Category Archives:
U.S. Treasury acknowledges Bank of Japan forex intervention
WASHINGTON (Reuters) - The U.S. Treasury on Thursday acknowledged the Bank of Japan's intervention in the foreign exchange, but stopped short of endorsing the move. "The Bank of Japan today intervened...
Sep 22, 2022
Facebook whistleblower launches nonprofit to solve social media harms
By Sheila Dang (Reuters) - Facebook whistleblower Frances Haugen is launching a nonprofit organization that will seek solutions to harms created by social media, she said on Thursday. The former produ...
Sep 22, 2022
Faraday Future says ‘misinformation campaign’ hurt fundraising efforts
(Reuters) - Faraday Future Intelligent Electric said on Thursday a "misinformation campaign" has affected its fundraising efforts as the startup looks to start production of its FF 91 luxury electric ...
Sep 22, 2022
BBVA Mexico grants $225 million green loan to fund Toyata hybrid vehicles
MEXICO CITY (Reuters) - BBVA Mexico has issued a 4.5 billion pesos ($225 million) green loan to Toyota Financial Services Mexico to finance hybrid vehicles, according to a statement published by the b...
Sep 22, 2022
Bank of Canada says not involved in FX intervention to shore up yen
OTTAWA (Reuters) - The Bank of Canada said on Thursday it had not participated in any currency market intervention, after Japan moved earlier in the day to buy yen for the first time since 1998 to sho...
Sep 22, 2022
Prada plays with contrasts at Milan Fashion Week show
MILAN (Reuters) - Simplicity and contrasts were the main themes at the Prada catwalk show in Milan on Thursday, with the Italian luxury label stripping off "unnecessary complication" in its latest wom...
Sep 22, 2022
Germany must utilize fiscal policy to support economy – Habeck
BERLIN (Reuters) - Germany must fully utilize its fiscal policy to preserve the economy and keep business and industry investments, Economy Minister Robert Habeck said on Thursday. Habeck said the abi...
Sep 22, 2022
Alex Jones begins testimony in Sandy Hook defamation trial
(Reuters) - Alex Jones took the stand on Thursday in a trial to decide how much he must pay families of victims of the 2012 Sandy Hook mass shooting for falsely claiming the massacre was a hoax. The t...
Sep 22, 2022
Exclusive-Credit Suisse sounds out investors about capital hike – sources
By Oliver Hirt FRANKFURT (Reuters) - Credit Suisse is sounding out investors for fresh cash, two people familiar with the matter said, approaching them for the fourth time in roughly seven years as it...
Sep 22, 2022
U.S. growth funds squeezed by rate hike worries
By Patturaja Murugaboopathy and Gaurav Dogra (Reuters) - U.S. growth funds are experiencing massive outflows this year due to rising interest rates, with the Federal Reserve's resolve to keep hiking t...
Sep 22, 2022
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