Ericsson’s Earnings Miss On Software Contract Delay, Russia Provision
STOCKHOLM (Reuters) – Sweden’s Ericsson, under fire over its handling of a bribery investigation in Iraq, on Thursday reported a…
Exclusive-Russian Companies, Banks Could Reap Windfall From Depositary Receipt Delisting
By Sinead Cruise and Carolina Mandl WASHINGTON/NEW YORK (Reuters) – Russian companies and global banks including BNY Mellon, Deutsche Bank,…
South Korea Steps Up Inflation Fight With Surprise Rate Hike
By Cynthia Kim and Joori Roh SEOUL (Reuters) – South Korea’s central bank raised its benchmark rate to the highest…
China’s Anti-corruption Watchdog Involved In Probe Of Jack Ma’s Ant – Bloomberg News
(Reuters) – The Chinese Communist Party’s anti-corruption watchdog was among the agencies involved in a recent inquiry into links between…
Asian Shares Track Wall Street Higher As U.S. Yields Stabilise
By Stella Qiu and Alun John BEIJING (Reuters) – Asian shares tracked Wall Street higher on Thursday, while U.S. Treasury…
Australian Unemployment Holds At 4% In March, Labour Market Still Hot
By Wayne Cole SYDNEY (Reuters) -Australia’s unemployment rate held at a 13-year low in March as jobs growth slowed after…
Dollar Soft After As U.S. Yields Pause
By Alun John HONG KONG (Reuters) – The dollar was on the back foot on Thursday after tumbling overnight, particularly…
U.S. Judge Cuts Verdict In Tesla Race Bias Case To $15 Million From $137 Million
(Reuters) – A federal judge on Wednesday said a $137 million jury award, one of the largest of its kind,…
IMF Board Approves New Trust To Help Members Deal With Climate Change, Pandemics
By Andrea Shalal WASHINGTON (Reuters) -The International Monetary Fund’s executive board on Wednesday approved creation of a new facility to…
Exclusive-Three-quarters Of Japan Firms Bemoan Current Yen Weakness As Bad For Business
By Tetsushi Kajimoto TOKYO (Reuters) – More than three-quarters of Japanese firms say the yen has declined to point of…