Category Archives:
EM portfolios see $22 billion foreign inflow in June -IIF
NEW YORK (Reuters) - Foreigners funneled over $22 billion net into emerging market portfolios in June, the largest amount since January, and China posted its sixth consecutive month of outflows from d...
Jul 13, 2023
Disney wants to keep ESPN, could offload some traditional TV assets – Iger
(Reuters) -Walt Disney wants to keep ESPN and will look for strategic partners to form a joint venture or buy a stake in the sports network to help take it directly to consumers, CEO Robert Iger said ...
Jul 13, 2023
US SEC sues Celsius Network and its founder
(Reuters) - U.S. Securities and Exchange Commission said on Thursday it has sued bankrupt crypto lender Celsius Network and its founder Alex Mashinsky. The lawsuit adds to a series of challenges for t...
Jul 13, 2023
US weekly jobless claims unexpectedly fall
WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, indicating that the labor market remains tight even as job growth is slowing. In...
Jul 13, 2023
Cinepolis exec Eduardo Acuna to become Cineworld CEO
(Reuters) - Cineworld Group said on Thursday Eduardo Acuna, who runs the Americas operations of Mexican theatre operator Cinepolis, will become its CEO when the company emerges from bankruptcy proceed...
Jul 13, 2023
UK food price inflation to be 9% in December, industry researcher cautions
LONDON (Reuters) - Food price inflation in Britain will decline through the balance of 2023 but will still be about 9% in December, a prominent grocery industry researcher said on Thursday. In its lat...
Jul 13, 2023
EV brand Smart plans funding led by Tianqi Lithium
SHANGHAI (Reuters) - EV brand Smart said on Thursday it planned to raise $250-300 million via series-A funding which it hoped would enhance its long-term sustainable development strategy and accelerat...
Jul 13, 2023
Alibaba’s Ele.me platform signs wages, safety contracts as tech crackdown ends – media
BEIJING (Reuters) - Alibaba's Ele.me on Thursday became China's first delivery platform to sign collective contracts on wages and labour safety with its staff, official media reported, as Beijing sign...
Jul 13, 2023
Virgin Galactic to launch second commercial space flight next month
(Reuters) - Virgin Galactic Holdings said on Thursday that the space tourism startup will launch its second commercial flight in a window that opens next month after a successful first flight in June....
Jul 13, 2023
ECB open to raising rates past July, account shows
FRANKFURT (Reuters) - The European Central Bank may need to continue raising interest rates beyond this month to bring inflation back to target, ECB policymakers said at their last meeting. The ECB ra...
Jul 13, 2023
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