LONDON (AP) — The British pound fell to all-time low against the U.S. dollar early Monday after Treasury chief Kwasi Kwarteng pledged a sweeping package […]
London Aluminium Hits 18-month Low On Demand Concerns
By Mai Nguyen (Reuters) -London aluminium prices dropped to their lowest in more than 18 months on Monday, as concerns of weakening demand and a […]
Volkswagen’s PowerCo And Umicore Form Joint Venture On Precursor And Cathode Material For Batteries
(Reuters) – Volkswagen’s battery unit PowerCo has formed a joint venture with Belgium’s Umicore for the production of precursor and cathode material in Europe, jointly […]
Sterling Plunges To All-time Low In Scathing Appraisal Of Fiscal Plan
By Kevin Buckland TOKYO (Reuters) -Sterling tumbled nearly 5% to an all-time low on Monday as investors ran for the exits after the new government’s […]
Amazon to hold holiday shopping event in October
Amazon said Monday that next month it will hold a second Prime Day-like shopping event, making it the latest major retailer to offer holiday deals […]
McDonald’s Hikes Prices In Japan On Higher Input Costs, Weaker Yen
TOKYO (Reuters) -Japan’s McDonald’s fast food restaurants will raise prices on about 60% of its offerings to customers, fuelled by rising input costs and exchange-rate […]
World shares mixed; British pound slides on tax cut concerns
TOKYO (AP) — Global shares were mixed Monday while the British pound declined to an all-time low against the U.S. dollar on concerns over planned […]
Sterling Plunges To All-time Low As Fiscal Plan Spurs Investor Exodus
By Kevin Buckland TOKYO (Reuters) – Sterling tumbled to a record low on Monday as traders scampered for the exits on speculation the new government’s […]
Tender To Sell Evergrande’s Hong Kong Headquarters To Close On Oct 31
HONG KONG (Reuters) – A tender sale of China Evergrande Group’s headquarters in Hong Kong will close on Oct. 31, real estate services firm Savills […]
KKR-led $13 Billion Buyout Of Australia’s Ramsay Health Collapses
By Byron Kaye and Harish Sridharan (Reuters) – A KKR & Co Inc led group withdrew a A$20 billion ($13 billion) approach for Australian hospital […]