Category Archives:
Japan’s Seven & i Holdings to sell Sogo & Seibu unit to Fortress -sources
TOKYO (Reuters) - Japan's Seven & i Holdings Co Ltd has decided to sell its Sogo & Seibu department store unit to U.S. fund Fortress Investment Group, people familiar with the matter said on Friday. S...
Nov 10, 2022
Oil crawls higher on U.S. hopes, but COVID rise in China caps gains
MELBOURNE (Reuters) - Oil prices rose on Friday as fears of a U.S. recession eased but were on track for weekly declines of more than 4% after a jump in COVID-19 cases in top oil importer China raised...
Nov 10, 2022
SMIC Co-CEO warns of ‘adverse impact’ of U.S. export controls on production
SHANGHAI (Reuters) - Semiconductor Manufacturing International Corporation (SMIC) co-CEO Zhao Haijun said on Friday on an earnings call that recent export controls from the United States will have an ...
Nov 10, 2022
S.Korea central bank governor says dollar/won moves in line with expectations
SEOUL (Reuters) - South Korea's central bank governor on Friday said recent dollar/won movement was in line with his expectations, as currency market movements seem to have stabilised compared with a ...
Nov 10, 2022
Australian telecom firms fined $22.1 million for inaccurate internet speed claims
(Reuters) - Three Australian telecom firms have been ordered by a court to pay a collective A$33.5 million ($22.08 million) for making misleading claims about internet speed, the country's competition...
Nov 10, 2022
Dollar dives as investors cheer after U.S. inflation misses forecasts
By Rae Wee SINGAPORE (Reuters) - The dollar languished on Friday after U.S. inflation data came in cooler than expected, raising market hopes that inflation may have peaked and that the Federal Reserv...
Nov 10, 2022
Mexico president confirms nomination of cenbanker Esquivel for IDB chief
MEXICO CITY (Reuters) - Mexican President Andres Manuel Lopez Obrador confirmed on Thursday the nomination of Bank of Mexico Deputy Governor Gerardo Esquivel for the presidency of the Inter-American D...
Nov 10, 2022
Buffett’s Berkshire sheds large portion of US Bancorp stake
(Reuters) - Berkshire Hathaway Inc, the conglomerate run by billionaire Warren Buffett, said on Thursday it has shed more than 91 million US Bancorp shares since the start of the year, reducing its st...
Nov 10, 2022
Japan to invest up to $500 million in new advanced chip development company
TOKYO (Reuters) - Japan will invest up to 70 billion yen ($500 million) in a new semiconductor company led by major Japanese tech firms including Sony Group Corp and NEC Corp that aims to re-establish...
Nov 10, 2022
U.S. judge declares Biden’s student debt relief plan unlawful
By Nate Raymond (Reuters) -A federal judge in Texas on Thursday ruled that President Joe Biden's plan to cancel hundreds of billions of dollars in student loan debt was unlawful and must be vacated, d...
Nov 10, 2022
Peoria, IL, USA
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