By Andrea Shalal DAKAR (Reuters) – Western countries are working to structure price caps on Russian refined petroleum products to…
Failure to cut debt burden of some countries could hamper growth, spark conflict – Yellen
DAKAR (Reuters) – U.S. Treasury Secretary Janet Yellen on Saturday underscored the urgent need to reduce the debt burden of…
Wolfspeed plans multi-billion dollar chip factory in Germany – Handelsblatt
FRANKFURT (Reuters) – U.S. power chip maker Wolfspeed Inc is planning to build a factory in Germany for more than…
Feds seized nearly $700 million from FTX founder Bankman-Fried
By Dietrich Knauth (Reuters) – Federal prosecutors have seized nearly $700 million in assets from FTX founder Sam Bankman-Fried in…
Unions press Biden administration to not change EV tax credit rules
By David Shepardson WASHINGTON (Reuters) – Major unions and public interest and environmental groups are urging President Joe Biden to…
Alphabet cuts 12,000 jobs after pandemic hiring spree, refocuses on AI
By Jeffrey Dastin (Reuters) – Google’s parent Alphabet Inc is cutting about 12,000 jobs as it faces “a different economic…
Here’s what Twitter lost in advertising revenue in final months of 2022
By Jessica DiNapoli and Richa Naidu NEW YORK/LONDON (Reuters) -Top advertisers on Twitter slashed their spending after Elon Musk’s takeover,…
Brazilian lender Santander’s Chairman Rial resigns
SAO PAULO (Reuters) – Brazilian lender Santander Brasil SA said on Friday its chairman and former chief executive, Sergio Rial,…
Dollar ends up vs yen, as super easy BOJ policy seems here for a while
By Alden Bentley and Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Profit taking dampened a dollar surge against the yen on…
Stocks rally with Netflix; dollar jumps vs yen after BOJ governor remarks
By Caroline Valetkevitch NEW YORK (Reuters) – Global equity indexes rose sharply on Friday, with Wall Street rallying after a…