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VR firm Pico, owned by Chinese TikTok maker ByteDance, announces ‘small’ layoffs
By Josh Ye HONG KONG (Reuters) - Pico, a virtual reality (VR) headset manufacturer owned by TikTok's Chinese developer ByteDance, said on Friday it was laying off a small number of people, after local...
Syndicated Content Feb 16, 2023
Marketmind: When doves cry
A look at the day ahead in European and global markets from Ankur Banerjee Investors are feeling the heat as sticky inflation and a tight labour market revive good ol' fears of the Fed staying hawkish...
Syndicated Content Feb 16, 2023
Musk shuts two Twitter India offices, Bloomberg News reports
(Reuters) - Twitter Inc has closed two of its three offices in India, Bloomberg News reported on Friday, citing people familiar with the matter. The social media company shut down offices in New Delhi...
Syndicated Content Feb 16, 2023
China takes top spot in global refining capacity but output lags U.S.
BEIJING (Reuters) - China's oil refining capacity overtook the United States as the world's largest in 2022, an industry official said on Thursday, though its production of fuel products lagged the Un...
Syndicated Content Feb 16, 2023
China’s Lenovo Q3 revenue tumbles 24% as PC demand slumps
By Josh Ye HONG KONG (Reuters) - China's Lenovo Group Ltd reported a 24% revenue decline for the third quarter, its second consecutive decline as global demand for computers and smartphones continued ...
Syndicated Content Feb 16, 2023
Thai Q4 GDP growth slows, 2023 outlook trimmed
BANGKOK (Reuters) - Thailand's economic growth slowed more than expected in the fourth quarter of 2022 as exports and manufacturing declined but a rebound in the vital tourism sector should continue t...
Syndicated Content Feb 16, 2023
Tesla raises prices of some Model Y versions in China – website
SHANGHAI (Reuters) - Tesla raised prices of performance and long-range versions of its Model Y mid-size sport utility vehicles (SUV) in China on Friday, according to its Chinese website. The starting ...
Syndicated Content Feb 16, 2023
Asia shares skid as rate-hike fears unnerve investors
By Ankur Banerjee SINGAPORE (Reuters) - Asian equities slipped on Friday, while the dollar hovered around six-week highs as economic data and hawkish comments from Federal Reserve officials revived fe...
Syndicated Content Feb 16, 2023
Exclusive: Trump lawyer hires own attorney in classified documents probe
By Andrew Goudsward (Reuters) - A lawyer for former President Donald Trump retained an attorney to represent himself as prosecutors step up their inquiry into the handling of sensitive documents at Tr...
Syndicated Content Feb 16, 2023
Oil prices fall as U.S. rate hike worries overshadow demand outlook
By Yuka Obayashi TOKYO (Reuters) - Oil prices slid on Friday and were on track for weekly losses as strong U.S. economic data heightened concern that the Federal Reserve will continue tight monetary p...
Syndicated Content Feb 16, 2023
Peoria, IL, USA
49 °F Partly cloudy
