Stock, bonds groggy after rout; eyes peeled on Fed

Global stocks and bonds gyrated in choppy trade on Tuesday after the prior day's market rout, while investors braced for a U.S. interest rate rise this week that could be the largest in 28 years.

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14-06-2022

UK tribunal backs most of ruling against Meta's Giphy deal

LONDON (Reuters) -Meta Platforms won an appeal against Britain blocking its acquisition of Giphy on a single procedural ground, but the country's Competition Appeal Tribunal (CAT) endorsed the regulator's finding that the deal could harm competition.

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14-06-2022

U.S. and partners enter pact to secure critical minerals, lithium

WASHINGTON (Reuters) -The United States, Canada and other countries have established a new partnership aimed at securing the supply of critical minerals as global demand rises for the elements, used in everything from computers to household appliances, the State Department said on Tuesday.

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14-06-2022

Meta wins appeal against block of Giphy deal by UK regulator

Meta Platforms won its appeal on Tuesday against Britain blocking its 2020 acquisition of GIFs supplier Giphy on one ground, the country's Competition Appeal Tribunal (CAT) ruled.

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14-06-2022

Stock, bonds groggy after rout, eyes peeled on Fed meet

Global stocks and bonds stemmed heavy losses on Tuesday in choppy trade as investors tried to recover from the previous day's rout, while bracing themselves for an U.S. interest rate rise this week that could be the largest in 28 years.

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14-06-2022

EU cartel raids target fashion designers proposing sales periods, discount changes - sources

EU antitrust regulators, which raided some fashion companies last month, are focusing on a group of designers who two years ago called for changes in sales periods and discounts, people familiar with the matter said.

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14-06-2022

Stock, bonds punch-drunk after rout, watch interest rate signals

U.S. Treasury yields held near multi-year highs on Tuesday, while stock markets reeled from the previous session's rout on signs that central banks' action to curb inflation would tip the world economy into recession.

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14-06-2022

Ryanair's Portuguese cabin staff to strike for three days in late June, union says

Ryanair's Portuguese cabin staff will go on strike for three days in late June, Portugal's union of civil aviation personnel SNPVAC said on Tuesday.

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14-06-2022

Shanghai Disney Resort to reopen Disneytown, hotel on June 16

Shanghai Disney Resort said on Tuesday it will reopen Disneytown and Shanghai Disneyland hotel on June 16 but the main Disneyland park will remain closed until further notice.

newspaper

14-06-2022