Category Archives:
New Zealand central bank’s Orr does not expect recession
WELLINGTON (Reuters) - Reserve Bank of New Zealand Governor Adrian Orr said on Wednesday that while growth would slow he did not expect a recession, adding that the central bank believed it was on top...
Syndicated Content Aug 16, 2022
China’s Dianxiaomi raises $110 million in funding round led by SoftBank, Sequoia
(Reuters) - Chinese e-commerce software provider Dianxiaomi has raised $110 million in its latest funding round led by Sequoia China and SoftBank Group Corp's Vision Fund 2, an investor in the company...
Syndicated Content Aug 16, 2022
Factbox-‘You’ll be glad you bought a flamethrower’: The tweets of Elon Musk
(Reuters) - Billionaire Elon Musk, the chief executive of electric automaker Tesla Inc and rocket company SpaceX, on Tuesday tweeted that he was buying soccer club Manchester United, without offering ...
Syndicated Content Aug 16, 2022
Costa Rica eyes raising $2.7 billion via sale of state financial assets
SAN JOSE (Reuters) - Costa Rica's President Rodrigo Chaves said on Tuesday he plans to present a bill to sell state-owned banks Banco de Costa Rica and Banco Internacional de Costa Rica, as well as 49...
Syndicated Content Aug 16, 2022
Massachusetts AG reaches settlement with opioid maker Endo
(Reuters) - Massachusetts Attorney General Maura Healey said on Tuesday a settlement has been reached with opioid maker Endo International PLC and its lenders to provide $450 million as part of Endo's...
Syndicated Content Aug 16, 2022
Citi appoints Aveline San as Hong Kong and Macau chief executive
HONG KONG (Reuters) - Citigroup said on Wednesday it has appointed Aveline San as the chief executive of its Hong Kong and Macau businesses. San, who has 25 years experience in banking, replaces Angel...
Syndicated Content Aug 16, 2022
NZ central bank hikes rates 50-bp, signals aggressive tightening pace
By Lucy Craymer WELLINGTON (Reuters) - New Zealand's central bank delivered its seventh straight interest rate rise on Wednesday and signalled a more hawkish tightening path over coming months to rest...
Syndicated Content Aug 16, 2022
Asian stocks solid and kiwi jumps on RBNZ rate hike
By Sam Byford (Reuters) - Asian shares tracked solid Wall Street performance on Wednesday as strong overnight earnings for U.S. retail giants pointed to further scope for the Federal Reserve to tackle...
Syndicated Content Aug 16, 2022
Apple suppliers to make Apple Watch and MacBook in Vietnam – Nikkei
(Reuters) -Apple Inc's suppliers are in talks to produce Apple Watch and MacBook in Vietnam for the first time, Nikkei Asia reported on Tuesday, citing people familiar matter. Apple's Chinese supplier...
Syndicated Content Aug 16, 2022
Liz Cheney loses Wyoming Republican primary to Trump-backed Hageman, NBC News project
WASHINGTON (Reuters) - Representative Liz Cheney, a vocal critic of Donald Trump, lost the Republican Party primary to run again for Congress to Harriet Hageman, a lawyer endorsed by the former presid...
Syndicated Content Aug 16, 2022
Peoria, IL, USA
63 °F Rain, Mist
