Category Archives:
Biden admin won’t veto ITC’s Apple Watch import ban ruling
By Blake Brittain (Reuters) -The Biden Administration has decided not to overrule a U.S. International Trade Commission decision that could block imports of Apple Inc's Apple Watches for infringing Al...
Syndicated Content Feb 21, 2023
Fresenius unveils plan to simplify structure, potential profit fall
By Ludwig Burger FRANKFURT (Reuters) - German healthcare group Fresenius SE will slash costs and proceed with plans to cede strategic control over struggling dialysis group Fresenius Medical Care (FMC...
Syndicated Content Feb 21, 2023
Sept. 11 victims cannot seize Afghan central bank assets -U.S. judge
NEW YORK (Reuters) - A U.S. judge on Tuesday said victims of the Sept. 11, 2001, attacks are not entitled to seize billions of dollars of assets belonging to Afghanistan's central bank to satisfy cour...
Syndicated Content Feb 21, 2023
Revlon reaches lender settlement, sends bankruptcy plan to vote
By Dietrich Knauth (Reuters) - Revlon Inc on Tuesday announced a deal with a holdout faction of lenders, removing the largest remaining roadblock to a plan that would allow the cosmetics maker to exit...
Syndicated Content Feb 21, 2023
Microsoft to put video games on Nvidia platform
By Foo Yun Chee and Stephen Nellis BRUSSELS (Reuters) -Microsoft Corp President Brad Smith said on Tuesday the U.S. software giant has agreed to a 10-year licensing deal that will bring Activision gam...
Syndicated Content Feb 21, 2023
Mexico headline, core inflation both seen dropping in early Feb: Reuters Poll
By Noe Torres MEXICO CITY (Reuters) - Mexico's inflation is forecast to have eased in the first half of February, a Reuters poll showed on Monday, though consumer prices remain well above the central ...
Syndicated Content Feb 21, 2023
Tesla scales back German battery plans, won over by U.S. incentives
By Victoria Waldersee BERLIN (Reuters) - Tesla has paused plans to produce entire batteries in Brandenburg, Germany, and will instead carry out some production steps in the United States where tax inc...
Syndicated Content Feb 21, 2023
Quick euro zone wage growth is just normal catch up, ECB’s Lagarde says
FRANKFURT (Reuters) - Euro zone wages are now catching up after rapid inflation eroded their purchasing power and there is no wage-price spiral underway, European Central Bank President Christine Laga...
Syndicated Content Feb 21, 2023
BlackRock ‘overweights’ China, Treasuries as inflation lingers
(Reuters) -BlackRock Investment Institute raised U.S. short-term government bonds as well as Chinese and other emerging market stocks to "overweight" on Tuesday, saying investors were realizing that t...
Syndicated Content Feb 21, 2023
Incoming BOJ head to speak in Diet as markets renew attack on yield cap
By Tetsushi Kajimoto and Leika Kihara TOKYO (Reuters) - Incoming Bank of Japan (BOJ) Governor Kazuo Ueda will speak in parliament on Friday and next Monday, as the central bank's yield cap comes under...
Syndicated Content Feb 21, 2023
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