Posted inEconomy
Stocks settle in for nervous wait on US CPI
By Tom Westbrook SINGAPORE (Reuters) – Asian stock markets and the dollar took a breather on Wednesday ahead of an anticipated rate cut in Canada and a U.S. inflation reading…
Posted inEconomy
EY worker’s death spotlights India’s unprotected white-collar labour
By Shivam Patel NEW DELHI (Reuters) – Authorities in two Indian states that are driving its economic growth are drafting tighter workplace rules and inspections to protect white collar employees…
Posted inStock
Japanese takeover could spell long-term decline of U.S. Steel, union chief says
By John Geddie (Reuters) -The head of a powerful labour union opposing U.S. Steel’s sale to Japan’s Nippon Steel said he has not received assurances that the would-be owners are…
Posted inStock
Google’s biggest bet is AI for search, investment chief says
By Jeffrey Dastin NEW YORK (Reuters) -Alphabet, the Google parent that has pioneered self-driving cars and quantum computing, is making its biggest bet much closer to home: online search. Applying…
Posted inStock
Lawsuit accuses major food companies of marketing ‘addictive’ food to kids
By Brendan Pierson (Reuters) -Major food companies, including Kraft Heinz (NASDAQ:KHC), Mondelez (NASDAQ:MDLZ) and Coca-Cola (NYSE:KO), were hit with a new lawsuit in the U.S. on Tuesday accusing them of…
Posted inEconomy
Dollar holds ground ahead of CPI, Aussie wallows near 4-month low
By Kevin Buckland TOKYO (Reuters) – The dollar traded close to a two-week high versus the yen on Wednesday ahead of a highly anticipated reading of U.S. inflation that could…
Posted inEconomy
Party City mulling second bankruptcy filing, Bloomberg reports
(Reuters) – Party City Holdco Inc (OTC:PRTYQ) is planning a second bankruptcy filing nearly two years after it filed for one in the U.S. as it runs out of cash…
Posted inEconomy
Asia Pacific sees slight growth downgrade on US trade policies, China steady – ADB
Investing.com– Asia Pacific’s economic growth is expected to be slightly lower than the previous projections, as potential policy shifts in the U.S. under incoming President Donald Trump could impact the…
Posted inEconomy
ADB trims developing Asia’s growth forecast, flags US policy risks
MANILA (Reuters) – Developing Asia is likely to grow more slowly than previously thought this year and next, and the outlook could worsen if President-elect Donald Trump makes swift changes…
Posted inStock
BlackRock COO looking to improve tech, AI capabilities
By Lewis (JO:LEWJ) Krauskopf and Carmel Crimmins NEW YORK (Reuters) -BlackRock Inc, the world’s largest asset manager, is looking for opportunities to expand its technology capabilities including in the area…