Category Archives:
Dollar clings to gains as bets on further Fed hikes firm
By Tom Westbrook SYDNEY (Reuters) - The dollar fought for a footing in choppy trade on Thursday, with support from upbeat U.S. data and hawkish policymaker comments, while the prospect of higher energ...
Oct 05, 2022
Aggressive rate hikes best option but unlikely to quell EMFX sell-off – Reuters poll
By Vuyani Ndaba and Arsh Tushar Mogre JOHANNESBURG/BENGALURU (Reuters) - Central bank intervention via U.S. dollar sales won't strengthen emerging market currencies against an ever-dominant greenback,...
Oct 05, 2022
Exclusive-GE lays off workers at onshore wind unit as part of turnaround strategy – sources
By Rajesh Kumar Singh and Liz Hampton CHICAGO/DENVER (Reuters) - General Electric Co is laying off workers at its onshore wind unit as part of a plan to restructure and resize the business, which is g...
Oct 05, 2022
Oil prices rise after OPEC+ agrees to slash crude output
By Laila Kearney (Reuters) - Oil prices edged up in early Asian trade on Thursday after OPEC+ agreed to further tighten global crude supply with a deal to slash oil production by about 2 million barre...
Oct 05, 2022
AI firm Appen’s shares tumble to 5-1/2-year low on bleak outlook
By Harish Sridharan (Reuters) - Australia's Appen Ltd warned on Thursday of an up to 84% drop in annual earnings because of spending cuts by major customers, sending its shares tumbling to a near 5-1/...
Oct 05, 2022
Dollar’s blistering rally to extend into next year – FX analysts in Reuters poll
By Hari Kishan and Shaloo Shrivastava BENGALURU (Reuters) - The unstoppable dollar, which is already having a banner year, is likely to extend its dominance beyond 2022, according to a Reuters poll of...
Oct 05, 2022
Jury finds former Uber security chief guilty of concealing data breach
(Reuters) - A San Francisco jury has found Uber Technologies Inc's former chief security officer Joseph Sullivan guilty of criminal obstruction for failing to report a 2016 cybersecurity incident to t...
Oct 05, 2022
Yen’s pain is far from over and poised for worst year since 1970 – Reuters poll
By Indradip Ghosh BENGALURU (Reuters) - Japan's yen will recoup only a third of its big losses against the dollar in the coming year as the policy gap between the ultra-hawkish U.S. Federal Reserve an...
Oct 05, 2022
Biggest polluting firms failing to disclose climate risks – study
LONDON (Reuters) - Almost all of the companies most responsible for corporate greenhouse gas emissions are failing to disclose how climate-related risks might impact them financially, according to a r...
Oct 05, 2022
Samsung quarterly profit set to slump 25%, first decline in nearly three years
By Joyce Lee SEOUL (Reuters) - Samsung Electronics Co Ltd's third-quarter profit could tumble 25%, the first year-on-year decline in nearly three years, as an economic downturn saps demand for electro...
Oct 05, 2022
Peoria, IL, USA
78 °F Sunny
