By Dawn Chmielewski and Byron Kaye (Reuters) – Rupert Murdoch’s proposal to recombine News Corp and Fox Corp and capitalize…
Russian retail sales fall deeper, jobless rate rises in Sept – data
MOSCOW (Reuters) – Russian retail sales fell deeper and the jobless rate slightly increased in September, official data from the…
State-backed Toshiba suitor boosts buyout fund size to $6 billion-plus
By Takaya Yamaguchi and Makiko Yamazaki TOKYO (Reuters) – Japan Investment Corp (JIC), a potential bidder for Toshiba Corp, has…
Binance CEO sees no threat to crypto from central banks’ digital currencies
By Sergio Goncalves and Catarina Demony LISBON (Reuters) – Plans by central banks to launch digital currencies are not a…
Factbox-Chipmakers cut spending as demand boom makes way for downturn
(Reuters) – The global chip industry is bracing for a downturn by reining in on investments for the year, in…
Tesla closes its first showroom in China in retail strategy shift – sources
SHANGHAI/BEIJING (Reuters) -Electric vehicle giant Tesla has closed what had been its flagship showroom in China, a move sources described…
Asian equities receive meagre inflows in October amid recession worries
By Gaurav Dogra (Reuters) – Asian equities saw meagre inflows in October after massive selling in the previous month, and…
World’s top bankers expect markets to stay turbulent
By Xie Yu and Summer Zhen HONG KONG (Reuters) – Central banks will get inflation under control, but there will…
Marketmind: Downbeat on the downshift
A look at the day ahead in U.S. and global markets from Mike Dolan. The recent burst of stock market…
Big brands set to miss plastic sustainability targets
By Joe Brock SINGAPORE (Reuters) -Some of the world’s biggest consumer goods companies, including PepsiCo, Mars and Nestle, are almost…