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Apple cuts production of iPhone 14 Plus – the Information
(Reuters) - Apple Inc is cutting production of iPhone 14 Plus, the Information reported on Tuesday, citing two people involved in the company's supply chain. Apple did not immediately respond to a Reu...
Syndicated Content Oct 18, 2022
Explainer-Parler: what is the social media app Kanye West is buying?
By Josie Kao (Reuters) - U.S. rapper Kanye West, who now goes by Ye, has agreed in principle to buy social media platform Parler, which is popular among U.S. conservatives, the app's parent company sa...
Syndicated Content Oct 18, 2022
Brazil’s furriest police corporal becomes internet sensation
RIO DE JANEIRO (Reuters) - A rescue dog turned police mascot has become one of Brazil's most beloved furry internet sensations. Dubbed "Corporal Oliveira," the dog was taken in by Rio police officer C...
Syndicated Content Oct 18, 2022
Twitter locks staff stock accounts in anticipation of deal – Bloomberg News
(Reuters) - Twitter Inc has frozen equity award accounts for employees days ahead of the deadline to close its deal with Elon Musk, Bloomberg News reported on Tuesday, a sign that the social media fir...
Syndicated Content Oct 18, 2022
Poland has no ample space to hike rates, central banker Kochalski says
WARSAW (Reuters) - The Polish central bank does not have ample room to increase interest rates amid an expected economic slowdown, central banker Cezary Kochalski said on Tuesday. Poland's inflation w...
Syndicated Content Oct 18, 2022
Currency hit to N. American companies seen ‘bad’ after rough Q2 -report
By Caroline Valetkevitch NEW YORK (Reuters) - A surging U.S. dollar is likely to weigh even more on North American companies' third-quarter results than in the prior quarter, when the currency impact ...
Syndicated Content Oct 18, 2022
Goldman CEO says reasonable chance of U.S. recession in 2023
By Saeed Azhar and Lananh Nguyen NEW YORK (Reuters) - The United States may tip into a recession next year, but it is possible that inflation can be tamed without causing too much economic pain, Goldm...
Syndicated Content Oct 18, 2022
Minneapolis Fed directors wanted 100 bp discount rate hike in September
By Michael S. Derby NEW YORK (Reuters) - Federal Reserve Bank of Minneapolis board members sought a full percentage point increase in a key emergency borrowing rate for commercial banks ahead of the c...
Syndicated Content Oct 18, 2022
Singapore’s GIC says global recession scenario possible, eyes Australia opportunities
By Praveen Menon SYDNEY (Reuters) - Singapore sovereign wealth fund GIC, one of the world's biggest investors, said it is factoring in the potential for a global recession and was prepared to stress-t...
Syndicated Content Oct 18, 2022
Malawi close to sealing $54 million IMF emergency funding for economic shock
By Frank Phiri LILONGWE (Reuters) - International Monetary Fund approval of up to $54 million of emergency funding for Malawi is likely in the next couple of days, sources said on Tuesday, as the sout...
Syndicated Content Oct 18, 2022

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