Strike at trucking firm Yellow averted after deal
(Reuters) – U.S. trucking firm Yellow averted a threatened strike by 22,000 Teamsters-represented workers on Sunday, saying the company will…
July 24, 2023
OpenAI’s Sam Altman launches Worldcoin crypto project
By Anna Tong (Reuters) -Worldcoin, a cryptocurrency project founded by OpenAI CEO Sam Altman, launched on Monday. The project’s core…
Meta’s Threads could lure ads from Twitter but it’s early days, analysts say
By Akash Sriram, Samrhitha A and Sheila Dang (Reuters) – Threads, Meta Platform’s broadside to Twitter, is seen by some…
Adidas swamped with $565 million in orders for unsold Yeezy shoes- FT
(Reuters) -Adidas got orders worth more than 508 million euros (about $565 million) for 4 million pairs of unsold Yeezy…
Hong Kong court to decide on China Evergrande restructuring in Sept
By Clare Jim HONG KONG (Reuters) – A Hong Kong court on Monday said it will decide in September on…
Explainer-What is the ‘Basel III endgame’ and why are banks worked up about it?
By Pete Schroeder WASHINGTON (Reuters) – U.S. banking regulators will on Thursday unveil a sweeping proposal for stricter bank capital…
Wall St sees bargains, lure of Europe buoying cruise, hotel earnings
By Doyinsola Oladipo NEW YORK (Reuters) – The post-pandemic rebound of international travel, particularly to Europe, is expected to be…
Marketmind: Euro biz ebbs, China property and rate peaks?
A look at the day ahead in U.S. and global markets from Mike Dolan Another worrying drop in European business…
Worsening euro zone business downturn reignites recession fears
By Jonathan Cable LONDON (Reuters) -Euro zone business activity shrank much more than expected in July as demand in the…
India’s economy to hold top spot for GDP but not so much for jobs growth: Reuters poll
By Milounee Purohit BENGALURU (Reuters) – India’s economy will grow at a solid pace for the rest of this fiscal…