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Dollar bruised after U.S. inflation comes in below expectations
By Alun John HONG KONG (Reuters) - The euro and Japanese yen were sitting pretty on Thursday morning after U.S. inflation data overnight came in less hot than feared and sent the dollar tumbling. U.S....
Syndicated Content Aug 10, 2022
Costa Rica seeks entry to trans-Pacific trade bloc
SAN JOSE (Reuters) - Costa Rica formalized its request to join a trade partnership of 11 countries across Asia, Australia and the Americas, President Rodrigo Chaves announced on Wednesday, in a step t...
Syndicated Content Aug 10, 2022
Explainer – How will SoftBank cut its stake in Alibaba without selling shares?
By Carolina Mandl and Angelique Chen NEW YORK (Reuters) - SoftBank Group Corp is set to post a gain of $34.1 billion by reducing its stake in Alibaba Group Holding from 23.7% to 14.6%. But the Japanes...
Syndicated Content Aug 10, 2022
Oil falls on demand concerns, greater supply
By Laura Sanicola SINGAPORE (Reuters) - Oil prices fell in early Asian trade on Thursday as traders anticipated more supply of crude entering the market coupled with weaker demand. Brent crude futures...
Syndicated Content Aug 10, 2022
Harvey Weinstein, Chrysler end dueling lawsuits over 2019 Jeep crash
By Jonathan Stempel NEW YORK (Reuters) - Harvey Weinstein and the U.S. business of Fiat Chrysler Automobiles agreed to end competing lawsuits over a 2019 crash in which the now-imprisoned former Holly...
Syndicated Content Aug 10, 2022
Mexico issues measures to mitigate high costs of train cargo as inflation soars
MEXICO CITY (Reuters) - Mexico's government on Wednesday said it had issued so-called "emergency directives" for the transportation via train of products in a staple basket of goods with the aim of mi...
Syndicated Content Aug 10, 2022
Singapore Q2 GDP grows 4.4% y/y, slower than first estimated
SINGAPORE (Reuters) - Singapore's economy expanded less than initially estimated in the second quarter, official data showed on Thursday. Gross domestic product (GDP) grew 4.4% year-on-year in the sec...
Syndicated Content Aug 10, 2022
Brazil’s BRF posts Q2 net loss of $91.86 million
SAO PAULO (Reuters) - Brazilian pork and poultry processor BRF SA on Wednesday reported net loss of 468 million real ($91.86 million), wider than forecast by analysts, who had predicted 156.93 million...
Syndicated Content Aug 10, 2022
California sets big targets for offshore wind
(Reuters) - California on Wednesday set ambitious new targets for offshore wind development, saying turbines along its storied coastline would power some 25 million homes by 2050. In a unanimous vote,...
Syndicated Content Aug 10, 2022
Binance says it is winning crypto clients thanks to inflation
By Marcelo Rochabrun LIMA (Reuters) - Binance, the world's largest cryptocurrency exchange, is seeing a surge in clients due to rising inflation and a historically strong dollar that has depressed eme...
Syndicated Content Aug 10, 2022

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