BUSINESS

Wall Street bounced off session lows and seesawed on Wednesday after the U.S.

U.S. stocks fell on Wednesday, with the tech-heavy Nasdaq leading losses after stronger-than-expected retail sales data gave the Federal Reserve more ammunition to tighten policy, while geopolitical tensions over Russia and Ukraine added to caution.

U.S. stock index futures eased on Wednesday with retail sales data and minutes of the Federal Reserve's last meeting on investors' radar, while Western skepticism over Russian claims of a pullback of some troops near Ukraine kept caution in the air.

Actor Zachary Horwitz reportedly used the investor money he raised by running a Ponzi scheme to purchase a luxury home and fund his trips to Las Vegas, among others.

Fireblocks, an infrastructure provider for cryptocurrencies, has acquired First Digital, a stablecoin and digital asset payments technology platform.

Barrick Gold Corp on Wednesday announced a share buyback of up to $1 billion as the miner's fourth-quarter results beat analysts' estimates following strong production at its Nevada mines and a smaller tax take than expected.

The release on Wednesday of the minutes of the Federal Reserve's last policy meeting is likely to shed light on the U.S.

Federal Reserve officials last month agreed that, with inflation tightening its grip on the economy and employment strong, it was time to raise interest rates, but also that any decisions would depend on a meeting-by-meeting analysis of inflation and other data, according to the minutes of the Jan.

Federal Reserve officials last month agreed that, with inflation widening its grip on the economy and employment strong, it was time to tighten monetary policy, but also that any decisions would depend on a meeting-by-meeting analysis of data, according to the minutes of the Jan.

Wix.com, which helps small businesses build and operate websites, reported on Wednesday a wider fourth-quarter loss and said it could not provide estimates for 2022 due to uncertainty caused by the COVID-19 pandemic.

Nigeria begins 24-hour supply to end fuel shortage

Anger in UK over Prince Andrew's '?12 mn' settlement

AirAsia Aviation Group on Wednesday unveiled plans for a low-cost air ridesharing service in Southeast Asia after signing a non-binding deal with lessor Avolon for at least 100 Vertical Aerospace VX4 electric vehicles.

Shares of Ericsson fell more than 12% on Wednesday after the Swedish telecom gear maker disclosed results of an internal investigation that detailed suspect payments and misconduct in Iraq.

Unionised workers of Samsung Electronics have threatened what would be an unprecedented strike at the tech giant if their demands for higher pay and better working conditions are not met.

UK annual inflation hits fresh 30-year high

Heineken cast doubt on its mid-term profit margin target due to the uncertain impact of spiralling inflation on beer consumption, after reporting stronger than expected earnings in 2021 from higher prices and cost savings.

Heineken cast doubt on its mid-term profit margin target due to the uncertain impact of spiralling inflation on beer consumption, after reporting stronger than expected earnings in 2021 from higher prices and cost savings.

The global aircraft maintenance, repair and overhaul (MRO) sector faces fresh challenges from rising labour costs and a weak recovery in the widebody market as shop visits begin to rebound after a severe pandemic-related slump.

When Gucci-owner Kering and Hermes report earnings this week, investors will be looking for signs that the big luxury fashion groups are confident that wealthy shoppers are willing to pay higher price tags for designer accessories.

Two former Goldman Sachs colleagues will face off in a Brooklyn courtroom on Wednesday in a trial over the looting of hundreds of millions of dollars from Malaysia's 1MDB sovereign wealth fund, one of the biggest scandals in Wall Street history.

A former Goldman Sachs partner testified on Wednesday that he and a colleague became "heroes" at the bank for bringing in billions in business from Malaysia's 1MDB sovereign wealth fund, deals he said were cemented through bribes and kickbacks.

A former Goldman Sachs partner began testifying against his former colleague on Wednesday in a trial over the looting of hundreds of millions of dollars from Malaysia's 1MDB sovereign wealth fund, one of the biggest scandals in Wall Street history.

China's Shein is aggressively expanding its Singapore office after making a Singapore firm its de facto holding company, according to people with knowledge of the matter and a Reuters analysis of filings by the online fast-fashion retailer.

Wheat and corn prices ride the Ukrainian rollercoaster

Brazilian planemaker Embraer expects to decide late this year or early next year on whether to launch a new turboprop plane that could enter service around 2027, its commercial aviation head said on Wednesday.

Italy issues global warrant for Robinho after rape sentence: media

Thailand's interest in Lockheed Martin's F-35 stealth fighters is genuine, but clearance to buy the jets is a matter for the U.S.

China may take advantage of Ukraine crisis: US general