MANILA (Reuters) – Philippine inflation was likely within the 7.8% to 8.6% range in December because of upward pressures from…
Brazil’s BRF signs $111 million leniency deal after graft accusations
SAO PAULO (Reuters) – Brazilian food processor BRF SA on Wednesday signed a leniency agreement with local authorities over payments…
South Korea promises policy support as Nov data clouds growth outlook
SEOUL (Reuters) -South Korea’s retail sales fell for a third straight month in November, data showed on Thursday, clouding economic…
U.S. stocks drop on recession fears, Nasdaq closes at new bear market low
By Echo Wang (Reuters) – Wall Street’s main indexes ended weaker on Wednesday, with the Nasdaq hitting a 2022 closing…
Amazon planning standalone app for sports content – The Information
(Reuters) -Amazon.com Inc is working on a standalone app for watching sports content, the Information reported on Wednesday, citing a…
Lockheed’s Sikorsky seeks review of Black Hawk replacement contract
(Reuters) -Lockheed Martin Corp’s Sikorsky unit on Wednesday sought a review of the U.S. Army’s decision to award a contract…
Equities fall on risk aversion with 2023, China reopening in focus
By Sinéad Carew NEW YORK (Reuters) – Equity indexes closed lower on Wednesday while U.S. Treasury yields rose as investors…
Solana crypto token loses most of its value in 2022, FTX collapse weighs
NEW YORK (Reuters) – The price of Solana, a cryptocurrency token that had been lauded by FTX founder Sam Bankman-Fried,…
Oil settles lower in light trading on China demand concerns
By Shariq Khan NEW YORK (Reuters) -Oil prices settled lower on Wednesday as traders weighed concerns over a surge in…
Tesla shares record rare jump this month on the way to worst year
(Reuters) – Shares of Tesla Inc snapped a seven-session losing streak on Wednesday, in their rare rise this month on…