By Muyu Xu and Chen Aizhu SINGAPORE (Reuters) -Chinese utilities and traders have stepped up purchases of Australian coal in…
Sticky inflation to nudge Reserve Bank of India to hike rates once more – Reuters poll
By Madhumita Gokhale and Sujith Pai BENGALURU (Reuters) – The Reserve Bank of India will increase its main interest rate…
Australian grocer Woolworths says inflation is spurring in-home dining
By Byron Kaye and Sameer Manekar SYDNEY (Reuters) -Top Australian grocer Woolworths Group Ltd said an inflation-driven shift away from…
Microsoft inks Nvidia game deal to assuage regulators over Activision merger
By Foo Yun Chee and Stephen Nellis BRUSSELS (Reuters) -Microsoft Corp has struck a 10-year deal to bring “Call of…
California pension fund asks to meet Norfolk Southern after Ohio derailment
By Isla Binnie and Simon Jessop NEW YORK (Reuters) – Major U.S. pension fund CalPERS is seeking a meeting with…
U.S. Supreme Court torn over challenge to internet firms’ legal shield
By Andrew Chung and John Kruzel WASHINGTON (Reuters) -U.S. Supreme Court justices on Tuesday expressed uncertainty over whether to narrow…
Wall Street posts worst day of 2023 on higher-for-longer rate fears
By David French (Reuters) – Wall Street posted its worst performance of the year on Tuesday, with the main benchmarks…
Japan’s Nikkei seen hitting 30,000 by end of 2023 on economic recovery: Reuters poll
By Junko Fujita TOKYO (Reuters) – Japan’s Nikkei 225 share index will hit the psychological 30,000 level by end-2023 on…
Shipping industry grapples with ways to cut cargo fires at sea
LONDON (Reuters) – Global shipping companies are exploring ways to boost safety in transporting cargoes as risks grow from fires…
McKinsey to cut 2,000 jobs in one of its biggest layoffs – Bloomberg News
(Reuters) -Consulting giant McKinsey & Co is planning to cut about 2,000 jobs, in one of its biggest round of…