WASHINGTON (Reuters) – U.S. President Joe Biden on Thursday said the latest consumer price index report shows a much-needed break…
Cisco to open new chip design center in Barcelona, Spain says
MADRID (Reuters) – U.S. tech giant Cisco will open a new chip design center in the northeastern Spanish city of…
Euro, stocks rally after U.S. inflation data
LONDON (Reuters) – The euro bounced against the dollar on Thursday after data showed a key measure of U.S. inflation…
Elon Musk to UK minister: ‘What does a tosh look like?’
LONDON (Reuters) – It’s not just fake accounts and the financial predicament of his company that are concerning Twitter’s new…
FTX’s Bankman-Fried: Seeking capital raise, talked to Justin Sun – memo
NEW YORK (Reuters) – FTX’s Sam Bankman-Fried told staff in a memo that he was seeking a capital raise and…
Early holiday shopping boosts October online spending – report
By Ananya Mariam Rajesh (Reuters) – U.S. consumer spending rose in October as inflation-weary consumers took advantage of early holiday…
Ralph Lauren beats sales estimates as demand holds up
(Reuters) – Ralph Lauren Corp on Thursday topped market estimates for quarterly revenue, as wealthier shoppers unaffected by inflation splurged…
Analysis-Separation anxiety over Renault’s five-way split
By Gilles Guillaume PARIS (Reuters) – Analysts seeking less complexity from Renault at its investor day this week were disappointed…
Sam Bankman-Fried told OKX FTX has liability of $7 billion – OKX director
(This story from Nov. 9 has been refiled to correct hyphenation in headline) HONG KONG (Reuters) – FTX CEO Sam…
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…