ECB’s Knot Says He Favors Large Rate Hikes -NOS Interview
AMSTERDAM (Reuters) -Klaas Knot, a member of the European Central Bank’s governing council, said in an interview with Dutch national…
U.S. Justice Department In Early Stages Of Drafting Possible Antitrust Suit Against Apple -Politico
WASHINGTON (Reuters) -The U.S. Justice Department is in the early stages of drafting a potential antitrust complaint against Apple Inc,…
US, China reach deal in dispute over Chinese company audits
WASHINGTON (AP) — The U.S. and China have reached a tentative agreement to allow U.S. regulators to inspect the audits…
Moderna Sues Pfizer/BioNTech For Patent Infringement Over COVID Vaccine
By Daniel Trotta (Reuters) -Moderna sued Pfizer and its German partner BioNTech on Friday for patent infringement in the development…
Powell: Fed’s inflation fight could bring ‘pain,’ job losses
JACKSON HOLE, Wyoming (AP) — Federal Reserve Chair Jerome Powell delivered a stark warning Friday about the Fed’s determination to…
Dollar Rebounds As Powell Commits To Fighting Inflation
By Karen Brettell NEW YORK (Reuters) – The dollar index gained on Friday after Federal Reserve Chair Jerome Powell adopted…
Germany rethinks gas surcharge after backlash over profits
BERLIN (AP) — The German government is considering backtracking on plans for consumers to pay a surcharge on natural gas…
U.S. And China Reach Audit Deal In Boon For Chinese Tech Companies
By Scott Murdoch, Xie Yu and Samuel Shen HONG KONG (Reuters) – Beijing and Washington took a major step on…
Moderna sues Pfizer, BioNTech over COVID-19 vaccine patents
COVID-19 vaccine maker Moderna is suing Pfizer and the German drugmaker BioNTech, accusing its main competitors of copying Moderna’s technology…
Nasdaq, S&P 500 Muted Ahead Of Powell’s Speech
By Bansari Mayur Kamdar and Devik Jain (Reuters) – The S&P 500 and the Nasdaq were subdued on Friday in…