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Exclusive-U.S. regulators to vet Alibaba, other Chinese firms’ audits -sources
By Julie Zhu HONG KONG (Reuters) - U.S. regulators have selected e-commerce giant Alibaba Group Holding Ltd and other U.S.-listed Chinese companies for audit inspections starting next month, three sou...
Syndicated Content Aug 30, 2022
Explainer-Why Russia drives European and British gas prices
By Susanna Twidale LONDON (Reuters) - The Nord Stream 1 pipeline that transports gas from Russia to Germany will undergo maintenance from Aug.31 - Sept. 2, cutting flows to zero and raising concerns a...
Syndicated Content Aug 30, 2022
Fed’s Barkin: no need for possible U.S. recession to be ‘calamitous’
(Reuters) - The U.S. Federal Reserve's commitment to raising interest rates in order to bring inflation back down to its 2% goal will not necessarily result in a severe economic downturn and brings so...
Syndicated Content Aug 30, 2022
Truth Social android app not approved on Google Play Store – Axios
(Reuters) - Former U.S. President Donald Trump's social media platform Truth Social's android app has not yet been approved for distribution on Alphabet Inc's Google Play Store due to insufficient con...
Syndicated Content Aug 30, 2022
U.S. startup SiMa.ai starts shipping machine learning chip and system
By Jane Lanhee Lee (Reuters) - Silicon Valley-based SiMa.ai, a machine learning startup backed by Fidelity Management & Research Company, said on Tuesday it started shipping chips and systems to custo...
Syndicated Content Aug 30, 2022
Canadian banks brace for uncertainties after mixed quarter
By Nichola Saminather TORONTO (Reuters) - Bank of Montreal (BMO) closed out a mixed quarter for Canada's biggest banks on Tuesday, with investors and analysts expecting some earnings drivers to ebb an...
Syndicated Content Aug 30, 2022
Carrefour CEO says inflation crisis turning consumers into penny-pinchers
PARIS (Reuters) - Cost-conscious French consumers are ditching fish, buying cheaper meat and snubbing organic food to save money on their shopping, the head of Europe's largest food retailer said on T...
Syndicated Content Aug 30, 2022
Nikola to raise up to $400 million in stock sale
(Reuters) - Nikola Corp said on Tuesday it may sell shares to raise up to $400 million, as the electric truck maker looks to ramp up production amid rising costs. The company, which is grappling with ...
Syndicated Content Aug 30, 2022
German inflation hits nearly 50-year high in August
BERLIN (Reuters) -German inflation rose to its highest level in almost 50 years in August, beating a previous high set only three months earlier, as energy prices drove up inflation, data showed on Tu...
Syndicated Content Aug 30, 2022
Fintech firm Wise fined $360,000 by Abu Dhabi regulator
DUBAI (Reuters) - The regulator of Abu Dhabi's free zone financial centre said on Tuesday it had fined the local subsidiary of fintech firm Wise $360,000 for breaching anti-money laundering (AML) requ...
Syndicated Content Aug 30, 2022
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