Category Archives:
Wall St extends losses as recession fears weigh
(Reuters) - Wall Street's main stock indexes extended losses on Friday as fears of a looming recession, sparked by the Federal Reserve's relentless battle against inflation, hammered sentiment. The Do...
Dec 16, 2022
App store avalanche forecast as Apple bows to EU demands
By Martin Coulter LONDON (Reuters) - Apple's rivals are positioning themselves as the go-to alternative to its dominant App Store as the iPhone maker prepares to allow others on its devices in the Eur...
Dec 16, 2022
Goldman Sachs to cut thousands of employees – source
NEW YORK (Reuters) - Goldman Sachs Group Inc is planning to cut a couple of thousand employees to navigate a difficult economic environment, a source familiar with the move said. The Wall Street bank ...
Dec 16, 2022
Vivendi offers remedies to address EU concerns over planned Lagardere takeover -filing
BRUSSELS (Reuters) - French media conglomerate Vivendi has offered remedies to address European Union (EU) competition concerns over its planned takeover of Lagardere, according to a filing on the Eur...
Dec 16, 2022
India court quashes tax dept’s $448 million block on Xiaomi’s deposits -sources
By Aditya Kalra NEW DELHI (Reuters) - An Indian court has quashed the income tax department's block on China-based Xiaomi Corp's fixed deposits worth 37 billion rupees ($447.65 million), two people fa...
Dec 16, 2022
Twitter manually reviewed all accounts that posted links to ElonJet -exec
By Sheila Dang (Reuters) - Twitter Inc's head of trust and safety told Reuters the company manually reviewed "any and all accounts" that violated its new privacy policy by posting links to a Twitter a...
Dec 16, 2022
Self-driving trucking firm TuSimple appoints CFO, reconstitutes audit panel
(Reuters) - TuSimple Holdings Inc appointed interim financial chief Eric Tapia on a permanent basis and reconstituted its audit committee, the self-driving trucking firm said on Friday, weeks after an...
Dec 16, 2022
Fortum CFO steps down, to be replaced by Uniper executive
OSLO (Reuters) -Finnish energy group Fortum said on Friday its Chief Financial Officer Bernhard Gunther will step down in the first quarter of 2023 and will be replaced by CFO Tiina Tuomela of Germany...
Dec 16, 2022
Italian economy to grow 0.4% in 2023, average inflation at 7.3% – central bank
MILAN (Reuters) - The Italian economy is expected to grow by 0.4% next year, a sharp slowdown compared with the 3.8% seen for 2022, the central bank said on Friday. Yet the view for 2023 is slightly b...
Dec 16, 2022
ECB’s Knot says Fed is closer to end of rate hikes than ECB
AMSTERDAM (Reuters) - The European Central Bank (ECB) has a longer way to go in raising interest rates than the Federal Reserve, but ultimately won't raise its rates to the same level as its U.S. coun...
Dec 16, 2022
Peoria, IL, USA
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