Category Archives:
Behind Foxconn’s China woes: mistrust, miscommunication, COVID curbs
By Yew Lun Tian, Yimou Lee and Brenda Goh SHANGHAI (Reuters) - When officials from his Chinese village approached Hou last month, urging him to work at the world's largest iPhone factory for at least ...
Nov 28, 2022
China property shares surge on opening up of equity financing option
HONG KONG (Reuters) - Shares of Chinese property companies soared on Tuesday after the country's securities regulator lifted a ban on equity refinancing for listed property firms, in the latest suppor...
Nov 28, 2022
Asia shares take comfort in China property rally
By Wayne Cole SYDNEY (Reuters) - Asian shares edged higher on Tuesday as Beijing's latest move to support developers boosted the property sector, though it was still not clear what new damage public u...
Nov 28, 2022
Snap employees to work from office starting February
(Reuters) - Snap Inc will require 80% of its employees to return to office from end-February, a company spokesperson told Reuters on Monday. "After working remotely for so long, we're excited to get e...
Nov 28, 2022
Dollar holds firm as China’s COVID-related worries weigh
By Harish Sridharan (Reuters) - The dollar held its overnight gains on Tuesday as concerns about unrest in China over COVID-19 restrictions dampened market sentiment, and as hawkish remarks from Feder...
Nov 28, 2022
Rates and recession: European shares face rocky start to 2023: Reuters Poll
By Danilo Masoni MILAN (Reuters) - Tightening financial conditions and the prospect of an economic recession are going to be a toxic brew for European shares going into 2023 with a key regional benchm...
Nov 28, 2022
Exclusive-South Korea’s Yoon: should pay attention to any ‘financial instability’
By Soyoung Kim SEOUL (Reuters) - South Korea's government and the central bank should pay greater attention to addressing any financial instability as the economy is headed for slower inflation, Presi...
Nov 28, 2022
Oil prices slide on concerns over China’s demand
By Yuka Obayashi TOKYO (Reuters) - Oil prices dropped in early trade on Tuesday, weighed down by concerns about slowing fuel demand in top crude importer China amid strict COVID-19 curbs. Brent crude ...
Nov 28, 2022
Trump ally Devin Nunes can sue NBCUniversal for defamation – judge
By Jonathan Stempel NEW YORK (Reuters) - A U.S. judge on Monday said Devin Nunes, the former California congressman and an ally of former U.S. President Donald Trump, can sue NBCUniversal for defamati...
Nov 28, 2022
Lawsuit against Google over app store competition gets class-action designation
By Mike Scarcella (Reuters) - A U.S. judge in California on Monday allowed litigation against Alphabet Inc's Google to proceed as a consumer class action of 21 million individuals who accuse the compa...
Nov 28, 2022
Peoria, IL, USA
38 °F Partly cloudy
