More tech investment needed to prevent aviation accidents – US safety board

(Reuters) – The U.S. needs to invest more in aviation safety technology solutions after a series of close-call runway incidents…

Oil prices up after bullish Saudi comments, falling U.S. stockpiles

(Reuters) – Oil prices rose on Wednesday after data showed U.S. inventories and fuel supplies tightening and following a warning…

Europe Gas Falls Further as Traders Eye Weaker Demand Prospects

(Bloomberg) — European natural gas prices declined further to the lowest level in nearly two years as demand prospects for…

Dollar steady as debt ceiling worries weigh; pound swings after inflation data

(Reuters) – The dollar on Wednesday held just shy of a two-month high as U.S. debt ceiling negotiations dragged on,…

Stocks slide on U.S. debt ceiling and inflation woes

(Reuters) – Stocks lurched downwards on Wednesday as U.S. debt ceiling negotiations dragged on without resolution, stoking a general malaise…

Abbott, other formula makers face FTC investigation for collusion – WSJ

(Reuters) – The U.S. Federal Trade Commission is investigating whether baby-formula makers colluded on bids for attractive state contracts, the…

China’s Lenovo revenue falls for third consecutive quarter as PC demand slumps

(Reuters) – China’s Lenovo Group (OTC:LNVGY) Ltd on Wednesday reported a 24% fall in revenue for the January-March quarter, meeting…

Exclusive-Fast-fashion giant Shein plans Mexico factory – sources

(Reuters) – Online fashion giant Shein is exploring plans to build a factory in Mexico, as one of its manufacturing…

Column-World balance sheet may need AI-style productivity leap: Mike Dolan

(Reuters) – Hype or hope, this year’s boom in artificial intelligence along with other productivity-enhancing tech developments may be one…

HSBC, Citi, Deutsche Bank, Morgan Stanley and RBC traders may have broken competition law, watchdog finds

(Reuters) -Britain’s Competition and Markets Authority said on Wednesday it had provisionally found five major global banks allegedly broke UK…