By David Shepardson and Karen Freifeld WASHINGTON/NEW YORK (Reuters) – The U.S. Commerce Department will continue to deny three U.S.-based…
Amazon to roll out TikTok-like shopping experience in social commerce push
(Reuters) – Amazon.com Inc said on Thursday it will roll out a TikTok-like feed on its e-commerce app, hoping to…
Denim shorts in winter: Express, Gap stores glutted with prior seasons’ goods
By Arriana McLymore RALEIGH, N.C. (Reuters) -Clothing retailers such as Express and Gap that stashed away mountains of unsold basics…
Emerging markets November foreign inflows most since June 2021 – IIF
By Rodrigo Campos (Reuters) – Foreigners dumped the most cash into emerging market portfolios in November than any month since…
IMF says low-income countries need nearly $500 billion in external financing through 2026
WASHINGTON (Reuters) – Low-income countries will need nearly $500 billion in external financing during the 2022-2026 period, the International Monetary…
U.S. labor market still tight despite continuing claims hitting 10-month high
By Lucia Mutikani WASHINGTON (Reuters) – The number of Americans filing new claims for jobless benefits increased moderately last week,…
Audacious BlackRock challenge is Bluebell’s David vs Goliath playbook
By Simon Jessop, Nell Mackenzie and Svea Herbst-Bayliss LONDON/NEW YORK (Reuters) – Bluebell Capital Partners’ attempt to oust BlackRock Inc…
Biden admin tells Supreme Court law protecting social media companies has limits
By Dan Whitcomb (Reuters) – The Biden administration argued to the U.S. Supreme Court on Wednesday that social media giants…
Factbox-North American energy sector expects higher spending in 2023
(Reuters) – U.S. and Canadian oil and gas companies are expecting to spend more in 2023, compared with the current…
U.S. says Russian oil price cap does not require checks on every tanker by Turkey
FORT WORTH, Texas (Reuters) – The U.S. Treasury said on Thursday that the price cap on Russian oil imposed by…