U.S. payment giants Visa and Mastercard are slamming the brakes on plans to forge new partnerships with crypto firms after a string of high-profile collapses shook faith in the industry, people familiar with the matter told Reuters.
Norwegian Cruise Line Holdings Ltd forecast for its first annual profit in three years fell short of estimates on Tuesday, as the cruise operator battles soaring fuel and labor costs.
The U.S. Federal Reserve may hike interest rates to nearly 6%, BofA Global Research said, as strong U.S. consumer demand and a tight labor market would force the central bank to battle inflation for longer.
Tesla Inc's electric vehicle (EV) sales in China rose last week but were still running short of the pace seen in the fourth quarter, indicating the bump from discounted prices in its biggest overseas market is waning.
Target Corp posted a surprise rise in holiday-quarter sales on Tuesday, buoyed by an increase in store traffic from discount-hungry Americans, even as it joined other retailers to caution on 2023 earnings due to an uncertain U.S. economy.
Bank of Nova Scotia (Scotiabank) reported a lower first-quarter profit on Tuesday, as a lull in its investment banking division dented income from its capital markets unit and compelled the Canadian lender to set aside higher provisions.
Union workers at four Caterpillar Inc U.S. facilities have threatened to strike for wage increases, improved safety measures and better healthcare benefits once a six-year labor contract expires this week.
EU antitrust regulators on Tuesday narrowed their case against Apple , focusing on its App Store rules that prevent developers from informing users of other purchasing options, while dropping another charge related to in-app payments.
U.S. stock index futures reversed early losses on Tuesday, pointing to another day of relief rally on Wall Street even as Treasury yields climbed on bets of more interest rate hikes from the Federal Reserve.
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