© Reuters. FILE PHOTO: President and Chief Executive Officer of the Federal Reserve Bank of Atlanta Raphael W. Bostic speaks at a European Financial Forum event in Dublin, Ireland February
Category: Finance
finance, world economy,
Peloton sues Lululemon in battle over bras and leggings
Peloton has sued Lululemon after the athletic apparel maker threatened its own lawsuit over the exercise bike company’s new apparel line. The lawsuit was filed in Manhattan federal court on Wednesday night,
Old Spice, Secret deodorant sprays recalled over cancer-causing chemical
Proctor & Gamble said it is voluntarily recalling certain Old Spice and Secret aerosol anti-perspirant sprays due to the presence of a cancer-causing chemical. The consumer-products giant’s recall affects 18
China reportedly pressuring Didi to delist from NYSE
Chinese regulators have pressed top executives of ride hailing giant Didi to devise a plan to delist from the New York Stock Exchange due to concerns about data security, two people with
Canada releases 50 million pounds from maple syrup reserve amid global shortage
Canadian maple syrup producers are tapping the country’s emergency reserve of the sticky sweet stuff as it looks to meet demand amid a global shortage. The Quebec Maple Syrup Producers
Disney to spend $33B next year on new shows, outspending Netflix
Disney said it plans to amp up what it spends on new movies and shows next year as it looks to unseat the world’s largest streaming service, Netflix. The Mouse
ECB sticks to ending emergency support in March despite new COVID threat
© Reuters. FILE PHOTO: European Central Bank (ECB) Vice-President Luis de Guindos attends a news conference on the outcome of the meeting of the Governing Council, in Frankfurt, Germany, October
Analysis-New COVID scare sparks rate rethink in markets
3/3 © Reuters. FILE PHOTO: Traders look on as a screen shows Federal Reserve Chairman Jerome Powell’s news conference after the U.S. Federal Reserve interest rates announcement on the floor
UK stands shoulder to shoulder with Poland -PM’s office
2/2 © Reuters. British Prime Minister Boris Johnson, right, sits with Polish Prime Minister Mateusz Morawiecki at the start of their meeting inside 10 Downing Street in London, Britain, November
China central bank gives go-ahead to credit-scoring venture backed by Ant, state firms
© Reuters. FILE PHOTO: A man walks past an Ant Group logo at the World Artificial Intelligence Conference (WAIC) in Shanghai, China July 8, 2021. REUTERS/Yilei Sun BEIJING (Reuters) -China’s
Euro zone economy faces risk from new surge in virus, ECB policymakers say
© Reuters. FILE PHOTO: European Central Bank (ECB) Vice-President Luis de Guindos attends a news conference on the outcome of the meeting of the Governing Council, in Frankfurt, Germany, October
Evergrande founder sells 9% stake for $344 million amid debt crunch
© Reuters. FILE PHOTO: China Evergrande Group Chairman Hui Ka Yan attends a news conference on the property developer’s annual results in Hong Kong, China March 28, 2017. REUTERS/Bobby Yip/File
Turks scramble to find medications after lira plunge hits supply
2/2 © Reuters. FILE PHOTO: People shop in the Grand Bazaar in Istanbul, Turkey, October 26, 2021. REUTERS/Umit Bektas/File Photo 2/2 By Ceyda Caglayan ISTANBUL (Reuters) – Some Turks are
Cryptos continue to slide as total market falls under $2.5 trillion
Cryptocurrencies continued their weeks-long decline on Friday, with the value of the total market falling below $2.5 trillion as bitcoin officially sagged into bear market territory. By 7 a.m. ET,
U.S. bond funds see first weekly outflow in over four months -Lipper
© Reuters. FILE PHOTO: A trader works on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., August 9, 2021. REUTERS/Andrew Kelly/File Photo
Dow futures tank as new COVID variant in South Africa stokes concerns
Concerns over the new COVID-19 variant discovered in South Africa hammered stock markets across the world Friday, sending all three of the major US indices down at least 1 percent.
Britain’s markets watchdog equips itself to put out fires faster
© Reuters. FILE PHOTO: A general view of the Canary Wharf financial district in London, Britain April 25, 2021. Picture taken April 25 with a drone. REUTERS/Kevin Coombs By Huw
Japan approves extra budget, worries rise over debt pile
© Reuters. FILE PHOTO: Light is cast on a Japanese 10,000 yen note as it’s reflected in a plastic board in Tokyo, in this February 28, 2013 picture illustration. REUTERS/Shohei
New Covid-19 Strain, Markets Tumble, Black Friday – What’s Moving Markets
© Reuters By Geoffrey Smith Investing.com — Risk assets around the world tumble after South Africa identified a new strain of heavily-mutated Covid-19 virus which appears to have driven out
Ageing ‘vortex’ could calm inflation excitement :Mike Dolan
© Reuters. FILE PHOTO: People are seen on Wall St. outside the New York Stock Exchange (NYSE) in New York City, U.S., March 19, 2021. REUTERS/Brendan McDermid/File Photo By Mike
China central bank allows set-up of credit scoring venture backed by Ant, state firms
© Reuters. FILE PHOTO: A man walks past an Ant Group logo at the World Artificial Intelligence Conference (WAIC) in Shanghai, China July 8, 2021. REUTERS/Yilei Sun BEIJING (Reuters) –
Take Five: First test of December
© Reuters. FILE PHOTO: A Wall Street sign outside the New York Stock Exchange in New York City, New York, U.S., October 2, 2020. REUTERS/Carlo Allegri/File Photo (Reuters) – Fresh
Euro zone lending to companies accelerated in October
© Reuters. FILE PHOTO: The euro sign is photographed in front of the former headquarters of the European Central Bank in Frankfurt, Germany, April 9, 2019. REUTERS/Kai Pfaffenbach/File Photo FRANKFURT
Nearly 90% of Japan regional banks receive payments under BOJ scheme
© Reuters. FILE PHOTO: A man wearing a protective mask walks past the headquarters of the Bank of Japan amid the coronavirus disease (COVID-19) outbreak in Tokyo, Japan, May 22,
Marketmind: It’s looking like a Black Friday
© Reuters. FILE PHOTO: Special discount on Black Friday sales is offered at a fashion store, as the spread of the coronavirus disease (COVID-19) continues, in Zurich, Switzerland November 27,
JPMorgan: No signs of funding stress in Turkey banking system
© Reuters. FILE PHOTO: Turkish lira banknotes are seen in this illustration taken in Istanbul, Turkey November 23, 2021. REUTERS/Murad Sezer/Illustration LONDON (Reuters) – JPMorgan (NYSE:) said it sees no
Hong Kong home prices ease for 2nd month after record high
© Reuters. FILE PHOTO: An aerial view shows Choi Hung public housing estate and other residential buildings with the Lion Rock peak in the background, in Hong Kong, China June
China issues draft rules to govern online advertising
© Reuters. FILE PHOTO: A computer network cable is seen above a Chinese flag in this July 12, 2017 illustration photo. REUTERS/Thomas White/Illustration SHANGHAI (Reuters) – China’s market regulator proposed
Japan PM Kishida urges companies to raise wages by 3% or more
TOKYO (Reuters) – Japanese Prime Minister Fumio Kishida on Friday urged companies whose earnings have recovered pre-pandemic levels to raise wages by 3% or more at their labour talks next
Japan govt official denies reports that PM to call for 3% wage hike next year
© Reuters. FILE PHOTO: Japanese Prime Minister Fumio Kishida speaks during his press conference, after the parliament re-elected him as prime minister following an election victory last month by his