Category Archives:
US lifts import ban on Malaysia’s Smart Glove
KUALA LUMPUR (Reuters) - The United States lifted a 17-month import ban on products from Malaysian rubber glove maker Smart Glove, saying the company has addressed exploitative labour practices. U.S. ...
Apr 26, 2023
China’s Q1 industrial profit falls 21.4% y/y
BEIJING (Reuters) - Profit at China's industrial firms fell 21.4% in the first quarter from a year earlier, official data showed on Thursday, as the factory sector struggled to shake off the fallout f...
Apr 26, 2023
ADB head: Developing Asia’s growth robust, tightening global finances a risk
(Reuters) - Asia's developing economies have seen "very robust" growth but face risks from tightening global financial conditions due to rapid U.S. and European interest rate hikes, Asian Development ...
Apr 26, 2023
Alphabet, Meta lure back advertisers as smaller rivals expected to struggle
By Sheila Dang (Reuters) - Advertisers are sticking with safe havens Alphabet and Meta Platforms in an uncertain economy, their quarterly results showed, likely helping the tech giants take market sha...
Apr 26, 2023
Woodside faces investor wrath over climate concerns
(Reuters) - Woodside Energy Group Ltd faces an investor backlash at its annual general meeting on Friday, as shareholder groups call for a vote against its executive pay and seek to remove three direc...
Apr 26, 2023
Oil prices rebound after recession fear, Russia exports fuelled earlier losses
By Katya Golubkova TOKYO (Reuters) - Oil prices rose on Thursday, paring earlier losses that were fuelled by U.S. recession fear and increased Russian oil exports dulling the impact of OPEC production...
Apr 26, 2023
Nomura shares drop more than 7% after posting 76% profit drop
TOKYO (Reuters) - Nomura Holdings Inc shares dropped more than 7% early on Thursday after it posted a sharp fall in its quarterly net profit as worries about a global banking crisis roiled markets and...
Apr 26, 2023
Geely’s EV brand Zeekr jumps on the ‘gigapress’ bandwagon
By Norihiko Shirouzu (Reuters) - Geely's EV brand Zeekr is the latest to join a growing list of automakers that have turned to the "gigapress" die casting technique pioneered by Tesla to slash the cos...
Apr 26, 2023
Two U.S. Air Force commanders suspended in unit of accused intelligence leaker
By Dan Whitcomb (Reuters) - The U.S. Air Force has suspended two commanders from the National Guard unit where accused classified intelligence leaker Jack Teixeira served, a USAF spokesman said on Wed...
Apr 26, 2023
Samsung Electronics reports 95% plunge in first-quarter profit
SEOUL (Reuters) - Samsung Electronics Co Ltd reported a 95% plunge in first-quarter profit on Thursday as it grapples with a sharp global downturn in semiconductor demand that has sent prices plummeti...
Apr 26, 2023
Peoria, IL, USA
39 °F Light Rain
