Climate, COVID, China: Takeaways from online Davos event
GENEVA (AP) — Government and business leaders have urged cooperation on the world’s biggest issues — climate change, the coronavirus…
Prepare For Big Central Banks Moving Out Of Step: Policymakers
By Balazs Koranyi, Leika Kihara and David Lawder (Reuters) – The world’s biggest central banks, moving in tandem at the…
Strike At Kroger’s King Soopers Ends After Deal With Union
(Reuters) -More than 8,000 workers at nearly 80 Kroger Co-owned King Soopers stores on Friday called off their strike after…
Global Bond Funds See Higher Outflows On Rates Outlook
(Reuters) – Investors stepped up selling in global bond funds in the seven days to Jan. 19 as hawkish remarks…
IPhone Maker Foxconn Seals EV Partnership With Indonesia
TAIPEI (Reuters) – Taiwan-based Foxconn said it has partnered with Indonesia’s Investment Ministry and several companies to support the development…
Intel to build $20B Ohio chip facility amid global shortage
COLUMBUS, Ohio (AP) — Chipmaker Intel said Friday it will invest $20 billion to build a new factory in Ohio,…
Stocks Tumble As Disappointing Earnings Fan Investor Fears
By Tommy Wilkes LONDON (Reuters) – Stock markets dropped on Friday, following on from a late slump in the U.S….
Toyota To Curb More Production In Japan As COVID Spreads
(Toyota corrects number of affected plants to 12 from 11) TOKYO (Reuters) -Toyota Motor Corp is slowing production at as…
Investors Dump Pandemic Darlings As Results Disappoint
LONDON (Reuters) – Pandemic market darlings Netflix and Peloton each saw about a fifth of their market value wiped out…
Dollar Holds Its Ground As Selloff Drags Down Aussie, Bitcoin
By Iain Withers LONDON (Reuters) – The dollar was on track for its best week in a month against major…