Powell: Fed could keep lifting rates sharply ‘for some time’
JACKSON HOLE, Wyoming (AP) — Federal Reserve Chair Jerome Powell delivered a stark message Friday: The Fed will likely impose…
2022
Chinese Chip Foundry SMIC To Invest $7.5 Billion In Tianjin
SHANGHAI (Reuters) – Chinese chip foundry Semiconductor Manufacturing International Corp (SMIC) on Friday said it signed a framework agreement for…
FedEx Missteps Fuel Contractor’s Crusade As Pandemic Delivery Boom Fades
By Lisa Baertlein LAS VEGAS (Reuters) – Package carrier FedEx Corp is facing a threat from an unusual source –…
India’s Digital Lending Rules Spark Disruption, Firms Plan Pushback
By Nupur Anand and Aditya Kalra MUMBAI (Reuters) – India’s stricter digital lending rules have disrupted card services of foreign-backed…
Dow drops 1,000 after Fed’s Powell says rates will stay high
NEW YORK (AP) — The Dow Jones Industrial Average sank more than 1,000 points Friday after the head of the…
Panasonic Plans Additional $4 Billion EV Battery Plant In U.S. – WSJ
(Reuters) – Panasonic Holdings Corp, a supplier to electric-car maker Tesla Inc, is in talks to build an additional electric…
Britain to see 80% spike in energy bills as crisis deepens
LONDON (AP) — Jennifer Jones keeps feeding money into her energy meter, but it never seems to be enough. And…
India’s Adani Says Regulatory Curbs Do Not Restrict Bid To Take Over NDTV
By Abhirup Roy and Aditya Kalra MUMBAI (Reuters) – India’s Adani Group on Friday rejected claims made by New Delhi…
KKR-led Group Cans $15 Billion All-cash Bid For Australia’s Ramsay, Proposes Alternative
By Scott Murdoch and Indranil Sarkar (Reuters) -Ramsay Health Care Ltd said on Friday a group led by private equity…
KKR-led Group Walks Away From $15 Billion All-cash Offer For Australia’s Ramsay
(Reuters) -Ramsay Health Care Ltd said on Friday a group led by private equity giant KKR & Co pulled the…