China’s Alibaba kicks off restructuring with plan to list logistics arm in Hong Kong
By Brenda Goh and Kane Wu SHANGHAI/HONG KONG (Reuters) -Alibaba Group on Tuesday kicked off its restructuring with a plan…
September 2023
US Supreme Court extends pause on order curbing Biden social media contacts
By Nate Raymond and Andrew Chung (Reuters) – U.S. Supreme Court Justice Samuel Alito on Friday extended a temporary block…
Factbox-Amazon.com faces an array of US consumer, state antitrust lawsuits
By Mike Scarcella (Reuters) – A lawsuit by the U.S. Federal Trade Commission against Amazon.com, expected to be filed as…
Goldman, HSBC join forces with other banks on client disclosures
By Sinead Cruise and Elizabeth Howcroft LONDON (Reuters) -Goldman Sachs and HSBC are among a group of five banks adopting…
Ford pauses work on $3.5 billion battery plant in Michigan
By David Shepardson (Reuters) -Ford Motor said on Monday it has paused work on a $3.5 billion electric vehicle battery…
Moody’s warns US government shutdown bad for country’s credit
By Davide Barbuscia NEW YORK (Reuters) -A U.S. government shutdown would harm the country’s credit, rating agency Moody’s said on…
Global share index slips as investors absorb ‘higher-for-longer’ rate outlook
By Sinéad Carew and Amanda Cooper NEW YORK/LONDON (Reuters) – A global index of stocks fell slightly while Wall Street…
Gold Futures Shift Back from Mid-$1,900 Range Amid Dollar Surge
Gold futures experienced a dip on Monday, stepping back from the mid-$1,900 range. This shift was prompted by the dollar’s…
Is the Crypto Bubble About to Burst? Analyst Predicts $440 Billion Wipeout
Crypto aficionado and respected analyst Nicholas Merten isn’t sugar-coating it; he’s warning of a seismic shakeup in the crypto…
Workers with Canadian union Unifor vote in favor of Ford contract
By Nathan Gomes and Mrinmay Dey (Reuters) -Canadian labor union Unifor said on Sunday its members had voted to ratify…