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Hindenburg shorts Jack Dorsey’s payments firm Block, shares plunge
(Reuters) - Hindenburg Research on Thursday disclosed short positions in Block Inc and alleged that the Jack Dorsey-led payments firm overstated its user numbers and understated its customer acquisiti...
Syndicated Content Mar 23, 2023
New EU fiscal rules cannot allow ‘a la carte’ polices -Gentiloni
BRUSSELS (Reuters) - The European Union's planned new fiscal rules cannot give governments a free hand in the choice of fiscal policies, even if they do offer individual debt reduction paths, European...
Syndicated Content Mar 23, 2023
Starbucks new CEO urges care for employees amid labor strife
By Hilary Russ NEW YORK (Reuters) - Starbucks, which has faced criticism over its opposition to union organizing, wants to be "a different kind of company" that cares for its frontline workers, new CE...
Syndicated Content Mar 23, 2023
ECB could hike rates again in May to tame stubborn inflation: Knot
By Balazs Koranyi and Toby Sterling FRANKFURT/AMSTERDAM (Reuters) - The European Central Bank may need to raise rates again in May to fight inflation, Dutch central bank chief Klass Knot said, adding ...
Syndicated Content Mar 23, 2023
Bank of England raises interest rates again, sees inflation falling
By William Schomberg and David Milliken LONDON, March 23 (Reuters) - The Bank of England raised interest rates by a further quarter of a percentage point on Thursday and said it expects the surge in B...
Syndicated Content Mar 23, 2023
China to stabilise automobile, consumer electronics consumption
BEIJING (Reuters) - China will make efforts to stabilise automobile, consumer electronics consumption, and expand home appliances and green building materials consumption, the Ministry of Industry and...
Syndicated Content Mar 23, 2023
The long-running crisis at Japan’s Toshiba
By Makiko Yamazaki TOKYO (Reuters) - Toshiba Corp's board on Thursday accepted a buyout offer from a group led by private equity firm Japan Industrial Partners (JIP), ending months of speculation over...
Syndicated Content Mar 23, 2023
TSX futures edge higher as bullion prices gain
(Reuters) - Futures for Canada's main stock index were slightly up on Thursday as bullion advanced but lower crude oil prices kept a lid on gains for the commodity-heavy bourse. March futures on the S...
Syndicated Content Mar 23, 2023
Italy preparing new $5.5 billion euro package to offset costly energy bills, sources say
By Giuseppe Fonte ROME (Reuters) - Italy is preparing a new package of measures worth around 5 billion euros ($5.5 billion) to help businesses and families cope with costly energy bills which it plans...
Syndicated Content Mar 23, 2023
BofA, UBS trim forecast for Fed funds rate amid banking crisis
(Reuters) - Bank of America and UBS trimmed their terminal rate expectations on Thursday after the U.S. Federal Reserve hinted that it might pause its rate-hike campaign due to the turmoil in the bank...
Syndicated Content Mar 23, 2023

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