Farfetch shares plunge as weak demand in US, China slams 2023 outlook
By Deborah Mary Sophia (Reuters) -Shares of Farfetch slumped nearly 40% to a record low on Friday, as choppy demand…
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US warns space companies about foreign spying
By Michael Martina WASHINGTON (Reuters) – U.S. counterintelligence agencies on Friday warned the American space industry to guard against efforts…
Fed done hiking; slim majority of economists say no rate cut through March – Reuters poll
By Prerana Bhat and Indradip Ghosh BENGALURU (Reuters) – The U.S. Federal Reserve is likely done raising interest rates, according…
Ethiopian Airlines to manufacture parts in venture with Boeing
NAIROBI (Reuters) – Ethiopian Airlines will start manufacturing aircraft parts in a venture with Boeing at an initial cost of…
Euro zone set for growth over next ‘couple’ of years – ECB’s Lane
FRANKFURT (Reuters) – The euro zone economy will keep growing in the coming years and is unlikely to experience a…
India plans to hold FTA talks with UK, EU, Canada on G20 sidelines – trade secretary
NEW DELHI (Reuters) – India plans to hold bilateral free trade talks with the United Kingdom, the European Union and…
Euro zone inflation fall confirmed, easing pressure on ECB to hike
FRANKFURT (Reuters) – Euro zone inflation slower further and even underlying price pressures appear to have peaked, Eurostat data showed…
China’s Xpeng falls on dull forecast as EV price war takes toll
(Reuters) – Xpeng on Friday forecast third-quarter revenue below analysts’ expectations and reported a hit to margins following an inventory…
Ex-Trump administration officials target corporate diversity efforts
By Daniel Wiessner (Reuters) – Activision Blizzard Inc and Kellogg Co have joined a growing list of major U.S. companies…
Furious Chinese investors lodge complaints over trust firm’s missed payments
BEIJING (Reuters) – Angry investors in trust products of a leading Chinese shadow bank have lodged complaint letters with regulators,…