BEIJING (Reuters) – China’s factory activity shrank in November as widespread COVID-19 curbs disrupted manufacturers’ output, a private sector survey…
BlackRock’s Fink says crypto technology still relevant despite FTX
By Carolina Mandl NEW YORK (Reuters) – BlackRock Inc Chief Executive Larry Fink said on Wednesday that there appear to…
BHP’s CEO expects Chinese economic growth to continue
(Reuters) -BHP Group Ltd Chief Executive Mike Henry told the Reuters NEXT conference on Wednesday that “all fundamentals are in…
Nasdaq CEO hopeful IPOs will pick up in 2023, calls for more crypto regulation
(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…
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…
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…