By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. The mood across Asia at the midpoint of the week is increasingly upbeat, as a growing consensus that the U.S. central bank is near the end of its policy tightening cycle continues to weigh on…
By Mike Scarcella (Reuters) – The U.S. Federal Trade Commission would face hurdles in any appeal of a court’s order on Tuesday that said Microsoft could move forward with its $69 billion acquisition of “Call of Duty” maker Activision Blizzard, legal experts who specialize in competition law said. In her ruling, U.S. District Judge Jacqueline…
By Valerie Volcovici and Kanishka Singh WASHINGTON (Reuters) – U.S. climate envoy John Kerry on Monday will become the Biden administration’s third senior official to visit China in recent weeks after trips by Treasury Secretary Janet Yellen and Secretary of State Antony Blinken. A U.S. official said on Tuesday that Kerry would visit from Monday…
(Reuters) -Kim Kardashian is in talks with Coty to buy back a minority stake in her beauty firm from the fragrance and cosmetics company, the Wall Street Journal reported on Tuesday, citing people familiar with the matter. The value of the stake hadn’t been determined and talks could fall apart, the report said, adding that…
By Jonathan Stempel (Reuters) – A federal appeals court on Tuesday revived a lawsuit against Royal Caribbean Cruises by the parents of an 18-month-old girl who died after slipping through her grandfather’s hands and falling through an open cruise ship window. The 11th U.S. Circuit Court of Appeals in Atlanta restored two negligence claims over…
(Reuters) – Meta Platforms’s Instagram is planning to bring its branded content tools to Threads, Axios reported on Tuesday, citing a source familiar with the matter. Such tools will help marketers collaborate with influencers on paid partnerships on the social media platform while advertising is unavailable. Meta, the parent of Facebook, did not immediately respond…
By Katherine Masters NEW YORK (Reuters) – A bipartisan group of U.S. lawmakers asked the Milwaukee Tool unit of Hong Kong-based Techtronic Industries to examine whether its products had links to forced labor, citing a recent media report that some were made by Chinese prisoners. In a letter sent Tuesday and signed by Republican Representative…
By David Shepardson WASHINGTON (Reuters) -U.S. auto safety investigators on Tuesday said they are opening an investigation into 346,000 Ford Escape sport utility vehicles because a weld in the door assembly may fail, potentially resulting in a door inadvertently opening while driving. The National Highway Traffic Safety Administration has received 118 questionnaires alleging a failure…
DUBLIN (Reuters) -Ryanair on Tuesday resigned from an industry group set up by the British government to help implement its aviation strategy, dismissing it as a “talking shop” which has delivered no benefits or reforms for passengers. The UK Aviation Council first met in February to advise on a ten-year plan set out by ministers…
By David Shepardson WASHINGTON (Reuters) -Chrysler-parent Stellantis has warned 29,000 owners of 2003 Dodge Ram pickups to immediately stop driving pending repairs after one person was killed when a Takata air-bag inflator exploded. The fatality in May is the first reported involving a Takata passenger-side bag, the National Highway Traffic Safety Administration (NHTSA) said in…
