Marketmind: A sticky inflation situation
A look at the day ahead in U.S. and global markets by Amanda Cooper Everyone is laser-focused on U.S. inflation…
2023
Turkey’s inflation will fall permanently after transition period – Simsek
ISTANBUL (Reuters) – Turkey aims to lower soaring inflation permanently after a transitional period where prices remain high, Finance Minister…
Palm oil demand boosted as rival oil prices jump on supply woes
By Rajendra Jadhav MUMBAI (Reuters) -Demand for palm oil has been increasing as its discount to soyoil and sunoil has…
Disney creates task force to explore AI and cut costs -sources
By Dawn Chmielewski and Krystal Hu (Reuters) – Walt Disney has created a task force to study artificial intelligence and…
Drug user cannot be barred from owning guns, US court rules
By Nate Raymond (Reuters) – A federal appeals court on Wednesday ruled that a decades-old law prohibiting users of illegal…
UK considers response to U.S ban on tech investments in China
LONDON (Reuters) – Britain said on Thursday it was weighing how to respond to a decision by U.S. President Joe…
Japan’s struggling Rakuten to combine credit card and mobile payments business
By Anton Bridge TOKYO (Reuters) -Japan’s Rakuten Group will fold its payments and points businesses into its credit card unit,…
Siemens CEO says customers looking outside China for new investments
ZURICH (Reuters) – Siemens is seeing changing investment patterns by some customers regarding China as tensions rise between Washington and…
India, Japan, US, Australia hold first Malabar naval exercise off Australia
By Kirsty Needham SYDNEY (Reuters) – India, Japan, the United States and Australia will hold the Malabar navy exercise off…
Japan wholesale inflation slows again, bolstering case for stimulus
By Tetsushi Kajimoto TOKYO (Reuters) -Japan’s wholesale inflation eased for a seventh month in July as pressure from high global…