Category Archives:
Monthly U.S. consumer prices unexpectedly rise in August; core inflation picks up
WASHINGTON (Reuters) - Monthly U.S consumer prices unexpectedly rose in August as declining gasoline prices were offset by gains in the costs of rent and food, giving cover for the Federal Reserve to ...
Sep 13, 2022
Inditex founder Amancio Ortega to buy U.S. warehouses for $905 million
MADRID (Reuters) - Spanish billionaire and Zara founder Amancio Ortega is in talks to buy several warehouses in the United States rented by global firms such as Amazon and FedEx for $905 million, Orte...
Sep 13, 2022
Global economy may avoid recession as inflation risks ease – J.P. Morgan
(Reuters) - The global economy could avert a recession as data points to a potential soft landing, J.P. Morgan analysts said, while adding that the Federal Reserve might have "over-reacted" with the 7...
Sep 13, 2022
China urges platform companies to protect rights of gig workers
BEIJING (Reuters) - China urged platform companies to protect the rights of gig workers, according to a joint statement issued the human resources ministry and other ministries on Tuesday, after a mee...
Sep 13, 2022
Rent the Runway shares sink as inflation-weary subscribers hit pause
By Deborah Mary Sophia and Mehr Bedi (Reuters) - Shares of Rent the Runway plunged more than 22% before the bell on Tuesday, as more Americans paused their subscription to the clothing rental firm as ...
Sep 13, 2022
China grants licenses to 73 online games in September
HONG KONG (Reuters) - China's gaming regulator on Tuesday granted publishing licences to 73 online games, including titles belonging to NetEase Inc and other developers. There were no titles from tech...
Sep 13, 2022
Bayer has started search for successor for CEO Baumann -Bloomberg
FRANKFURT (Reuters) - Bayer's supervisory board has initiated a search for a successor to Chief Executive Werner Baumann, who has said he would not seek a renewal of his contract that expires in 2024,...
Sep 13, 2022
Former Disney chief Iger to join VC firm Thrive Capital
(Reuters) - Thrive Capital said on Tuesday that Walt Disney Co's former top boss, Robert Iger, will join the investment firm as a venture partner. Iger will advise on day-to-day initiatives including ...
Sep 13, 2022
Credit Suisse exec: Swiss bank not main focus for cost savings
ZURICH (Reuters) - Credit Suisse's Swiss unit has become more efficient and growth focused in recent years and will thus be hit less by restructuring and cost savings than other parts of the bank, its...
Sep 13, 2022
Prosiebensat acquires streaming platform Joyn from Warner Bros. Discovery
BERLIN (Reuters) -Prosiebensat 1 Media SE has revised lower its 2022 core earnings outlook after acquiring the remaining 50% of shares in streaming service Joyn from Warner Bros. Discovery, the German...
Sep 13, 2022
Peoria, IL, USA
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