By Joyce Lee SEOUL (Reuters) – Samsung Electronics’ de facto leader Jay Y. Lee was named executive chairman on Thursday,…
Elon Musk visits Twitter headquarters ahead of takeover deadline
(Reuters) -Billionaire Elon Musk said he paid a visit to Twitter Inc’s headquarters in San Francisco on Wednesday, ahead of…
Biden targets hidden ‘junk fees’ from banks, cable TV, concert tickets
By Hannah Lang, Doina Chiacu and Trevor Hunnicutt WASHINGTON (Reuters) -President Joe Biden pledged on Wednesday to crack down on…
Credit Suisse nears sale of securitized-products group to Apollo, Pimco – source
(Reuters) -Credit Suisse is nearing a deal to sell its securitized-products group to investors Apollo Global Management and Pacific Investment…
South Korean growth hits 1-year low in Q3, more challenges ahead
By Jihoon Lee and Choonsik Yoo SEOUL (Reuters) -South Korea’s economic growth fell to its slowest in a year in…
Colombia’s finance minister asks central bank to discuss futures markets liquidity
BOGOTA (Reuters) – Colombian Finance Minister Jose Antonio Ocampo has asked the country’s central bank to discuss liquidity in futures…
Adidas ends Ye deal over hate speech, costing rapper his billionaire status
By Uday Sampath Kumar (Reuters) -Adidas AG terminated its partnership with rapper and fashion designer Ye on Tuesday after he…
Skechers says escorted Ye out of LA office after rapper arrived ‘unannounced’
(Reuters) – Skechers USA Inc said on Wednesday its executives escorted Ye, formerly known as Kanye West, out of a…
ANZ’s annual earnings climb on home loan boost, higher interest rates
By Harshita Swaminathan (Reuters) -Australia and New Zealand Banking Group Ltd on Thursday reported a rise in annual cash profit,…
Australia’s Fortescue quarterly iron ore shipments, costs rise
By Jaskiran Singh (Reuters) -Australia’s Fortescue Metals Group reported a 4.2% rise in first-quarter iron ore shipments on Thursday, boosted…