Unemployment claims rise to 240,000, highest since August
WASHINGTON (AP) — The number of Americans applying for unemployment benefits rose to the highest level since August but still…
November 2022
Russia Revives Soviet-era Moskvich Brand With Chinese Design
By Gleb Stolyarov and Alexander Marrow MOSCOW (Reuters) -After a two-decade hiatus, Russia on Wednesday launched production of the Moskvich…
Small businesses, and shoppers, return to holiday markets
NEW YORK (AP) — On a recent evening in early November, shoppers at the Bryant Park holiday market in New…
Deere Profit Surges 75% On Pricing Boost
(Reuters) – Deere & Co reported a 75% jump in quarterly profit on Wednesday as limited supply of its tractors,…
Credit Suisse Flags Hefty Loss As Rich Clients Leave
By John Revill ZURICH (Reuters) -Credit Suisse expects a pre-tax loss of up to 1.5 billion Swiss francs ($1.58 billion)…
Xiaomi Q3 Revenue Falls 9.7% Year-on-year, Net Income Down 59.1%
SHANGHAI (Reuters) – Chinese smartphone maker Xiaomi Corp on Wednesday reported quarterly revenue of 70.17 billion yuan, a 9.7% fall…
Huge Foxconn IPhone Plant In China Rocked By Fresh Worker Unrest
By Brenda Goh and Yimou Lee SHANGHAI/TAIPEI (Reuters) -Hundreds of workers joined protests at Foxconn’s flagship iPhone plant in China,…
Asian shares rise on Fed rate hopes despite China worries
TOKYO (AP) — Asian shares gained Thursday, although optimism about the Federal Reserve holding back on aggressive interest rate raises…
Volkswagen Reaches Wage Deal With German Union
By Jan Schwartz HAMBURG (Reuters) -Metalworking union IG Metall said it had struck a wage deal with Volkswagen for the…
Protesting workers beaten at Chinese iPhone factory
BEIJING (AP) — Police beat workers protesting over a pay dispute at the biggest factory for Apple’s iPhone, whose new…