Stocks shed gains, Treasury yields jump as Fed signals rate hikes could come ‘soon’
By Pete Schroeder WASHINGTON (Reuters) – U.S. stocks retreated Wednesday, erasing strong gains, after the Federal Reserve signal..
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Business
Microsoft offers strong forecast, lifting shares
By Nivedita Balu and Jane Lanhee Lee (Reuters) -Microsoft Corp on Tuesday forecast revenue for the current quarter broadly ahead of Wa..
Business
Global share sell off pauses in Asia as investors await Fed policy update
By Stella Qiu and Alun John BEIJING (Reuters) – Asian share markets steadied on Wednesday after three sessions of losses as inve..
Business
Temasek to acquire Bridgepoint’s UK-based testing firm for $7 billion -sources
By Anshuman Daga SINGAPORE (Reuters) -Singapore’s Temasek Holdings has agreed to buy Element Materials Technology for about $7 b..
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China’s international flight suspensions leave travellers stranded, hurt businesses
By Stella Qiu and Jamie Freed BEIJING/SYDNEY (Reuters) – When Dwight Law’s father died in November, the Shanghai-based U.S..
Business
The Importance of a Holistic Brand Strategy
By Dangerfield and Fortune In 2021, brand strategy was the third largest spend within marketing budget — above analytics, research, an..
Business
Rio Tinto says output from $2.4 billion Serbia lithium project to be delayed
(Reuters) – Rio Tinto on Tuesday pushed back its timeline by a year to 2027 for first saleable production at its $2.4 billion Se..
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Oil rises to more than 7-year high on Mideast tensions
By Sonali Paul MELBOURNE (Reuters) – Oil prices rose on Tuesday to a more than seven-year high on worries about possible supply ..
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Central banks start turning off the cash taps
By Tommy Wilkes LONDON (Reuters) – As speculation grows about when the Federal Reserve will begin reducing the size of its balan..
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Facebook faces $3.2 billion UK class action over market dominance
By Kirstin Ridley LONDON (Reuters) – Social media giant Facebook, now known as Meta Platforms, faces a 2.3 billion pound plus ($..
Business