Category Archives:
Germany’s Volkswagen shares tumble after margin downgrade
(Reuters) - Volkswagen shares fell to their lowest since April 2020 on Monday after the German carmaker cut its profit margin outlook for the current year, disappointing some investors. Blaming negati...
Oct 23, 2023
Explainer-Crypto’s role in terrorist financing
LONDON (Reuters) - Cryptocurrency's role in terrorist financing and funding militant groups has come under renewed scrutiny following a deadly attack in Israel by Palestinian militant group Hamas. Isr...
Oct 23, 2023
Ten, no more? Five questions for the ECB
By Dhara Ranasinghe, Stefano Rebaudo and Naomi Rovnick LONDON (Reuters) - The European Central Bank has good reasons to hold fire on Thursday after raising interest rates at its past 10 meetings. Yet ...
Oct 23, 2023
Chinese retailers offer deep iPhone 15 discounts
By Sophie Yu and Brenda Goh BEIJING (Reuters) - Chinese e-commerce platforms including PDD Holdings' Pinduoduo and Alibaba's Taobao are offering deep discounts on Apple's latest iPhone 15 series, with...
Oct 23, 2023
European regulator approves Farfetch deal for YNAP, Richemont says
ZURICH (Reuters) - European authorities have approved online luxury retailer Farfetch's purchase of a stake in rival Yoox Net-A-Porter from Richemont in the last regulatory approval needed, the owner ...
Oct 23, 2023
Argentina vote headed for runoff between ruling Peronist and radical Milei
LONDON (Reuters) - A stronger-than-expected showing by Argentina's ruling Peronist coalition at a general election on Sunday has set the stage for a run-off vote on Nov. 19 between Economy Minister Se...
Oct 23, 2023
India 4% inflation focus may not signal ‘higher for longer’ rates -rate panel’s Varma, Goyal
By Ira Dugal and Swati Bhat MUMBAI (Reuters) - India's monetary policy committee's (MPC) decision to reinforce the 4% retail inflation target follows inflation returning to its 2%-6% comfort zone, but...
Oct 23, 2023
Indivior to pay $385 million to end Suboxone monopoly lawsuits
(Reuters) - Drugmaker Indivior said on Monday it will pay $385 million to settle a lawsuit brought by direct purchasers on claims it illegally suppressed generic competition for its opioid addiction t...
Oct 23, 2023
Japan launches antimonopoly probe into Google’s search dominance
TOKYO (Reuters) - Japan's competition watchdog on Monday said it would start investigating Google's possible breach of antimonopoly laws in web search services, following similar steps taken by author...
Oct 23, 2023
The battery test race to work out what used EVs are really worth
By Nick Carey and Paul Lienert LONDON/DETROIT (Reuters) - A race is on to certify battery health and performance in used electric vehicles, with a clutch of startups scrambling to help buyers figure o...
Oct 23, 2023
Peoria, IL, USA
38 °F Partly cloudy
