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Britain bets on historic tax cuts and borrowing, investors get scared

Britain bets on historic tax cuts and borrowing, investors get scared

Join now for FREE unlimited access to Reuters.com Register Kwarteng slashes top income tax rate amid growth momentum Huge increase in UK government debt issuance expected Gilts suffer biggest drop in decades The pound falls to its lowest level in 37 years against the dollar LONDON, Sept 23 (Reuters) – Britain’s new finance minister, Kwasi …

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Europe burns cash to help businesses in energy crisis

Europe burns cash to help businesses in energy crisis

Join now for FREE unlimited access to Reuters.com Register Gas prices in Europe soared amid Ukraine crisis Utilities face a cash crunch Germany ‘will do everything possible’ to help businesses Russian mobilization triggers soaring oil prices BERLIN/LONDON, Sept 21 (Reuters) – Germany nationalized gas importer Uniper (UN01.DE) on Wednesday and Britain said it would cut …

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Hurricane Fiona intensifies after hitting the Dominican Republic and Puerto Rico

Hurricane Fiona intensifies after hitting the Dominican Republic and Puerto Rico

SAN JUAN, Puerto Rico/Santo Domingo, Sept 19 (Reuters) – Hurricane Fiona was tracking north on Monday evening after bringing torrential rains and strong winds to the Dominican Republic and causing a total power outage in Porto Neighbor Rico, where at least two people died. The Category 2 hurricane will likely become a Category 3 hurricane …

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Europe rushes to prepare for this winter's energy crisis

Europe rushes to prepare for this winter’s energy crisis

Spain could close energy-intensive industries during peak hours France prepares to send gas to Germany in October Germany to sign LNG contracts in UAE Berlin still working on Uniper bailout BERLIN/PARIS, Sept 19 (Reuters) – European governments on Monday presented new measures to tackle potential energy shortages this winter and rushed to improve energy networks …

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FedEx warns of deteriorating economy and withdraws forecast;  shares fall 16%

FedEx warns of deteriorating economy and withdraws forecast; shares fall 16%

FedEx employees sort packages in Manhattan, New York, U.S., May 9, 2022. REUTERS/Andrew Kelly Join now for FREE unlimited access to Reuters.com Register Sept 15 (Reuters) – FedEx Corp on Thursday withdrew the financial forecast it issued just three months ago, saying a slowdown in global demand accelerated in late August and was set to …

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Biden hops in Corvette, declares Detroit 'back' at EV-focused auto show

Biden hops in Corvette, declares Detroit ‘back’ at EV-focused auto show

Join now for FREE unlimited access to Reuters.com Register DETROIT, Sept 14 (Reuters) – President Joe Biden won a victory lap at the Detroit auto show on Wednesday by highlighting automakers’ push into electric vehicles, including billions of dollars in investment in battery factories, thanks to new government support. The self-proclaimed “car guy” Biden rode …

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Google loses challenge to EU antitrust ruling, more probes loom

Google loses challenge to EU antitrust ruling, more probes loom

Join now for FREE unlimited access to Reuters.com Register LUXEMBOURG, Sept 14 (Reuters) – Google suffered one of its biggest setbacks on Wednesday when a top European court fined it 4.125 billion euros ($4.13 billion) for using its Android mobile operating system to thwart rivals, setting a precedent for other regulators. upward pressure. The unit …

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Starbucks plans to take advantage of growing tech, stores and worker spending

Starbucks plans to take advantage of growing tech, stores and worker spending

Join now for FREE unlimited access to Reuters.com Register SEATTLE, Sept 13 (Reuters) – Starbucks Corp (SBUX.O) expects earnings to grow 15-20% per share over the next three years, a significant increase from previous forecasts based on spending plans of 2 .5 to 3 billion over the next three years. same period on technology, new …

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Ubisoft CEO says he's still open to other partners after Tencent deal

Ubisoft CEO says he’s still open to other partners after Tencent deal

Ubisoft CEO Yves Guillemot speaks onstage during the Ubisoft E3 conference at the Orpheum theater in Los Angeles, California June 15, 2015. REUTERS/Mario Anzuoni Join now for FREE unlimited access to Reuters.com Register “We can do whatever we want,” says founding CEO Ubisoft will create three mobile games with Netflix The deal with Tencent follows …

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China's Tencent increases stake in 'Assassin's Creed' maker Ubisoft

China’s Tencent increases stake in ‘Assassin’s Creed’ maker Ubisoft

Join now for FREE unlimited access to Reuters.com Register PARIS/HONG KONG, Sept 7 (Reuters) – Tencent Holdings Ltd (0700.HK) is increasing its stake in Ubisoft Entertainment SA (UBIP.PA) in a deal that values ​​France’s biggest game developer at around 10 billions of dollars, as deep-pocketed Chinese tech majors continue their search for overseas growth. Interest …

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