Daly: Premature to say if Fed has done enough on rates
(Reuters) – San Francisco Federal Reserve Bank President Mary Daly on Thursday said that while recent inflation data is moving…
August 10, 2023
China to pause plans to build London embassy – sources
By Andrew MacAskill LONDON (Reuters) – China will temporarily pause plans to build a new embassy in London, in a…
Vietnamese EV maker VinFast gets go ahead for Nasdaq SPAC listing
By Phuong Nguyen HANOI (Reuters) -Vietnamese electric vehicle maker VinFast said it expects to start trading on the U.S. Nasdaq…
US economy in ‘uncharted waters’ as inflation falls with low unemployment -study
By Howard Schneider WASHINGTON (Reuters) -U.S. Federal Reserve officials are in “uncharted waters” with no clear historical guide as they…
Major deals in global luxury market in the past decade
(Reuters) -Coach parent Tapestry said on Thursday it will buy Michael Kors owner Capri Holdings in a deal valued at…
Alibaba’s quarterly revenue beats despite China’s sputtering economy
By Casey Hall and Yuvraj Malik (Reuters) -China’s Alibaba Group Holding reported its strongest quarterly revenue growth in almost two…
China’s Country Garden flags H1 net loss, vows to address liquidity concerns
(Reuters) – Debt-laden Chinese developer Country Garden expects to report a net loss for the first half of 2023 and…
Improving Brazil’s public revenue would set stage for more rate cuts -cenbank governor
BRASILIA (Reuters) – Brazil’s central bank Governor Roberto Campos Neto said on Thursday that improving public revenue would anchor inflation…
Biotech firm Amyris files for bankruptcy in US
(Reuters) – Biotech firm Amyris Inc on Wednesday said it has filed for Chapter 11 bankruptcy in a U.S. court…
Disney CEO reaches out to striking Hollywood creatives with ‘deep respect’
By Danielle Broadway and Dawn Chmielewski LOS ANGELES (Reuters) – Walt Disney Chief Executive Bob Iger on Wednesday said he…