Jul 2, 2023 | Business, Economy, Europe, US
(Reuters) – Pacific Investment Management Co (PIMCO) is preparing for a “harder landing” while top central bank chiefs prepare to continue their campaign of interest rate rises, Daniel Ivascyn, chief investment officer at the U.S. bond giant, told...
Jul 1, 2023 | Business, Economy, Technology
(Reuters) -Twitter is limiting how many tweets per day various accounts can read, to discourage “extreme levels” of data scraping and system manipulation, Executive Chair Elon Musk said in a post on the social media platform on Saturday. Verified accounts...
Jul 1, 2023 | Asia, Business, Economy, Europe, Health, US
(Reuters) – Swiss drugmaker Sandoz said on Saturday it had launched a biosimilar version of AbbVie Inc’s big selling arthritis treatment Humira, adding to U.S. competition for the drug that started in January. The Novartis-owned company said its drug,...
Jun 30, 2023 | Asia, Business, Economy
BEIJING (Reuters) – New home prices in China edged down in June from the previous month, marking a second straight month of declines, and housing sales are likely to remain weak over the summer when demand is usually at a low ebb, according to a private survey....
Jun 30, 2023 | Business, Economy, Entertainment and Lifestyle, US
(Reuters) – Walt Disney has been accused of systematically underpaying women in California in a lawsuit that alleges the company’s female employees in the state earned $150 million less than their male counterparts over an eight year period. The Friday...
Jun 30, 2023 | Business, Economy, Technology, US
By John McCrank and Carolina Mandl (Reuters) -Exchange operator Cboe on Friday refiled an application with the U.S. securities regulator to launch a bitcoin exchange-traded fund by asset manager Fidelity, saying it would work with global crypto exchange Coinbase to...