By Chris Taylor NEW YORK (Reuters) -No matter how successful you may be – even as a founder, president, or CEO – none of us start out that way. We absorb life lessons from the people around us, very often our parents. In honor of Father’s Day, Reuters asked a few C-Suite leaders about a…
By Chris Taylor NEW YORK (Reuters) -No matter how successful you may be – even as a founder, president, or CEO – none of us start out that way. We absorb life lessons from the people around us, very often our parents. In honor of Father’s Day, Reuters asked a few C-Suite leaders about a…
By Stanley Widianto JAKARTA (Reuters) -Short video app TikTok, owned by China’s ByteDance, said on Thursday it would invest billions of dollars in Southeast Asia over the next few years, as it doubles down on the region amid intensifying global scrutiny over its data security. Southeast Asia, a region with a collective population of 630…
WASHINGTON (Reuters) – U.S. business inventories rebounded in April, boosted by stocks at manufacturers, suggesting that inventories could contribute to economic growth in the second quarter. Business inventories increased 0.2% after dropping 0.2% in March, the Commerce Department said on Thursday. The rebound in inventories, a key component of gross domestic product, was in line…
DUBAI (Reuters) – The Saudi Central Bank, known as SAMA, may need to inject liquidity into the banking sector like it did last year as interbank rates sit at their highest since 2001, London-based Capital Economics said on Thursday. SAMA did not immediately respond to a request for comment. “A saving grace in the rise…
By Jonathan Stempel NEW YORK (Reuters) – CoinEx agreed to pay $1.8 million and be banned from operating in New York to settle state Attorney General Letitia James’ lawsuit accusing the cryptocurrency exchange of operating illegally because it failed to register with the state. A proposed settlement was filed on Wednesday in a New York…
WASHINGTON (Reuters) – The United States targeted North Korea’s missile development in fresh sanctions, issuing the punitive action after South Korea earlier on Thursday said its neighbor fired two short-range missiles. The South Korean military said North Korea fired two short-range missiles off its east coast on Thursday, less than an hour after Pyongyang warned…
WASHINGTON (Reuters) – Production at U.S. factories almost stalled in May as manufacturing struggled under the weight of higher interest rates, data showed on Thursday. Manufacturing output edged up 0.1% last month, the Federal Reserve said. Data for April was revised slightly lower show production at factories surging 0.9% instead of 1.0% as previously reported….
(Reuters) – Manufacturers in the U.S. Northeast grew more optimistic about the near-term business outlook this month even as current conditions remained mixed across the region. Monthly surveys of goods producers from the Federal Reserve banks of Philadelphia and New York on Thursday both showed the six-month outlook at 15-month highs. Manufacturers in both districts,…
BERLIN (Reuters) -One of two female tourists attacked by an American man near the world-famous Neuschwanstein Castle in southern Germany has died, German police said on Thursday. A 21-year-old woman, who had to be taken to a hospital by helicopter, died overnight from serious injuries she sustained, while her 22-year-old companion was still in hospital,…
