PIMCO CIO says preparing for ‘harder landing’ for global economy – FT
(Reuters) – Pacific Investment Management Co (PIMCO) is preparing for a “harder landing” while top central bank chiefs prepare to…
Economy
Musk says Twitter will limit how many tweets users can read
(Reuters) -Twitter is limiting how many tweets per day various accounts can read, to discourage “extreme levels” of data scraping…
United Airlines CEO aims to avoid flight disruptions ahead of US Fourth of July holiday travel
By Anirudh Saligrama (Reuters) – United Airlines plans to make changes in flight operations to avoid weather-related disruptions ahead of…
China urges Netherlands to not abuse export control measures
BEIJING (Reuters) – China has urged the Netherlands to not hinder bilateral cooperation in the semiconductor industry and to not…
Sandoz launches rival version of AbbVie’s arthritis drug Humira
(Reuters) – Swiss drugmaker Sandoz said on Saturday it had launched a biosimilar version of AbbVie Inc’s big selling arthritis…
South Korea export downturn slows, trade balance swings to surplus
By Jihoon Lee SEOUL (Reuters) – South Korea’s export downturn slowed in June, with auto exports extending robust rises and…
China new home prices edge down in June for second consecutive month
BEIJING (Reuters) – New home prices in China edged down in June from the previous month, marking a second straight…
Disney accused in lawsuit of ‘systematically’ paying women less than men in California
(Reuters) – Walt Disney has been accused of systematically underpaying women in California in a lawsuit that alleges the company’s…
Wall St rallies; Nasdaq hits 40-yr milestone, Apple scales $3 trillion
By Sinéad Carew, Sruthi Shankar and Johann M Cherian (Reuters) – Wall Street’s three major indexes advanced solidly on Friday,…
Top U.S. banks raise dividends after sailing through Fed stress tests
By Saeed Azhar, Tatiana Bautzer and Nupur Anand NEW YORK (Reuters) – U.S. banks including JPMorgan Chase, Wells Fargo, Goldman…