By David Shepardson WASHINGTON (Reuters) -The U.S. Justice Department sued Norfolk Southern Corp seeking to ensure that the railroad pays […]
Vietnam central bank cuts refinance rate by 50 bps to support growth
By Khanh Vu and Phuong Nguyen HANOI (Reuters) -Vietnam’s central bank said on Friday it will cut its refinance rate […]
Nikola tumbles to record low on $100 million stock sale
(Reuters) – Shares of Nikola Corp hit a record low on Friday after the electric-truck maker said it plans to […]
Nestle sees price pressures easing -chairman tells newspaper
ZURICH (Reuters) – Nestle is seeing an easing of price pressures stemming from raw materials, transport and packaging costs, said […]
FDIC exercises rights in First Citizens, New York Community Bank stocks
(Reuters) -Regulator Federal Deposit Insurance Corporation (FDIC) exercised its equity rights in First Citizens BancShares Inc and New York Community Bancorp […]
Chinese property developer Sunac posts $2 billion core loss in 2022
HONG KONG (Reuters) – Major property developer Sunac China on Friday logged a net narrowing core loss of 13.86 billion […]
Canada gives final nod on C$20 billion Rogers-Shaw merger
(Reuters) – Canada on Friday gave the final approval for Rogers Communications Inc’s C$20 billion ($15 billion) buyout of Shaw […]
US consumer mood darkens but banking turmoil impact limited so far, UMich says
(Reuters) – U.S. consumer sentiment fell for the first time in four months in March as consumers worried increasingly that […]
Global dealmaking sinks to lowest level in over a decade
By Anirban Sen and Andres Gonzalez NEW YORK/LONDON (Reuters) – Global mergers and acquisitions (M&A) activity shrank to its lowest […]