexandra Alper WASHINGTON (Reuters) -The House Foreign Affairs Committee on Wednesday voted overwhelmingly to advance a bill that would make it easier for the Biden administration to restrict the[...]
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EEX, Nasdaq deal triggers EU concerns about bundled products, price hikes
By Foo Yun Chee BRUSSELS (Reuters) – EU antitrust regulators are seeking feedback on whether the European Energy Exchange (EEX) might expand its market power by bundling products when it buys Na[...]
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SocGen CEO: cross-border mergers between European banks are structurally unlikely
By Mathieu Rosemain PARIS (Reuters) – Cross-border mergers between European banks are structurally unlikely, Societe Generale CEO Slawomir Krupa said on Wednesday, a week after French President[...]
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Dollar higher against euro as Fed minutes support
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The dollar rose against the euro on Wednesday after minutes of the last Fed meeting showed officials acknowledging disappointment over recent inflation reading[...]
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Oil slips for a third straight day on prospect of US rates staying high
By Nicole Jao NEW YORK (Reuters) -Oil prices fell more than 1% on Wednesday, retreating for a third straight day, as Fed officials rekindled worries about oil demand when they indicated interest rate[...]
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Cancer victims sue Johnson & Johnson over ‘fraudulent’ bankruptcies
By Dietrich Knauth NEW YORK (Reuters) – A group of cancer victims sued Johnson & Johnson on Wednesday, accusing the healthcare company of committing fraud through repeated and continued effo[...]
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