Korean Theme Park Developer’s Bond Default Points To Wider Stress
By Cynthia Kim SEOUL (Reuters) – A missed bond payment by the developer of a South Korean theme park has…
AP sources: Musk in control of Twitter, ousts top executives
Elon Musk has taken control of Twitter and ousted the CEO, chief financial officer and the company’s top lawyer, two…
Sanofi Sees Faster Profit Growth On Dupixent, Flu Vaccine
(Reuters) – French drugmaker Sanofi on Friday projected faster earnings growth this year on strong demand for its bestselling drug…
Airbus Raises Cashflow Target On Strong Dollar
PARIS (Reuters) -Europe’s Airbus raised its 2022 free cashflow forecast on the back of a strong dollar and reaffirmed delivery…
Japan Cabinet OKs $200B spending plan to counter inflation
TOKYO (AP) — Japan’s Cabinet approved Friday a hefty economic package including 29 trillion yen ($200 billion) in government spending…
BOJ Keeps Ultra-low Interest Rates, Defies Global Tightening Trend
By Leika Kihara TOKYO (Reuters) – The Bank of Japan kept ultra-low interest rates on Friday and maintained its dovish…
One Factory Worker Takes On Mexico’s Powerful Unions
By Daina Beth Solomon PIEDRAS NEGRAS, Mexico (Reuters) – Until last year, Julieta Monica Morales was another factory worker making…
IMF Cuts Asia’s Economic Forecasts As China’s Slowdown Bites
By Leika Kihara TOKYO (Reuters) – The International Monetary Fund cut Asia’s economic forecasts on Friday as global monetary tightening,…
Qantas ‘disappointed’ At Regulator Delaying Alliance Aviation Deal Verdict
(Reuters) -Australia’s Qantas Airways Ltd on Friday “expressed disappointment” at the country’s competition regulator delaying its decision on the carrier’s…
Volkswagen, Continental Announce Nearly $1 Billion In Mexico Investments
MEXICO CITY (Reuters) – Auto manufacturing companies Volkswagen and Continental both pledged major investments in Mexico on Thursday totaling nearly…