By Hyunsu Yim SEOUL (Reuters) – Throngs of people have been milling seemingly aimlessly around the forecourt of a museum in central Seoul, brushing silently past each other with heads bent toward smartphones while fingers frantically tap screens – in the latest money-making trend. Walking 10,000 steps, completing tasks such as subscribing to social media,…
By Wayne Cole SYDNEY (Reuters) – Asian shares started cautiously on Monday in a week packed with economic data and central bank meetings, along with earnings from the tech giants that have kept the S&P 500 afloat so far this year. Early action was sluggish in the wake of Friday’s surprisingly strong surveys of business…
By Rae Wee SINGAPORE (Reuters) – The dollar began the last trading week of the month on the back foot, with traders awaiting a slew of central bank meetings in May for clues on when the steepest global monetary policy tightening campaign in years might come to a halt. Top of investors’ minds will be…
By Valerie Volcovici WASHINGTON (Reuters) – The U.S. government may soon require natural gas-fired power plants to install technology to capture carbon emissions, sources said, as President Joe Biden’s administration enacts new rules to help decarbonize the power sector in 12 years. The Environmental Protection Agency as soon as this week is expected to unveil…
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Inflation figures from Singapore top the Asian economic calendar on Monday, kicking off a week in which eyes of the Asia Pacific region – and beyond – will be focused on the Bank of Japan’s first policy meeting…
(Reuters) -NBCUniversal Chief Executive Jeff Shell is leaving after acknowledging an inappropriate relationship with a woman in the company, following a complaint that prompted an investigation, parent company Comcast Corp said on Sunday. “I had an inappropriate relationship with a woman in the company, which I deeply regret,” Shell said in a statement. “I’m truly…
By Ross Kerber (Reuters) – U.S. political battles over corporate sustainability are turning hotter this spring as aggressive Republican statehouse efforts face increasing pushback from businesses and pension funds looking to account for climate change and protect returns. Dozens of Republican-sponsored bills aim to free fossil fuel companies from climate-driven constraints adopted by some Wall…
-Bed Bath & Beyond Inc filed for Chapter 11 bankruptcy protection on Sunday after the home goods retailer failed to secure funds to stay afloat, and has begun a liquidation sale. The home goods retailer, which shot to popularity in the 1990s as a go-to shopping destination for couples making wedding registries and planning for…
WASHINGTON (Reuters) – Republican U.S. House of Representatives Speaker Kevin McCarthy said on Sunday the House would hold a vote in the coming week on his spending and debt bill, adding he was confident he had the votes to pass the bill. (Reporting by Kanishka Singh in Washington; Editing by Lisa Shumaker)
By Catarina Demony LISBON (Reuters) – Brazil hopes the Mercosur trade deal with the European Union (EU) will be concluded this year, a government official said on Sunday, ending years of delay and opening the way to increased trade between the two regions. The EU and the Mercosur bloc of Argentina, Brazil, Paraguay and Uruguay…
