Category Archives:
Alibaba’s Singles Day shopping event set to end with subdued sales and no fanfare
By Casey Hall SHANGHAI (Reuters) - As Alibaba Group wraps up the world's biggest online shopping festival on Friday, the operative word seems to be flat - potentially flat sales and flat in tone with ...
Nov 10, 2022
U.S. Treasury finds no currency manipulation, sees dollar strength easing
WASHINGTON (Reuters) - The U.S. Treasury Department on Thursday said no major U.S. trading partner manipulated its exchange rates to gain unfair competitive advantage through June 2022, but said it wo...
Nov 10, 2022
Mexico president expects to end his mandate without depreciation of peso
MEXICO CITY (Reuters) - Mexican President Andres Manuel Lopez Obrador said during a regular news conference on Thursday that he expects to end his mandate without a depreciation of the peso currency, ...
Nov 10, 2022
CAE shares surge as profit, revenue beats on flight simulator demand
(Reuters) - CAE Inc's U.S.-listed shares rose over 12% on Thursday after it posted second-quarter revenue and profit above analyst estimates, benefiting from a surge in demand for flight simulators at...
Nov 10, 2022
Amazon reviewing unprofitable business units to cut costs – WSJ
(Reuters) -Amazon.com Inc is reviewing unprofitable business units, including the devices division that houses its voice assistant Alexa, to cut costs, the Wall Street Journal reported on Thursday, se...
Nov 10, 2022
ASML launches 12 billion euro buyback, upgrades 2025 forecast
(Corrects day in first paragraph) AMSTERDAM (Reuters) -ASML Holding NV, a key supplier of equipment to computer chip manufacturers, on Thursday said it would launch a 12 billion euro ($12.2 billion) s...
Nov 10, 2022
FTX approaches crypto exchange Kraken for funds – Axios
(Reuters) - FTX has approached Kraken as potential rescue partner, Axios reported on Thursday, citing two people familiar with the matter, just hours after Chief Executive Sam Bankman-Fried said he ha...
Nov 10, 2022
Aviva Investors CEO says global finance architecture ‘not fit for purpose’
By Virginia Furness LONDON (Reuters) - Aviva Investors on Thursday called on the IMF, World Bank and global financial rulemakers to create a global transition plan for finance to support the faster mo...
Nov 10, 2022
U.S. Supreme Court’s Sotomayor rejects challenge to N.Y. COVID vaccine mandate
By Andrew Chung (Reuters) - U.S. Supreme Court Justice Sonia Sotomayor on Thursday rejected a bid to prevent New York City from enforcing its COVID-19 vaccine mandate for municipal workers against a g...
Nov 10, 2022
Exclusive-Energy firms’ multi-trillion derivative bets under ECB scrutiny -sources
By John O'Donnell and Christoph Steitz FRANKFURT (Reuters) - The European Central Bank is examining the use of derivatives by energy companies to make huge bets on future power and fuel prices, to see...
Nov 10, 2022
Peoria, IL, USA
43 °F Thunderstorm In Vicinity, Light Rain, Mist
