Factbox-Rite Aid joins companies going bankrupt amid opioid litigation
(Reuters) – Drugstore chain Rite Aid is the latest U.S. company to seek bankruptcy protection following pressure from lawsuits alleging…
Month: October 2023
Snap shares jump as leaked 2024 user target exceed Wall St expectations
(Reuters) – Snap shares jumped 11% on Monday after a media report said the social media company is expected to…
Industrial metals to remain vulnerable to more softness near-term, says Goldman
(Reuters) – Goldman Sachs on Monday said it expects industrial metals markets to remain vulnerable to incremental softness in the…
Hamas’ cash-to-crypto global finance maze in Israel’s sights
By Hadeel Al Sayegh, John O’Donnell, Elizabeth Howcroft LONDON/DUBAI (Reuters) -Palestinian militant group Hamas uses a global financing network to…
Key takeaways from IMF/World Bank meetings in Morocco
MARRAKECH, Morocco (Reuters) -The International Monetary Fund and World Bank wrapped up annual meetings in Morocco on Sunday with some…
Global markets watch for fallout as Middle East tensions rise
By Matt Tracy and Saqib Iqbal Ahmed WASHINGTON (Reuters) -The Israeli-Hamas war has sharpened focus on rising geopolitical risks for…
Putin says suggestions of U.S. war against Russia and China are nonsense
By Guy Faulconbridge MOSCOW (Reuters) -President Vladimir Putin said on Sunday that suggestions the United States should prepare for a…
UAW says had to escalate action on Ford
(Reuters) -The United Auto Workers said on Saturday they had to escalate action against Ford as they expected a revised…
Yellen, UK’s Hunt discussed ‘joint actions to deny Russia revenue’ -US Treasury Dept
(Reuters) – U.S. Treasury Secretary Janet Yellen met with U.K Chancellor of the Exchequer Jeremy Hunt on the sidelines of…
Ferrari to accept crypto as payment for its cars in the US
By Giulio Piovaccari MILAN (Reuters) – Ferrari has started to accept payment in cryptocurrency for its luxury sports cars in…