BMW Meets 2022 Pretax Earnings Target -Focus Magazine Citing CFO
BERLIN (Reuters) – BMW met its 2022 target for significantly higher pretax earnings than in the previous year, Focus Money…
February 2023
Meta Delays Setting Team Budgets As Facebook Parent Plans Fresh Round Of Layoffs -FT
(Reuters) – Facebook parent Meta Platforms Inc has delayed finalizing the budgets of multiple teams as it prepares a fresh…
U.S. Energy Regulators Questioned On Oversight Of Freeport, Texas, LNG Plant
By Arathy Somasekhar FREEPORT, Texas (Reuters) – U.S. energy regulators on Saturday assured Texas residents they are monitoring repairs and…
Nestle To Pay Ex Manager $2.2 Million Over Bullying Case – Tages-Anzeiger
ZURICH (Reuters) – Nestle will pay a former manager 2 million Swiss francs ($2.2 million) compensation after a Swiss court…
ECB Must Avoid Unnecessary Rise In Real Interest Rates – Visco
ROME (Reuters) -The European Central Bank (ECB) must avoid pushing real interest rates too high, given the level of private…
G20 Exploring Cryptocurrency Regulation, India’s Finance Minister Says
By Nikunj Ohri (Reuters) – The Group of 20 (G20) big economies is exploring whether the group could collectively regulate…
China Tightens Requirements On Classifying Banks’ Asset Risks
SHANGHAI (Reuters) – China on Saturday tightened risk management requirements on banks, requiring them to classify financial-asset risks in a…
Exclusive-SoftBank’s Arm China Lays Off Workers As Outlook Grim -sources
By Jane Lanhee Lee, Josh Horwitz and Stephen Nellis OAKLAND, Calif/SHANGHAI (Reuters) – SoftBank Group Corp’s chip technology firm Arm…
IMF Says El Salvador’s Bitcoin Risks Have Not Materialized But ‘should Be Addressed’
By Brendan O’Boyle (Reuters) – Risks over El Salvador’s embrace of bitcoin “have not materialized,” but use of the cryptocurrency…
U.S. Airlines Urge FAA To Extend 5G Upgrade Deadline
By David Shepardson WASHINGTON (Reuters) -A group representing major U.S. airlines “strongly urged” the Federal Aviation Administration (FAA) to extend…