China Keeps Medium-term Policy Rate Unchanged, But Markets Expect More Easing
SHANGHAI (Reuters) -China’s central bank kept borrowing costs of its medium-term policy loan unchanged for the third straight month as…
Headlines
Hawkish Fedspeak Keeps Dollar King, Yen Slumps To 20-year Low
By Kevin Buckland TOKYO (Reuters) – The dollar rose to a two-decade peak against the yen and kept close to…
Exclusive-Ferrero To Stop Buying Palm Oil From Malaysia’s Sime Darby Over Labour Concerns
KUALA LUMPUR (Reuters) – Italian confectionary giant Ferrero said it will stop sourcing palm oil from Sime Darby Plantation after…
Subaru Says Suspends Shipment Of Some Models Over Engine Sensor Malfunction
TOKYO (Reuters) -Japan’s Subaru Corp has suspended shipment of some of its three main automobile models over an engine sensor…
Subaru Suspends Shipment Of Some Models Due To Engine Sensor Malfunction -media
TOKYO (Reuters) – Japan’s Subaru Corp has suspended shipment of some of its three main automobile models due to an…
Musk’s Twitter Play Sparks Concerns About Distraction, Stock Sales At Tesla
By Hyunjoo Jin and Chavi Mehta (Reuters) – Elon Musk’s offer to buy Twitter sparked concerns among Tesla investors and…
Nektar Stops Clinical Trials For Key Cancer Drug, Shares Tumble
(Reuters) – Nektar Therapeutics said on Thursday it had stopped all trials involving its key cancer drug following its failure in…
Twitter CEO Tells Employees Company Not ‘held Hostage’ By Musk Offer -source
By Sheila Dang (Reuters) -Twitter Chief Executive Officer Parag Agrawal sought to reassure employees during an all-hands meeting on Thursday…
Petrobras Elects New CEO, Who Pledges To Maintain Pricing Policies
By Gram Slattery, Gabriel Araujo, Peter Frontini and Roberto Samora RIO DE JANEIRO/SAO PAULO (Reuters) -Brazilian state-run oil company Petrobras…
News publisher Lee faces renewed pressure from hedge funds
OMAHA, Neb. (AP) — Newspaper publisher Lee Enterprises is facing renewed pressure from a hedge fund to speed up its…