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Tiger Global slashes portfolio amid losses
By Carolina Mandl NEW YORK (Reuters) -Investment firm Tiger Global Management, which lost billions of dollars in this year's technology meltdown, slashed or completely exited most of its holdings in t...
Syndicated Content Aug 15, 2022
James Hardie lowers annual profit forecast on inflation hit
By Riya Sharma (Reuters) -James Hardie cut its annual profit forecast on Tuesday, marking a dramatic shift in stance from the world's top fibre cement maker as soaring operating costs and a cooling pr...
Syndicated Content Aug 15, 2022
Dollar firm vs Aussie, euro on heightened recession worries
By Kevin Buckland SINGAPORE/TOKYO/HONG KONG (Reuters) -The safe-haven U.S. dollar hovered near a one-week high on Tuesday while the Aussie, euro and Chinese yuan remained under pressure as weak global...
Syndicated Content Aug 15, 2022
Oil prices fall as recessionary worries weigh on demand outlook
By Stephanie Kelly (Reuters) - Oil prices fell on Tuesday, extending losses from the previous session, after economic data from China, the world's largest crude importer, spurred fresh concerns about ...
Syndicated Content Aug 15, 2022
Inflation, labour shortages to delay recovery in business travel spending -industry forecast
(Reuters) - A recovery in global business travel spending to pre-pandemic levels is likely to be delayed by 18 months to 2026 because of factors like persistent inflation, high energy prices, labour s...
Syndicated Content Aug 15, 2022
Korea Inc’s foreign labour crunch puts older workers back in factories
By Cynthia Kim SEOUL (Reuters) - When Hwang Kwang-jo's factory in Seoul faced a staffing crunch earlier this year after the departure of Nepalese workers and younger locals, he hired a 61-year-old to ...
Syndicated Content Aug 15, 2022
Stellantis plans a profitable goodbye for combustion muscle cars
By Joseph White DETROIT (Reuters) - Stellantis NV's Dodge brand plans to squeeze maximum profit from the farewell party for its petrol-burning Challenger and Charger muscle cars, which are scheduled t...
Syndicated Content Aug 15, 2022
American Airlines cuts November schedule to avoid disruptions
(Reuters) - American Airlines Inc has cut thousands of domestic and international flights from its November schedule as part of the carrier's efforts to reduce disruptions that have afflicted the indu...
Syndicated Content Aug 15, 2022
Venezuela inflation slows to 7.5% m/m in July
CARACAS - Venezuela's inflation slowed to 7.5% month-over-month in July, from 11.4% recorded in June, according to data released on Monday by the country's central bank. Inflation in June caused worry...
Syndicated Content Aug 15, 2022
Trump Org ex-CFO nears plea deal ahead of New York tax fraud trial -New York Times
NEW YORK (Reuters) - The longtime financial chief of former President Donald Trump's namesake real estate company is nearing a plea deal with Manhattan prosecutors over tax fraud charges, the New York...
Syndicated Content Aug 15, 2022
Peoria, IL, USA
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