STOCKHOLM (Reuters) – IKEA retailer Ingka Group is launching a 10 million euro ($10 million) social fund and bigger staff…
Apple supplier Foxconn adjusts production to avoid holiday blues
By Ben Blanchard and Sarah Wu TAIPEI (Reuters) -Apple Inc supplier Foxconn said on Thursday it expected smartphone revenue to…
Musk’s first email to Twitter staff ends remote work – Bloomberg News
(Reuters) -Elon Musk in his first email to Twitter employees said remote work would no longer be allowed and that…
FTX suspends addition of new clients, withdrawals
(Reuters) -FTX on Thursday suspended onboarding of new clients as well as withdrawals until further notice as hopes of a…
Irish inflation hits 38-year high of 9.2%
DUBLIN (Reuters) – Annual inflation in Ireland hit a 38-year high of 9.2% in October, up from 8.2% a month…
Asian airlines helped by pent-up demand but face cost pressures
By Chayut Setboonsarng BANGKOK (Reuters) -Asian airline travel should reach about two-thirds of pre-pandemic levels by the end of the…
Canadian Tire quarterly profit dips on higher costs
(Reuters) -Retailer Canadian Tire Corp Ltd reported a near 20% fall in quarterly profit on Thursday, hurt by higher costs…
South African manufacturing output up 2.9% y/y in September
JOHANNESBURG (Reuters) – South Africa’s manufacturing output rose 2.9% year on year in September after rising by a revised 1.7%…
Marketmind: Consumer inflation, crypto deflation
A look at the day ahead in U.S. and global markets from Mike Dolan. Wall St shivered after this week’s…
Russian carmaker Sollers to buy out Mazda’s stake in Vladivostok plant
MOSCOW (Reuters) -Russian carmaker Sollers will buy out Japanese auto maker Mazda’s 50% stake in their joint venture car assembly…