(Reuters) -Imported baby formula would be subject to tariffs again in the new year after the expiration of exemptions implemented amid a nationwide shortage, the Wall Street Journal reported on Wednes[...]
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U.S. pending home sales sag more than expected in November
(Reuters) – Contracts to buy U.S. previously owned homes fell far more than expected in November, diving for a sixth straight month in the latest indication of the hefty toll the Federal Reserve[...]
Read moreLatam M&A expected to recover in 2023, IPOs may take longer
(This Dec. 27 story has been corrected to change Teodora Barone’s title in paragraph 17 to ‘equity capital markets head at UBS BB’ instead of ‘UBS BB executive director’)[...]
Read moreRussian rouble slumps again as volatile year-end trade continues
By Alexander Marrow MOSCOW (Reuters) -The rouble weakened sharply on Wednesday, sliding to the 72 mark against the dollar, as sanctions on Russian oil and their probable impact on export revenues put[...]
Read moreJapan to make raising wages a top priority, says senior govt official
By Leika Kihara TOKYO (Reuters) – Japan’s government will make raising wages a top priority in its economic policy next year, Deputy Chief Cabinet Secretary Seiji Kihara said on Wednesday.[...]
Read moreTSX futures edge higher as investors eye China reopening
(Reuters) – Futures for Canada’s main stock index edged up on Wednesday as investors returned from a long holiday weekend to global optimism over China moving towards reopening its economy[...]
Read moreAgreement over IKEA’s Russia sale could be reached in days, says Moscow
MOSCOW (Reuters) – An agreement over the sale of IKEA’s factories in Russia could be reached by the end of this year, Russia’s industry minister said on Wednesday, as the Swedish fur[...]
Read moreTesla shares extend losses on demand worries in China
(Reuters) – Tesla Inc shares fell 11.4% on Tuesday after a Reuters report that Tesla was planning to run a reduced production schedule in January at its Shanghai plant sparked worries of a drop[...]
Read moreAeroflot boss calls for ‘state protectionism’ to defend Russian aviation
(Reuters) – The head of Russia’s state-controlled airline Aeroflot called on the Russian government to “balance the interests” of Russian and foreign airlines in order to suppo[...]
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