Business

Australia drops landmark criminal cartel case against Citi, Deutsche

Australia drops landmark criminal cartel case against Citi, Deutsche

By Byron Kaye and Scott Murdoch SYDNEY (Reuters) -Australia on Friday withdrew a cartel lawsuit against Citigroup Inc, Deutsche Bank A..

Volvo Cars Q4 profit lags forecasts

Volvo Cars Q4 profit lags forecasts

STOCKHOLM (Reuters) – Volvo Cars reported on Friday quarterly earnings below expectations, and said it expected to continue grow..

How the pandemic set the 2022 ecommerce agenda

How the pandemic set the 2022 ecommerce agenda

Jim Herbert, VP for EMEA, BigCommerce During the pandemic, businesses and consumers were forced to adapt. The result has b..

Overlaps between firms can lead to both cooperation and competition

Overlaps between firms can lead to both cooperation and competition

Technological overlap increases a firm’s invention performance, whilst product market overlap decreases it, finds new research f..

German retail slump highlights COVID roadblocks to recovery

German retail slump highlights COVID roadblocks to recovery

By Zuzanna Szymanska BERLIN (Reuters) -A big fall in German retail sales as COVID-19 curbs kept people out of shops over the usually b..

Dollar gains as Wall Street retreats on future Fed hikes

Dollar gains as Wall Street retreats on future Fed hikes

By Pete Schroeder WASHINGTON (Reuters) – U.S. stocks retreated on Thursday after a solid opening, while the dollar gained as inv..

Asian shares slump as Powell warns on inflation

Asian shares slump as Powell warns on inflation

By Andrew Galbraith SHANGHAI (Reuters) – Asian shares fell to their lowest in more than 14 months, short-term U.S. yields rose t..

Stocks shed gains, Treasury yields jump as Fed signals rate hikes could come ‘soon’

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..

Microsoft offers strong forecast, lifting shares

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..

Global share sell off pauses in Asia as investors await Fed policy update

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..