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India, Foxconn’s worries over Vedanta’s financials led to JV pullout – sources
By Yimou Lee TAIPEI (Reuters) -The Indian government and Foxconn had concerns over the financial situation of Vedanta, which led to the Taiwanese company parting ways with Vedanta on a chipmaking join...
Syndicated Content Jul 11, 2023
Trump-tied SPAC Digital World names Swider as permanent CEO
(Reuters) - Digital World Acquisition has named Eric Swider as CEO, handing the interim boss reins of the blank-check company that is looking to complete its planned merger with former U.S. President ...
Syndicated Content Jul 11, 2023
Bank of England may need to keep rates higher for longer, IMF says
By David Milliken LONDON (Reuters) -The Bank of England may have to keep interest rates high for an extended period if inflation pressures persist, and it was right to raise them by half a percentage ...
Syndicated Content Jul 11, 2023
Gary Lineker retains top spot in BBC pay list, with 1.35 million pounds
LONDON (Reuters) - Gary Lineker retained his position as the best-paid presenter employed by Britain's BBC, taking home more than 1.35 million pounds ($1.74 million) in the 2022-23 financial year, acc...
Syndicated Content Jul 11, 2023
OECD sees scope for profits to absorb wage hikes
PARIS (Reuters) - Companies in most countries have enough profit to be able to absorb an increase in wages needed for staff to cope with high inflation, the Organisation for Economic Cooperation and D...
Syndicated Content Jul 11, 2023
World’s biggest gallium buyer says clients stockpiling
By Ludwig Burger FRANKFURT (Reuters) - China's planned export controls on gallium have caused frantic stockpiling of speciality semiconductor wafers made from the metal, according to the world's large...
Syndicated Content Jul 11, 2023
Amazon challenges EU online content rules, says unfairly singled out
BRUSSELS (Reuters) - Amazon has launched a legal challenge against its inclusion in a group of companies subject to tough EU online content rules, saying it would be unfairly singled out if other larg...
Syndicated Content Jul 11, 2023
China June new bank loans jump more than expected on policy support
BEIJING (Reuters) - China's new bank loans jumped more than expected in June from the previous month, helped by central bank efforts to support the economy as a post-pandemic recovery fades. Chinese b...
Syndicated Content Jul 11, 2023
Factbox-Canadian companies halt ads on Facebook, Instagram after Meta blocks news access
(Reuters) - Several Canadian companies and government agencies have stopped advertising on Facebook and Instagram after Meta Platforms decided to stop news access on the apps over a law that requires ...
Syndicated Content Jul 11, 2023
Futures edge higher as investors await inflation data
(Reuters) - U.S. stock index futures crept higher on Tuesday ahead of key inflation data that could support a sooner-than-expected end to the Federal Reserve's hawkish stance. After last week's jobs r...
Syndicated Content Jul 11, 2023
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