By Byron Kaye and Roushni Nair (Reuters) -Australia’s bank regulator on Friday raised the amount of spare cash that No. 3 lender ANZ must keep on hand due to suspected wide-ranging misconduct at[...]
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Canada moves to end rail shutdown quickly; CN workers to return to work
By David Ljunggren and Promit Mukherjee OTTAWA (Reuters) -Workers at Canadian National Railway will begin returning to work on Friday, the Teamsters union said, hours after the Canadian government mov[...]
Read moreNestle replaces CEO Schneider with company veteran Freixe
By John Revill and Richa Naidu ZURICH/LONDON (Reuters) – Nestle is replacing CEO Mark Schneider with company veteran Laurent Freixe, the Swiss food group said on Thursday, marking a change of le[...]
Read moreAlibaba to upgrade Hong Kong listing in a bid to attract Chinese investment
(Reuters) -Shareholders of Chinese e-commerce giant Alibaba have approved a plan to upgrade its Hong Kong listing to primary status, the company said on Friday, a move that is expected to attract huge[...]
Read moreAs 7-Eleven’s Japan owner weighs a bid, U.S. fans crave ‘conbini’ food
By Rocky Swift and Maki Shiraki TOKYO (Reuters) -Seven & i Holdings turned the humble 7-Eleven store into a popular food destination in Japan by serving up fresh sandwiches, rice balls and rows of[...]
Read moreStocks decline and dollar rebounds as Fed readies rate cuts
By Lawrence Delevingne (Reuters) -Stocks fell and the dollar gained on Thursday as traders digested fresh economic data and awaited confirmation from the U.S. Federal Reserve on Friday that it will so[...]
Read moreWall St ends lower as tech shares weigh; Jackson Hole in focus
By Stephen Culp NEW YORK (Reuters) -All three major U.S. stock indexes lost ground on Thursday, weighed by technology shares, as Treasury yields rose on easing recession fears and global central bank[...]
Read moreSkydance asks Paramount to stop negotiating with Bronfman, WSJ reports
(Reuters) -Skydance Media is accusing Paramount Global’s special committee of directors of breaching the terms of its deal by extending the period of time when it can engage with other bidders,[...]
Read moreGM’s Cruise to offer robotaxis on Uber’s platform from next year
By Juby Babu and Abhirup Roy SAN FRANCISCO (Reuters) -Cruise will offer its autonomous vehicles on ride-hailing platform Uber starting next year, the companies said on Thursday, as the General Motors-[...]
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