CHISINAU, Moldova (AP) — For tiny Moldova, an impoverished, landlocked nation that borders war-torn Ukraine but isn’t in the European Union or NATO, it’s been another week plagued by bomb threats. On an overcast day outside the international airport serving Moldova’s capital of Chisinau, hundreds of people lined up this week as bomb-sniffing dogs examined…
TAIPEI (Reuters) – Taiwan’s export orders likely grew for a third consecutive month in July, but at less than half the pace of the previous month as global demand cools, a Reuters poll showed on Friday. The median forecast from a poll of 11 economists was for export orders to rise 3.6% from a year…
By Martin Quin Pollard and Eduardo Baptista BEIJING (Reuters) -China’s cyberspace watchdog wants to build an “affectionate” relationship between internet enterprises and the government, a senior official said on Friday, the latest verbal assurance to an industry still on edge after a long and bruising regulatory crackdown. Niu Yibing, vice minister of the Cyberspace Administration…
SHANGHAI (Reuters) – China is widely expected to lower its benchmark lending rates on Monday, a Reuters survey showed, with a vast majority of participants predicting a deeper cut to the mortgage reference to lift the ailing property sector and the overall economy. The loan prime rate (LPR), which banks normally charge their best clients,…
By Kevin Buckland TOKYO (Reuters) – The U.S. dollar climbed to a fresh one-month high against a basket of major peers on Friday as Federal Reserve policymakers continued to talk up the need for further interest rate hikes ahead of their key Jackson Hole symposium next week. The dollar index rose 0.121% to 107.620, after…
By David Milliken LONDON (Reuters) – British households are feeling “a sense of exasperation” about the surging cost of living which has pushed consumer sentiment to its lowest since at least 1974, according to the country’s longest-running survey of household finances. The GfK consumer sentiment index sank to a record-low -44 in August from July’s…
WASHINGTON (Reuters) – General Motors Co and LG Energy Solution are considering a site in Indiana for a fourth U.S. battery cell manufacturing plant, a spokeswoman for the companies’ joint venture said on Thursday. Ultium Cells LLC “is developing a competitive business case for a potential large investment that could be located in New Carlisle,…
(Reuters) -Bed Bath & Beyond Inc shares tumbled 35% after the bell on Thursday as billionaire investor Ryan Cohen exited the struggling home goods retailer by selling his stake following a stunning rally in the meme stock this month. Cohen’s RC Ventures was the second largest investor in the company. The venture capital firm said…
OMAHA, Neb. (AP) — The head of the nation’s largest railroad union says the report designed to help resolve stalled contract talks with freight railroads doesn’t do enough to address concerns about working conditions, even though it suggests 24% raises. The railroads indicated earlier this week that they were ready to hammer out a deal…
NEW YORK (AP) — The newest meme stock on Wall Street, Bed Bath & Beyond, tumbled even further in after-hours trading Thursday after a high-profile activist investor confirmed that he’s bailed out of the stock. Ryan Cohen, the co-founder of Chewy who helped ignite a couple of meme stocks to jaw-dropping heights, confirmed in a…
