China’s JD.com to open grocery stores by merging 7Fresh, other units
BEIJING (Reuters) – Chinese e-commerce giant JD.com plans to open retail grocery stores through the merger of its 7Fresh supermarket…
Recession risk, rate rises drive down private equity deal volumes to 4-year low
By Patturaja Murugaboopathy (Reuters) – Dealmaking by private equity firms hit its lowest in four years, under pressure from high…
SolarWinds executives receive Wells notice from US SEC
(Reuters) -SolarWinds said on Friday some of its former and current executives had been issued a Wells notice by the…
Hollywood directors ratify labor pact as writers keep picketing
By Lisa Richwine and Steve Gorman LOS ANGELES (Reuters) – Film and television directors voted overwhelmingly to ratify a new…
Explainer-PwC Australia fights to contain government tax leak scandal
By Lewis Jackson and Scott Murdoch SYDNEY (Reuters) – PricewaterhouseCoopers (PwC) Australia has moved to contain the fallout from a…
New York lawyers sanctioned for using fake ChatGPT cases in legal brief
By Sara Merken NEW YORK (Reuters) – A U.S. judge on Thursday imposed sanctions on two New York lawyers who…
Japan’s top currency diplomat escalates warning against weak yen
By Tetsushi Kajimoto TOKYO (Reuters) -Japan is not ruling out any options in responding appropriately to excessive currency moves, its…
Renewables growth did not dent fossil fuel dominance in 2022, report says
LONDON (Reuters) – Global energy demand rose 1% last year and record renewables growth did nothing to shift the dominance…
Sweden sees ’cause for concern’ on retailer margins as food prices surge
By Marie Mannes STOCKHOLM (Reuters) – Sweden’s competition authority has expressed concern about margins being charged by supermarkets and wholesalers…
Factbox-PwC Australia scandal latest of many around the globe for the firm
By Lewis Jackson SYDNEY (Reuters) – PricewaterhouseCoopers (PwC) Australia is under fire after a former partner leaked confidential government tax…