ECB has long road on disinflation but in a good place now: Knot
(Reuters) – The European Central Bank has made “important progress” in getting inflation back down to target but there is…
Biden administration takes aim at junk fees with new proposed rule, guidance
(Reuters) – The Biden administration took another shot at unpopular junk fees on Wednesday with a proposed rule that would…
European stocks mixed; LVMH slumps as sales growth slows
European stock markets traded in a mixed fashion Wednesday, with weakness in LVMH hitting the French market ahead of the…
Microsoft’s four-day streak ends, underperforms against market and tech peers
Tuesday’s trading session saw a break in Microsoft Corp (NASDAQ:MSFT).’s four-day winning streak, with the tech giant’s stock falling 0.43%…
False claims on Israel-Hamas war mushroom online, put focus on Musk’s X
(Reuters) – The rapid spread of misleading claims and doctored images in the aftermath of a deadly rampage by Hamas…
Exclusive-Southeast Asia eyes hands-off AI rules, defying EU ambitions
(Reuters) – Southeast Asian countries are taking a business-friendly approach to artificial intelligence regulation in a setback to the European…
LVMH shares tumble, hit fashion sector as luxury giant’s sales growth slows
(Reuters) – LVMH’s shares slumped on Wednesday, to their lowest level since December, knocking other shares in the fashion sector,…
Apple’s stock ends four-day winning streak amid rising markets
On Tuesday, Apple Inc (NASDAQ:AAPL).’s stocks ended a four-day winning streak, declining by 0.34% despite a favorable market environment where…
Australia unveils draft law to regulate digital payment providers
(Reuters) – The Australian government said on Wednesday it planned to introduce laws that would empower the central bank to…
Drugmaker GSK settles another California lawsuit on heartburn drug Zantac
(Reuters) – GSK on Wednesday said it would confidentially settle another lawsuit in California alleging its discontinued heartburn drug Zantac…