By Promit Mukherjee, Ismail Shakil OTTAWA (Reuters) -Canadian businesses expect interest rates to come down by as much as 100 basis points over the next year but their willingness to invest is below a[...]
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July 15, 2024
PayPal fined $27.3 million by Polish watchdog for ambiguous clauses
WARSAW (Reuters) – Poland’s antitrust and consumer protection watchdog imposed a fine of 106.6 million zlotys ($27.3 million) on PayPal Europe for failing to spell out to consumers in its[...]
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China asks WTO to set up panel for US electric vehicle subsidies dispute
BEIJING (Reuters) – China has requested the World Trade Organization set up an expert panel to help settle a dispute over electric vehicles subsidies under the U.S. Inflation Reduction Act, the[...]
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KKR-backed OneStream seeks $4.38 billion valuation in US IPO
(Reuters) – OneStream Software, which is backed by private equity firm KKR, is targeting a valuation of about $4.38 billion in its U.S. initial public offering. The software firm and its selling[...]
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Powell opens key week of Fedspeak as rate cut case develops
By Howard Schneider WASHINGTON (Reuters) – Federal Reserve Chair Jerome Powell on Monday kicks off what is shaping up as a key week of commentary from U.S. central bank officials taking stock of[...]
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Airbus and Thales explore tie-up of space activities, sources say
By Tim Hepher, Giulia Segreti and Tassilo Hummel PARIS (Reuters) – European aerospace groups Airbus and Thales are exploring a tie-up of some space activities as new competition disrupts the sec[...]
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Google parent in talks to buy cybersecurity startup Wiz for $23 billion
By Milana Vinn and Steven Scheer NEW YORK (Reuters) -Google parent Alphabet is in advanced talks to acquire cybersecurity startup Wiz for roughly $23 billion, a person familiar with the matter said on[...]
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Cleveland-Cliffs to buy Canadian steelmaker Stelco for $2.8 billion
By Aatreyee Dasgupta and Nathan Gomes (Reuters) -Cleveland-Cliffs will buy Canadian steelmaker Stelco Holdings for C$3.85 billion ($2.8 billion), it said on Monday, marking its first acquisition since[...]
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Union workers at downsizing tractor factory weigh Biden vs. Trump
By Timothy Aeppel RACINE, Wisconsin (Reuters) – For workers at CNH Industrial’s sprawling tractor plant just outside Racine, Wisconsin, debate over whether President Joe Biden or former Pr[...]
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