(Reuters) – Sensor maker Velodyne Lidar Inc said on Tuesday former chairman Michael Dee has resigned from the company’s board,…
Yellen urges Zambia debt restructuring after talks with China
By Andrea Shalal LUSAKA (Reuters) -U.S. Treasury Secretary Janet Yellen said on Monday on a visit to Zambia it was…
Debt ceiling ‘game of chicken’ will terrify markets -Bain Capital’s Lavine
By Nell Mackenzie LONDON (Reuters) – If the U.S. Congress becomes mired in an argument on whether to raise the…
Energy support, debt interest help to swell UK borrowing
By Andy Bruce LONDON (Reuters) – Britain’s government borrowed more last month than in any December since monthly records began…
Explainer-Shutdown? Default? Washington’s risky new debt ceiling standoff
By Andy Sullivan WASHINGTON (Reuters) – Partisan brinksmanship in the U.S. Congress has made government shutdowns seem a routine part…
Marketmind: Tech tonic, recession rethink
A look at the day ahead in U.S. and global markets from Mike Dolan. Pumped-up hopes for U.S. tech sector…
Primark cautious on 2023 after ‘very strong’ Christmas
By James Davey LONDON (Reuters) -Clothing retailer Primark reported better-than-expected trading over the Christmas quarter as shoppers returned to stores,…
Japan’s Nidec slashes full-year operating profit forecast on weak demand, restructuring costs
By Daniel Leussink TOKYO (Reuters) -Japanese electric motor maker Nidec Corp slashed its full-year operating profit forecast by nearly half…
Drop in business activity flags UK recession risk – flash PMI
By David Milliken LONDON (Reuters) -British private-sector economic activity fell at its fastest rate in two years in January, a…
Indonesia’s FDI jumps in 2022, led by mineral processing
By Stefanno Sulaiman and Gayatri Suroyo JAKARTA (Reuters) – Indonesia’s foreign direct investment surged 44.2% on a yearly basis in…