Striking Hollywood writers expected to respond to studios’ proposal
By Dawn Chmielewski LOS ANGELES (Reuters) – In what would be a sign of progress in a months-long labor dispute,…
2023
Fisker to add Tesla’s EV charging connector by 2025
(Reuters) – Electric vehicle startup Fisker said on Tuesday it signed a deal with Tesla to adopt its North American…
JPMorgan ramps up EM default rate forecast amid China property woes
By Marc Jones LONDON (Reuters) -JPMorgan ramped up its 2023 global emerging market corporate high yield (HY) default rate forecast…
Analysis-Argentina investors see silver lining in Milei election shock
By Rodrigo Campos NEW YORK (Reuters) – Investors in Argentina’s financial markets, where bonds and the peso slid on Monday…
Fitch warns it may be forced to downgrade multiple banks, including JPMorgan – CNBC
(Reuters) – An analyst at Fitch Ratings warned that U.S. banks, including JPMorgan Chase, could be downgraded if the agency…
Musk’s X social media platform shuts down promoted accounts ad business – Axios
(Reuters) – Social media company X, formerly known as Twitter, will no longer allow advertisers to promote their accounts within…
J.P. Morgan warns of sharper-than-expected slump in China residential market
(Reuters) – J.P. Morgan said on Tuesday China’s residential property market could see a sharper-than-expected slump this year following downbeat…
Carlsberg lifts 2023 profit forecast on solid first-half
COPENHAGEN (Reuters) – Danish brewer Carlsberg on Tuesday lifted its profit guidance for the full year after a “solid business…
Outcome of Chevron, Woodside, Australian unions talks may take days
By Lewis Jackson SYDNEY (Reuters) – Negotiations between Chevron, Woodside Energy Group and Australian unions on Tuesday are unlikely to…
South Africa’s unemployment rate drops marginally in second quarter
By Kopano Gumbi PRETORIA (Reuters) -South Africa’s official unemployment rate dropped marginally in the second quarter to 32.6%, its lowest…