Canada's household debt is now highest in the G7
Household debt also exceeds Canada's entire GDP, housing agency data reveals.
2023-05-24 21:45
EU, U.S. to seek stopgap standards for AI - EU tech chief
By Philip Blenkinsop BRUSSELS The European Union and the United States are set to step up cooperation on
2023-05-24 21:23
Alibaba unit ordered to pay NetEase $7.2 million over game copyright
By Josh Ye HONG KONG (Reuters) -A Chinese court has ordered an Alibaba Group unit that developed the hit mobile
2023-05-24 20:53
Citigroup to pursue IPO for its Mexico retail unit after sale fails
(Reuters) -Citigroup Inc will pursue an initial public offering of its Banamex unit that consists of its consumer, small business
2023-05-24 20:51
Facebook owner Meta starts final round of layoffs
By Katie Paul NEW YORK (Reuters) -Meta Platforms Inc started carrying out the last batch of a three-part round of
2023-05-24 20:19
House to vote on blocking Biden's student loan forgiveness program
The Biden administration's one-time student loan forgiveness program is facing a fresh threat from House Republicans while it awaits a ruling from the Supreme Court about whether the proposal can take effect.
2023-05-24 19:22
Uber steps up EV push in India with Uber Green
By Aditi Shah and Navamya Ganesh Acharya NEW DELHI/BENGALURU (Reuters) -Ride-hailing platform Uber Technologies is stepping up its efforts to
2023-05-24 18:25
Deutsche Bank and Citi admit anti-competitive activity in UK bond market
Deutsche Bank and Citigroup have admitted anti-competitive activity by exchanging sensitive information on UK government bonds between 2009 and 2013, Britain's anti-trust watchdog said Wednesday, as it provisionally found five banks in breach of competition rules.
2023-05-24 17:16
Japan's Rakuten set to raise $2.18 billion through share issue
TOKYO (Reuters) -Japanese e-commerce and fintech conglomerate Rakuten Group Inc will raise up to 294.2 billion yen ($2.18 billion) by
2023-05-24 16:48
EU court rejects Meta challenge against EU antitrust requests for information
BRUSSELS Europe's second-top court on Wednesday rejected Meta Platforms' challenge against EU antitrust regulators. The European Commission had
2023-05-24 16:21
UK inflation falls by less than expected, core inflation jumps
By Andy Bruce LONDON (Reuters) -Britain's high inflation rate fell by less than expected in April and a closely watched
2023-05-24 15:18
HSBC, Citi, Deutsche Bank, Morgan Stanley and RBC traders may have broken competition law, watchdog finds
By Sinead Cruise LONDON (Reuters) -Britain's Competition and Markets Authority said on Wednesday it had provisionally found five major global
2023-05-24 14:54