Category Archives:
TikTok-owner ByteDance cuts hundreds of jobs in China – SCMP
(Reuters) - ByteDance, the Chinese parent company of video app TikTok, has laid off hundreds of employees across multiple departments at the end of 2022 as part of a cost-cutting measure, the South Ch...
Jan 03, 2023
Republican U.S. House to open in turmoil as McCarthy fights for gavel
By David Morgan WASHINGTON (Reuters) - The new Republican-held U.S. House of Representatives convenes on Tuesday for what could be a chaotic election for speaker, as top Republican Kevin McCarthy figh...
Jan 03, 2023
Morning Bid: The year of the yen?
A look at the day ahead in U.S. and global markets from Dhara Ranasinghe, Editor, Financial Markets EMEA, Thomson Reuters. The holidays are over and it's back to work, so markets are no exception. And...
Jan 03, 2023
McCarthy’s dream of being U.S. House speaker faces a political nightmare
By David Morgan WASHINGTON (Reuters) - Top U.S. House of Representatives Republican Kevin McCarthy could achieve his long-held dream of wielding the speaker's gavel this week - if he can survive a nig...
Jan 03, 2023
Bankman-Fried set to enter not guilty plea in FTX fraud case
By Jack Queen and Luc Cohen NEW YORK (Reuters) - Sam Bankman-Fried is expected on Tuesday to enter a plea of not guilty to criminal charges that he cheated investors and looted billions of dollars at ...
Jan 03, 2023
Ferrovial to build data centre for Microsoft in Madrid – Cinco Dias
(Reuters) - U.S. tech giant Microsoft has commissioned Spain-based infrastructure company Ferrovial to build a data centre near the Spanish capital, the Cinco Dias newspaper reported on Tuesday. While...
Jan 03, 2023
China’s holiday home sales rise 27.1% y/y – private survey
BEIJING (Reuters) - Chinese new-home sales rose more than 20% year-on-year over the three-day New Year holiday starting from Dec. 31, due to promotions, support policies taking effect and the gradual ...
Jan 03, 2023
German unemployment falls in December
BERLIN (Reuters) - German unemployment fell in December, Labour Office figures showed on Tuesday, with the labour market overall being only moderately affected by the war in Ukraine last year. The Fed...
Jan 03, 2023
South Korea eases property regulations across capital Seoul
SEOUL (Reuters) - South Korea's finance ministry said on Tuesday it was easing financial regulations on home buyers in most districts of the capital Seoul, in an effort to support the country's sharpl...
Jan 03, 2023
Tender sale of Evergrande’s Hong Kong headquarters fails again -sources
By Clare Jim HONG KONG (Reuters) - A tender for the sale of embattled China Evergrande Group's headquarters in Hong Kong has lapsed again, two sources with knowledge of the matter said on Tuesday, bec...
Jan 03, 2023
Peoria, IL, USA
61 °F Partly cloudy
