Factbox-Reaction to UK’s energy support package for businesses
LONDON (Reuters) – Britain on Wednesday set out a support package for businesses to deal with soaring energy bills going into th..
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U.S. expects more banks will cut off Russian payment system Mir – senior official
WASHINGTON (Reuters) – Steps that Turkish lenders Isbank and Denizbank took to suspend the use of Russian payment system Mir mak..
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Big bank CEOs to sell lawmakers on relief, diversity efforts amid economic, regulatory challenges
By Pete Schroeder WASHINGTON (Reuters) -JPMorgan Chase & Co Chief Executive Jamie Dimon will warn Congress of economic “stor..
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ECB’s Lagarde raises prospect of rate hikes beyond neutral level
FRANKFURT (Reuters) -The European Central Bank may need to raise interest rates to a level that restricts economic growth in order to ..
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YouTube in challenge to TikTok to give Shorts creators 45% of ad sales
By Dawn Chmielewski and Paresh Dave LOS ANGELES (Reuters) -YouTube unveiled a new way for creators to make money on short-form video, ..
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Investment banks’ trading revenue likely to shrink, Barclays boss says
By Sinead Cruise and Iain Withers LONDON (Reuters) – Investment banks are likely to be hit by a dip in trading revenue next year..
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Elon Musk faces skeptics as Tesla gets ready to unveil ‘Optimus’ robot
By Hyunjoo Jin SAN FRANCISCO (Reuters) -Tesla Chief Executive Elon Musk blamed overreliance on factory robots for sending the electric..
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IKEA’s restaurants has more than halved food waste since 2017
STOCKHOLM (Reuters) – IKEA, which as well as being the largest furniture brand also runs one of the world’s biggest restau..
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U.S. dollar gains ahead of Fed; Swedish crown falls after hike
By Alun John and Gertrude Chavez-Dreyfuss LONDON/NEW YORK (Reuters) – The dollar rose on Tuesday, trading near a two-decade high..
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In Germany, energy price shock triggers fears of insolvency wave
By Marta Orosz and Alexander Hübner FRANKFURT/MUNICH (Reuters) – Hakle has been a German household name since 1928, but the Dues..
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