Tyson Foods to eliminate 10% of corporate jobs, 15% of senior leaders – memo
By Tom Polansek CHICAGO (Reuters) – Tyson Foods Inc will eliminate about 10% of corporate jobs and 15% of senior…
Economy
UK blocks Microsoft’s $69 billion Activision deal over cloud gaming concerns
By Paul Sandle LONDON (Reuters) – Britain will block Microsoft’s $69 billion acquisition of “Call of Duty” maker Activision Blizzard…
Egypt’s economy seen growing 4% this fiscal year as currency weakens- Reuters poll
By Patrick Werr CAIRO (Reuters) – Egypt’s economy will grow 4.0% this fiscal year and 4.5% next even as it…
Powerful Brazilian lawmaker orders Americanas accounting probe
SAO PAULO (Reuters) – The head of Brazil’s lower house authorized on Wednesday the creation of a committee to investigate…
US, South Korean leaders pledge to cooperate on forex market stability
(Reuters) – U.S. President Joe Biden and South Korean President Yoon Suk Yeol upgraded their commitment to cooperate on maintaining…
Euro near one-year peak as US economic risks weigh on dollar
By Kevin Buckland TOKYO (Reuters) – The euro hovered near a one-year high versus the dollar on Thursday, as Europe’s…
ADB head: Developing Asia’s growth robust, tightening global finances a risk
(Reuters) – Asia’s developing economies have seen “very robust” growth but face risks from tightening global financial conditions due to…
US adds Belarus, Bulgaria to intellectual property watch list
By David Lawder WASHINGTON (Reuters) – The U.S. Trade Representative’s office added Belarus to an intellectual property rights watch list…
Argentina govt to pay for Chinese imports in yuan rather than dollars
BUENOS AIRES (Reuters) -Argentina will start to pay for Chinese imports in yuan rather than dollars, the government announced Wednesday,…
Hyundai Motor to exit Russia, selling its plants – media report
SEOUL (Reuters) – South Korea’s Hyundai Motor Co plans to exit Russia and sell its manufacturing plants there to a…