Category Archives:
Dollar falls, pulling back on gains from Friday’s jobs data
LONDON (Reuters) - The dollar fell on Monday, losing some of the gains it had made from Friday's U.S. jobs data, as currency markets pulled back on their initial reaction. Higher-than-expected U.S. em...
Aug 08, 2022
Trade war with China could cost Germany six times as much as Brexit – Ifo
BERLIN (Reuters) - Germany would face costs almost six times as high as Brexit if it and the European Union were to shut China out of their economies, the Ifo institute said on Monday, citing the resu...
Aug 08, 2022
PwC fined $2 million over BT audit after fraud discovered in Italy
LONDON (Reuters) - Britain's accounting watchdog on Monday said it has fined auditor PwC 1.75 million pounds ($2.12 million) after it failed to properly challenge UK telecoms group BT once fraud was d...
Aug 08, 2022
European shares bounce as cyclicals, growth stocks find footing
(Reuters) - European shares opened higher on Monday, led by cyclical and growth stocks, after clocking falls in the previous week when a strong U.S. jobs report rekindled bets of another aggressive ra...
Aug 08, 2022
Explainer-What to watch out for as talks on U.S.-China audit deal drag on
By Xie Yu HONG KONG (Reuters) - The list of Chinese companies facing delisting risks in New York in a long-running dispute over Chinese audits of their accounts continues to expand with the addition o...
Aug 08, 2022
Fourth person reported drowned in New Mexico wildfire area floods
By Andrew Hay TAOS, N.M. (Reuters) - A man drowned on Sunday in northern New Mexico when a flash flood swept through a burn area left by the state's largest recorded wildfire, according to a local ran...
Aug 08, 2022
Indonesia says Tesla strikes $5 billion deal to buy nickel products – media
JAKARTA (Reuters) - U.S. carmaker Tesla has signed contracts worth about $5 billion to buy materials for their batteries from nickel processing companies in Indonesia, a senior cabinet minister told C...
Aug 08, 2022
Ukraine faces key test on debt freeze plan in bid to avoid messy default
By Jorgelina do Rosario and Karin Strohecker LONDON (Reuters) - Ukraine's creditors vote this week on a government proposal to defer payments on the war-torn country's international bonds for 24 month...
Aug 08, 2022
Explainer-What is at stake for investors in Kenya’s elections?
By Duncan Miriri and Karin Strohecker NAIROBI (Reuters) - Millions of Kenyans will head to the polls on Tuesday to pick a new president in a fiercely contested election that pitches veteran opposition...
Aug 08, 2022
SoftBank posts $17 billion Vision Fund loss in first quarter
TOKYO (Reuters) - SoftBank Group Corp on Monday posted a 2.33 trillion yen ($17.23 billion) loss at its Vision Fund unit in the April-June quarter as the value of its tech portfolio slid. SoftBank had...
Aug 08, 2022
Peoria, IL, USA
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