Starbucks CEO Declines To Appear At U.S. Senate Hearing
By David Shepardson WASHINGTON (Reuters) -Starbucks Corp Chief Executive Howard Schultz declined an invitation from 11 senators to testify on…
February 2023
Goldman Sachs Drops Plans For Direct-to-consumer Credit Card – CNBC
(Reuters) – Goldman Sachs Group Inc has dropped plans to develop a branded credit card for retail customers, CNBC reported…
Barclays Tightens Lending For Dirtiest Fossil Fuels
By Tommy Wilkes LONDON (Reuters) – Barclays on Wednesday said it was tightening lending criteria for coal power and would…
Kering To Name Group Level Image Executive Following Balenciaga Ad Controversy
PARIS (Reuters) – Kering is creating a new position at the group level to oversee “brand safety” following the controversy…
China Firmly Opposed To U.S. Blacklist On Chinese Entities, Will Take Countermeasures
BEIJING (Reuters) – China said it will take countermeasures against U.S. entities that undermine Chinese sovereignty, its foreign ministry said…
Glencore Declares $7.1 Billion Payout To Shareholders After Record 2022
LONDON (Reuters) -Glencore announced a payout of $7.1 billion to its investors on Wednesday, including a $1.5 billion share buyback,…
Berkshire dumps shares in TSMC, banks; increases Apple stake
By Carolina Mandl and Sittrarasu S NEW YORK/BANGALORE (Reuters) -Warren Buffett’s Berkshire Hathaway Inc slashed its stake in Taiwanese contract…
Gucci Slump Pushes Kering Sales Down 7% In Q4
PARIS (Reuters) – Sales at French luxury group Kering fell 7% in the fourth quarter, dragged lower by a slump…
South Korea Jan Import Price Growth At Near 2-year Low
SEOUL (Reuters) – South Korea’s import prices fell for a third consecutive month in January to bring the annual growth…
Oil Prices Drop As U.S. Inventories Jump Fuels Demand Worries
By Laila Kearney and Muyu Xu (Reuters) -Oil prices extends losses on Wednesday as a much bigger-than-expected surge in the…