Category Archives:
Abbott, other formula makers face FTC investigation for collusion – WSJ
(Reuters) - The U.S. Federal Trade Commission is investigating whether baby-formula makers colluded on bids for attractive state contracts, the Wall Street Journal reported on Wednesday. The FTC said ...
May 23, 2023
Marketmind: UK awaits CPI; US debt standoff casts long shadow
A look at the day ahead in European and global markets from Kevin Buckland Britain gets a read on how much inflation is receding under the weight of 450 basis points of hikes since December 2021, when...
May 23, 2023
China’s Lenovo revenue falls for third consecutive quarter as PC demand slumps
By Josh Ye HONG KONG (Reuters) - China's Lenovo Group Ltd on Wednesday reported a 24% fall in revenue for the January-March quarter, meeting market expectations, as demand for personal computers (PCs)...
May 23, 2023
Sony says independent player status paying off in streaming war
By Sam Nussey TOKYO (Reuters) - Sony Group Corp said on Wednesday that its status as an independent provider of content to streaming services is paying off at a time when platform operators are coming...
May 23, 2023
Asia water, energy supplies at risk as climate woes mount – research
By David Stanway SINGAPORE (Reuters) - Climate-related disruptions to the crucial Hindu Kush-Himalayan water system are posing risks to economic development and energy security in 16 Asian countries, ...
May 23, 2023
South Korea asks US to review China rule for chip subsidies
By Soo-hyang Choi SEOUL (Reuters) - South Korea has asked Washington to review its criteria for new semiconductor subsidies, concerned over the impact of rules to limit chip investment in countries su...
May 23, 2023
What US Treasury debt payments are at risk of default?
By Davide Barbuscia NEW YORK (Reuters) - Wall Street's focus is turning to at-risk U.S. Treasury debt payments as the deadline to raise the government's $31.4 trillion borrowing limit or risk default ...
May 23, 2023
US money market fund assets hit record highs despite debt-ceiling fears
By John McCrank NEW YORK (Reuters) - U.S. money market fund assets hit a new record of $5.8 trillion this week as yield-hungry investors continued to turn to the short-term debt securities - a stark c...
May 23, 2023
Moonfire Ventures raises $115 million to fund European tech startups and AI firms
PARIS (Reuters) - Moonfire Ventures, launched in 2020 by former Atomico co-founder Mattias Ljungman, said on Wednesday that it had raised $115 million to invest in European startup technology firms an...
May 23, 2023
Japan’s plan to issue bonds to fund childcare programme adds to debt burden
By Leika Kihara and Tetsushi Kajimoto TOKYO (Reuters) - Japan's government is expected to fund part of its spending for childcare measures by issuing additional bonds over a period of roughly two year...
May 23, 2023
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