Category Archives:
Australian regulator sues Uber for misleading fares, seeks $19 million penalty
(Reuters) -Australia's competition watchdog is suing Uber Technologies Inc and seeking a A$26 million ($18.69 million) fine from the ride-hailing platform after it admitted to misleading consumers abo...
Apr 25, 2022
Coffee, tea and nagging at Japan’s anti-procrastination cafe
By Irene Wang and Elaine Lies TOKYO (Reuters) - Writers facing deadlines go to Tokyo's "Manuscript Writing Cafe" with an understanding - they can't leave until their work is done. Oh, and there's prod...
Apr 25, 2022
S.Korea Q1 GDP growth slows, China risks cloud outlook
By Jihoon Lee SEOUL (Reuters) -South Korea's economic growth nearly halved in the first quarter from the preceding three months on coronavirus curbs and surging inflation, while a slowing Chinese econ...
Apr 25, 2022
IMF urges Sri Lanka to tighten monetary policy, raise tax to address debt woes
(Reuters) - Sri Lanka must tighten monetary policy, raise tax and adopt flexible exchange rates to address its debt crisis, a senior International Monetary Fund (IMF) official said on Tuesday. The cou...
Apr 25, 2022
Oil prices rebound from sharp drop on China demand concerns
Oil prices opened slightly higher on Tuesday, after falling sharply the prior session on worries that continued COVID-19 lockdowns in China would eat into demand and as the U.S. dollar rose to a two-y...
Apr 25, 2022
California desalination plant suffers setback with recommendation for denial
By Daniel Trotta (Reuters) -A proposed California desalination plant that would produce 50 million gallons of drinking water per day failed a crucial regulatory hurdle on Monday, likely dooming a proj...
Apr 25, 2022
IMF warns Asia faces ‘stagflationary’ economic outlook
By Leika Kihara TOKYO (Reuters) -The Asian region faces a "stagflationary" outlook amid significant uncertainty with economic growth being lower than previously expected and inflation being higher, a ...
Apr 25, 2022
Gilinski acquires another 3% of SURA in third public offer
BOGOTA (Reuters) - Colombian business magnate Jaime Gilinski acquired an additional 3% of shares of investment holding company Grupo SURA in a third public acquisition offer, the stock exchange and an...
Apr 25, 2022
Funding obscured: The family office behind Musk’s $44 billion Twitter buyout
By Hyunjoo Jin and Elizabeth Dilts Marshall (Reuters) - The small family office that is managing the wealth of the world's richest person and is helping put together the largest-ever acquisition to be...
Apr 25, 2022
Higher inflation factors into review of tariffs on Chinese goods- White House
By Andrea Shalal WASHINGTON (Reuters) - The Biden administration is carefully studying the inflationary impact of tariffs imposed on China by former President Donald Trump's administration given a sur...
Apr 25, 2022
Peoria, IL, USA
48 °F Sunny
