Category Archives:
EU General Court rejects Valve’s appeal against EU antitrust decision
BRUSSELS (Reuters) - The EU's General Court rejected on Wednesday the appeal lodged by U.S. distributor Valve Corp, owner of the world's largest video game distribution platform Steam, against a EU an...
Sep 27, 2023
Australia’s Qantas chairman says shareholders want him despite turmoil
SYDNEY (Reuters) - The chairman of Australia's Qantas Airways on Wednesday vowed to stay in his role despite a host of scandals engulfing the airline, saying its biggest shareholders wanted leadership...
Sep 27, 2023
ECB not necessarily done with rate hikes: Elderson
FRANKFURT (Reuters) - Economic growth in the euro zone is more sluggish than the European Central Bank expected but the goal is to control inflation, so interest rates could still go higher, if needed...
Sep 27, 2023
Thai central bank raises key rate, cuts growth outlook
BANGKOK (Reuters) - Thailand's central bank unexpectedly raised its key interest rate for an eighth straight meeting on Wednesday, despite slowing economic growth, below-target inflation and rising gl...
Sep 27, 2023
Russia ramps up China yuan payments for imports amid sanctions -EBRD
By Jorgelina do Rosario LONDON (Reuters) - The share of Russia's imports invoiced in Chinese yuan soared to 20% in 2022 from 3% a year earlier after its invasion of Ukraine unleashed a raft of sanctio...
Sep 27, 2023
Flutter eyes Balkan expansion with acquisition of Serbia’s MaxBet
DUBLIN (Reuters) - Fanduel and Paddy Power owner Flutter said on Wednesday it had bought an initial 51% stake in Serbia's number two sports betting and gaming operator MaxBet for 141 million euros ($1...
Sep 27, 2023
Explainer-What’s in store for China Evergrande with its chairman now under police watch?
By Scott Murdoch SYDNEY (Reuters) - The chairman of China Evergrande Group has been placed under police surveillance, Bloomberg News reported on Wednesday, raising more doubts about the embattled deve...
Sep 27, 2023
H&M blames warm weather for September sales slide
STOCKHOLM (Reuters) -H&M said unusually hot weather in many of its European markets had delayed the start of the autumn shopping season, sending sales lower in September, while cost cuts helped the fa...
Sep 27, 2023
China expects 2023 economic growth of slightly more than 5% -PBOC adviser
BEIJING (Reuters) -China is expected to achieve economic growth of slightly more than 5% this year, an adviser to the central bank said on Wednesday. China's economic situation is very different from ...
Sep 27, 2023
Quake of 4.2 magnitude strikes volcanic fields near Italy’s Naples
ROME (Reuters) - A 4.2 magnitude earthquake struck a volcanic field near Naples early on Wednesday, the biggest in nearly four decades, but Italian authorities said it appeared to have caused no damag...
Sep 27, 2023
Peoria, IL, USA
75 °F Sunny
