Category Archives:
US-led IPEF does not conflict with other trade pacts -USTR’s Tai
TOKYO (Reuters) - U.S. Trade Representative Katherine Tai said on Tuesday the Biden administration's signature Asian engagement project called the IPEF is designed to create no conflict with other tra...
Apr 25, 2023
After existential crisis, Primark broadens ranges and targets U.S
By James Davey LONDON (Reuters) - In April 2020, budget fashion chain Primark was on its knees, unable to sell hundreds of millions of pounds of stock with its entire store network shut in COVID-19 lo...
Apr 25, 2023
Biden will veto US House Speaker McCarthy’s debt bill if it passed Congress
WASHINGTON (Reuters) - If U.S. President Joe Biden were to be presented with Republican House of Representatives Speaker Kevin McCarthy's spending and debt bill, he would veto it, the White House said...
Apr 25, 2023
Republican senators urge to Biden to sanction Chinese cloud companies
WASHINGTON (Reuters) - A group of nine Republican senators on Tuesday urged the Biden administration to impose sanctions on Huawei Cloud and other Chinese cloud service providers citing national secur...
Apr 25, 2023
Kering first-quarter sales lag rivals with 1% rise
PARIS (Reuters) - Sales at French luxury group Kering rose by just 1% in the first quarter, as its star label Gucci benefited less than rivals from a rebound in China and revenues fell in the United S...
Apr 25, 2023
Nokia says draft EU patent rules one-sided, will undermine Europe
By Foo Yun Chee BRUSSELS (Reuters) - EU draft rules aimed at staving off spats over patents essential to key technologies for telecoms equipment and connected cars appear to put the onus and cost on p...
Apr 25, 2023
Gap to cut hundreds of jobs in new round of layoffs – WSJ
(Reuters) -Gap Inc is eliminating hundreds of jobs from its global workforce, the Wall Street Journal reported on Tuesday, citing people familiar with the situation. The apparel retailer joins a growi...
Apr 25, 2023
Tucker Carlson’s exit from Fox News may be ratings bane, advertising boon
By Aditya Soni and Nivedita Balu (Reuters) - Star host Tucker Carlson's abrupt exit from Fox News is likely to hit short-term ratings but could nudge more mainstream advertisers to consider a network ...
Apr 25, 2023
Citigroup defends revamp as shareholders complain about sluggish stock
NEW YORK (Reuters) - Citigroup Inc's chairman John Dugan defended the company's efforts to fix its regulatory problems and bolster its stock in response to shareholder questions at the bank's annual m...
Apr 25, 2023
U.S. hotels set for earnings bump from robust travel even as costs weigh
By Priyamvada C (Reuters) - U.S. hotel operators are expected to post a rise in first-quarter profit even as they pour in money to lure travelers to make bookings directly through their websites, inst...
Apr 25, 2023
Peoria, IL, USA
54 °F Sunny
