Category Archives:
Premier urges Chinese tech giants to support economy as crackdown ends
BEIJING (Reuters) -China on Wednesday sent another strong signal that a years-long crackdown on its tech industry is over as Premier Li Qiang met firms such as Alibaba's cloud unit and Meituan, and ur...
Jul 12, 2023
Lucid shares drop on flat second-quarter deliveries, production drop
(Reuters) -Lucid Group's electric-vehicle production dropped and its deliveries in the second quarter remained flat compared to the previous three months amid competition from Tesla, sending its share...
Jul 12, 2023
Local markets more upbeat about Brazil’s economy under Lula, poll shows
SAO PAULO (Reuters) - Financial market participants in Brazil are increasingly optimistic about the country's economic prospects under leftist President Luiz Inacio Lula da Silva, a poll showed on Wed...
Jul 12, 2023
Benihana’s owner explores sale of restaurant chain-sources
By Abigail Summerville NEW YORK (Reuters) - The private equity owner of Benihana Inc is exploring a sale that could value the U.S. restaurant chain, known for its Japanese teppanyaki and sushi, at aro...
Jul 12, 2023
European assets jump after U.S. inflation slows
MILAN (Reuters) - European shares, currencies and bonds rallied on Wednesday after U.S. inflation slowed in June, feeding bets the Federal Reserve is nearing the end of a series of steep interest rate...
Jul 12, 2023
Crypto ransom attacks rise in first half of 2023 – Chainalysis
By Elizabeth Howcroft LONDON (Reuters) - Crypto crime fell overall in the first six months of 2023, but the volume of payments to ransomware attackers surged and is on track for its second-biggest ann...
Jul 12, 2023
Instant View: US June CPI a welcome disinflation signal for Fed
NEW YORK (Reuters) - U.S. consumer prices rose modestly in June and registered their smallest annual increase in more than two years as inflation continued to subside, but probably not fast enough to ...
Jul 12, 2023
Slowing inflation seen making Fed’s July hike its last
By Ann Saphir (Reuters) -Inflation is slowing rapidly enough to allow the Federal Reserve to stop tightening U.S. monetary policy after what is still widely expected to be an interest-rate hike at its...
Jul 12, 2023
US consumer prices rise modestly in June; core inflation slowing
WASHINGTON (Reuters) - U.S. consumer prices rose modestly in June and registered their smallest annual increase in more than two years as inflation continued to subside, but probably not fast enough t...
Jul 12, 2023
India’s Gujarat in talks with Foxconn for its semiconductor plant
By Sumit Khanna AHMEDABAD, India (Reuters) - India's Gujarat state is holding talks with Foxconn over a semiconductor plant, a top government official told Reuters, days after the Taiwanese giant brok...
Jul 12, 2023
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