(Reuters) -Adena Friedman, chief executive officer of Nasdaq Inc, said on Wednesday she expects a quiet first half of 2023…
Wall Street ends sharply higher after Powell comments
By Noel Randewich and Shreyashi Sanyal (Reuters) – Wall Street ended sharply higher on Wednesday after Federal Reserve Chair Jerome…
South Korea Nov factory activity shrinks for 5th month, but downturn eases slightly – PMI
SEOUL (Reuters) – South Korea’s factory activity shrank for a fifth straight month in November but the downturn moderated slightly,…
Roche shutters most trials of Alzheimer’s drug after failed trials
By Julie Steenhuysen CHICAGO (Reuters) – Swiss drugmaker Roche is closing down most clinical trials of its experimental Alzheimer’s drug…
U.N. aid chief wants 25% more money in 2023, no famine in Somalia yet
By Axel Threlfall and Michelle Nichols NEW YORK (Reuters) -The United Nations will ask for 25% more money in 2023…
Elon Musk says Apple never considered removing Twitter from App Store
(Reuters) – Elon Musk on Wednesday tweeted that the misunderstanding about Twitter potentially being removed from Apple Inc’s App Store…
DoorDash cuts 1,250 jobs to control ballooning costs
By Granth Vanaik (Reuters) -DoorDash Inc said on Wednesday it was cutting about 1,250 jobs, or 6% of its total…
Fed officials do not see any near change to balance sheet drawdown
By Michael S. Derby NEW YORK (Reuters) – Top Federal Reserve officials are showing no appetite for slowing the pace…
Bank of Korea ready to adjust tightening pace, hopes for peak rate near 3.5%
By Cynthia Kim SEOUL (Reuters) -South Korea’s central bank is ready to adjust its pace of policy tightening to achieve…
IMF sees scope for growth from recalibration of China’s zero-COVID policy
By Andrea Shalal WASHINGTON (Reuters) – The International Monetary Fund sees scope for a further gradual, safe recalibration of China’s…