Marketmind: Tech splits, banks merge and Fed decides
A look at the day ahead in U.S. and global markets from Mike Dolan Alphabet outshone Microsoft as the latest…
2023
IndiGo says working with Pratt & Whitney amid latest engine probe
NEW DELHI (Reuters) -IndiGo operator InterGlobe Aviation said on Wednesday it is working with Pratt & Whitney to assess any…
China issues guidelines on standardisation of intelligent connected vehicles
BEIJING (Reuters) – China’s industry ministry on Wednesday issued guidelines on standardisation of intelligent connected vehicles. The guidelines map out…
Biden administration pushing insurers to improve access to mental health treatment
WASHINGTON (Reuters) – President Joe Biden is making a fresh push to force health insurance companies to improve access to…
Saudi FDI inflows reach 8.1 billion Riyals in Q1 2023 – ministry
DUBAI (Reuters) – Saudi Arabia’s foreign direct investment inflows reached 8.1 billion Riyals ($2.16 billion) in the first quarter of…
Australia fines Facebook owner Meta $14 million for undisclosed data collection
By Byron Kaye SYDNEY (Reuters) -An Australian court ordered Facebook owner Meta Platforms to pay fines totalling A$20 million ($14…
Puma sales beat estimates but U.S. market drags
By Linda Pasquini and Helen Reid (Reuters) -German sportswear brand Puma’s second-quarter sales grew by 11%, the company reported on…
TikTok to launch e-commerce program to bring Chinese goods to the US – source
By Josh Ye (Reuters) -TikTok plans to launch a program in August to help Chinese merchants sell goods globally, and…
Commonwealth Bank of Australia could cut up to 200 jobs – source
By Rishav Chatterjee (Reuters) – Commonwealth Bank of Australia, the country’s biggest lender, could cut up to 200 jobs, a…
Thai exports fall less than forecast in June, seen improving
By Orathai Sriring and Kitiphong Thaichareon BANGKOK (Reuters) – Thai exports shrank for a ninth consecutive month in June, albeit…