Category Archives:
Mixing old and new, Gucci hosts show in 14th century Seoul palace
By Ju-min Park SEOUL (Reuters) - With sparkling lights and beating drums, Italian luxury label Gucci took over a 14th century Seoul Palace on Tuesday to showcase its cruise collection, blending Korean...
May 16, 2023
US manufacturing production surges in April on motor vehicles
WASHINGTON (Reuters) - Production at U.S. factories surged in April, driven by an increase in output at motor vehicle plants, but manufacturing continues to be constrained by higher interest rates. Ma...
May 16, 2023
UK nanotech firm Nanosynth proposes to enter voluntary liquidation
(Reuters) - Nanosynth Group said on Tuesday it has proposed to enter into creditors' voluntary liquidation, after an unsuccessful attempt to procure necessary funding. The company had flagged the lack...
May 16, 2023
Singaporean tech firm Sea’s profit miss sparks share selloff
(Reuters) -Singaporean tech firm Sea Ltd missed first-quarter profit estimates on Tuesday, as its digital entertainment revenue halved and it took a one-time charge of more than $100 million. Sea shar...
May 16, 2023
US homebuilder sentiment rises to 10-month high in May
WASHINGTON (Reuters) - U.S. homebuilder sentiment rose to a 10-month high in May as tight housing supply boosted demand for new construction, according to a survey on Tuesday that also showed tighteni...
May 16, 2023
AutoNation names Thomas Szlosek as CFO
(Reuters) - AutoNation Inc named Thomas Szlosek as its chief financial officer, effective on or about Aug. 7, the auto retailer said on Tuesday. Szlosek will move from medical product maker Avantor In...
May 16, 2023
USDOJ to announce first ‘disruptive technology’ strike force cases
WASHINGTON (Reuters) - The Justice Department plans on Tuesday to announce the first enforcement actions from its "disruptive technology" strike force, the U.S. Attorney's Office in Manhattan said on ...
May 16, 2023
Israel economy grows 2.5% in Q1, likely clinches another rate hike
By Steven Scheer and Maayan Lubell JERUSALEM (Reuters) - Israel's economy slowed less than expected in the first quarter of 2023 due to strong industrial investment and along with strong inflation is ...
May 16, 2023
NY Fed May survey finds rising number of firms expect credit tougher to get
By Michael S. Derby NEW YORK (Reuters) - Leaders of factory and service sector firms in the New York Fed's district said access to credit has been mostly stable in May over the last three months, but ...
May 16, 2023
U.S. refiners build new oil processing as travel rises
By Erwin Seba HOUSTON (Reuters) - U.S. oil refiners aim to run at up to 94% of a total 17.9 million barrels per day processing capacity this quarter, according to company forecasts and analysts, drive...
May 16, 2023
Peoria, IL, USA
62 °F Sunny
