Amazon Reducing Its Private-label Items As Sales Fall – WSJ
(Reuters) -Amazon.com Inc has started reducing the number of items it sells under its own brands amid weak sales, the…
July 2022
Dollar Pauses For Breath As Fed Officials Leave Market Pondering Over Rates Path
By Kevin Buckland TOKYO (Reuters) – The dollar hovered below a near two-decade high in Asian trading on Friday, having…
China’s economy shrinks 2.6% during virus shutdowns
BEIJING (AP) — China’s economy contracted in the three months ending in June compared with the previous quarter after Shanghai…
IMF reaches preliminary deal with Pakistan on $6B bailout
ISLAMABAD (AP) — The International Monetary Fund said Thursday it has reached a preliminary agreement with Pakistan to revive a…
Oil Prices Climb Amid Questions Over Scale Of U.S. Rate Hike
By Laura Sanicola (Reuters) – Oil prices rose in early Asian trading on Friday amid uncertainty around how aggressive the…
SAS, Unions Fail To Find Agreement; Talks To Resume Friday
By Johan Ahlander and Anna Ringstrom STOCKHOLM (Reuters) -SAS and pilot unions failed again on Thursday to agree on a…
Warner Bros Discovery Extends Contracts Of CFO, Key Executive
(Reuters) – Warner Bros. Discovery Inc has extended contracts of its finance and strategy chiefs, the media company revealed in…
Fed ethics inquiry clears Powell and Clarida trades
WASHINGTON (AP) — The Federal Reserve’s inspector general concluded Thursday that financial trades made several years ago by Chair Jerome…
Crypto Lender Celsius Network Reveals $1.19 Billion Hole In Bankruptcy Filing
(Reuters) – Celsius Network listed a $1.19 billion hole in its balance sheet in a Thursday filing in a Manhattan…
World Stocks Slump, Greenback Gains Grow As Rate Hike Bets Keep Investors Cautious
By Katanga Johnson WASHINGTON (Reuters) – Global equity markets edged lower on Thursday and oil slipped while the safe-haven dollar…