Category Archives:
Davos 2023-Be careful on ‘friend-shoring’, WTO’s Ngozi warns
DAVOS, Switzerland (Reuters) - Trade blocs seeking to skirt geopolitical risk by "friend-shoring" activities to like-minded countries should be careful which commerce partners they favour, World Trade...
Syndicated Content Jan 19, 2023
Brazil’s Americanas considering filing for bankruptcy
SAO PAULO (Reuters) - Brazilian retailer Americanas SA said on Thursday it is considering filing for bankruptcy after uncovering nearly $4 billion in accounting inconsistencies last week. "Although it...
Syndicated Content Jan 19, 2023
Yum Brands says nearly 300 restaurants in UK impacted due to cyber attack
(Reuters) - Yum Brands Inc said late on Wednesday a ransomware attack impacted certain information technology systems of the company which led to the closure of nearly 300 restaurants in the United Ki...
Syndicated Content Jan 19, 2023
Analysis-BOJ bullishness on wages suggests days of super-low rates are numbered
By Leika Kihara TOKYO (Reuters) - The Bank of Japan (BOJ) rejected market pressure this week, maintaining ultra-low interest rates, but its bullish views on wages and growing strains from its policy s...
Syndicated Content Jan 19, 2023
JPMorgan wins approval to take full control of Chinese mutual fund JV
BEIJING/SHANGHAI (Reuters) -JPMorgan has won approval to take full ownership of its Chinese mutual fund venture, China's securities regulator said on Thursday, as the country spurs expansion by foreig...
Syndicated Content Jan 19, 2023
Futures fall as weak data fuel recession worries, Fed comments on tap
(Reuters) - U.S. stock index futures fell on Thursday after weak economic data fueled recession worries, while investors await comments from more Federal Reserve officials for clues on the central ban...
Syndicated Content Jan 19, 2023
Marketmind: No safety net?
A look at the day ahead in U.S. and global markets from Mike Dolan. World markets have been spooked by the prospect the U.S. may be heading for recession after all but the Federal Reserve may not ride...
Syndicated Content Jan 19, 2023
U.S. gov’t touches debt limit amid standoff between Republicans and Democrats
By David Morgan WASHINGTON (Reuters) - The U.S. government was due to hit its $31.4 trillion borrowing limit on Thursday, amid a standoff between the Republican-controlled House of Representatives and...
Syndicated Content Jan 19, 2023
U.S. startup Outrider raises $73 million to scale up autonomous yard trucks
By Nick Carey (Reuters) - U.S. self-driving truck firm Outrider said on Thursday it has raised $73 million in funding to scale up its autonomous trucks operating in distribution yards for customers in...
Syndicated Content Jan 19, 2023
Fox chief Rupert Murdoch to be deposed in $1.6 billion Dominion defamation case
By Helen Coster and Jack Queen (Reuters) - Fox Corp Chairman Rupert Murdoch is expected to be questioned under oath on Thursday and Friday in a defamation lawsuit over his network's coverage of unfoun...
Syndicated Content Jan 19, 2023
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