BEIJING (Reuters) -China will strive to stabilise the economy and will use various policy tools to support employment, state media quoted the cabinet as saying on Wednesday.

(Reuters) -DigitalBridge Group Inc is taking data center operator Switch Inc private for $8.38 billion in cash, the latest deal in a sector benefiting from the digital shift spurred by the pandemic.

LJUBLJANA (Reuters) -The European Central Bank has firmed up expectations that it will raise its benchmark interest rate in July for the first time in more than a decade to fight record-high inflation, with some policymakers even hinting on Wednesday at further hikes after the first.

FRANKFURT (Reuters) -Holiday group TUI expects to become profitable again in 2022 as countries lift COVID-19 restrictions and people book package tours, eager to pay more for higher hotel grades or extra services on their long-awaited vacations.

Kohl's Corp investors are expected to reject all 10 of activist Macellum Advisors' director nominees in one of the year's most hotly contested proxy battles, sources familiar with the vote count said on Wednesday.

Investment banks have raked in billions of dollars by feeding the frenzy for blank-check companies, and they have done so largely without risking any of their own money on hundreds of deals that have left many investors with punishing losses.