(Reuters) – Twitter was sued over Elon Musk’s plan to lay off about half of its workforce, Bloomberg News reported…
Ford: U.S. should ease ‘foreign entity’ rules so that more EVs get tax credits
By David Shepardson WASHINGTON (Reuters) – Ford Motor Co said on Thursday the U.S. Treasury Department should limit the definition…
Philippines cbank ready to take policy actions to battle inflation
MANILA (Reuters) – The Philippines’ central bank said on Friday it is prepared to take all further monetary policy actions…
Coinbase reports third-quarter loss as volumes drop
(Reuters) -U.S. cryptocurrency exchange Coinbase Global Inc on Thursday reported a third-quarter loss as high inflation, rising interest rates and…
Qantas’ CEO succession planning in good shape, chairman says
By Jamie Freed SYDNEY (Reuters) – Qantas Airways Ltd’s CEO succession planning is in good shape even though long-serving boss…
OCBC profit jumps 31%, rounding up record quarter for Singapore banks
By Anshuman Daga SINGAPORE (Reuters) -Southeast Asia’s second-largest lender Oversea-Chinese Banking Corp Ltd (OCBC) joined its Singapore peers in beating…
Japan’s service-sector activity growth hits 4-month high -PMI
TOKYO (Reuters) – Japan’s services sector activity grew at the fastest clip in four months in October, a private survey…
Australia central bank cuts growth outlook, rates need to rise to cool red-hot inflation
SYDNEY (Reuters) – Australia’s central bank on Friday downgraded the outlook for economic growth, warning that more rate hikes will…
Warner Bros Discovery reports loss, but “Dragon” on fire
By Dawn Chmielewski and Chavi Mehta (Reuters) -Warner Bros Discovery posted a quarterly loss on Thursday that missed Wall Street…
Cheerios maker General Mills, Audi of America pause advertising on Twitter
(Reuters) -General Mills Inc and Luxury automaker Audi of America said on Thursday they have paused advertising on Twitter, days…