by New Posts | Feb 20, 2025 | Economy
By Rishav Chatterjee(Reuters) – Short positions on all Asian currencies were at multi-month lows on Thursday, as analysts shrugged off fears around the potential of an extended global trade war and factored in a boost in appetite towards risk-sensitive...
by New Posts | Feb 20, 2025 | Business
SHANGHAI (Reuters) – TikTok is laying off global staff at its trust and safety unit which handles content moderation as part of a restructuring, three sources familiar with the matter said on Thursday.Two sources said that Adam Presser, operations head of the...
by New Posts | Feb 20, 2025 | General
By James Oliphant and Jason LangeWASHINGTON (Reuters) – A majority of Americans worry that Elon Musk’s drive to slash the federal government could hurt services their communities depend on and believe that billionaires have too much influence on President...
by New Posts | Feb 20, 2025 | General
By Leah Douglas, Nathan Layne and Tim Reid(Reuters) – Federal workers fired for alleged poor performance as part of U.S. President Donald Trump’s remaking of the federal government received excellent performance reviews before they were fired, according to...
by New Posts | Feb 20, 2025 | Business
(Reuters) – Walmart on Thursday forecast sales for the fiscal year ending January 2026 largely below Wall Street estimates, suggesting the world’s largest retailer expects inflation-weary consumers to pull back after several quarters of solid growth.Shares...
by New Posts | Feb 20, 2025 | General
By Olena Harmash and Tom BalmforthKYIV (Reuters) – Ukrainian President Volodymyr Zelenskiy said he was counting on Ukrainian and European unity and U.S. pragmatism as Kyiv faces a mounting crisis in relations with its hitherto key U.S. ally under the leadership...
by New Posts | Feb 20, 2025 | Business
(Reuters) -AstraZeneca will buy U.S. biotech firm FibroGen’s <FGEN.O> China unit for about $160 million, in its latest deal to boost its presence in the country despite growing US-China trade tensions.Fibrogen said the deal will give AstraZeneca full...
by New Posts | Feb 19, 2025 | General
By Andrea Shalal, Christian Kraemer and David LawderMIAMI/BERLIN (Reuters) -U.S. Treasury Secretary Scott Bessent will skip next week’s meeting of finance ministers and central bank governors from the Group of 20 major economies in Cape Town, South Africa, three...
by New Posts | Feb 19, 2025 | General
WASHINGTON (Reuters) – The U.S. Environmental Protection Agency said on Wednesday it has submitted the Biden administration’s approval of California’s landmark plan to end the sale of gasoline-only vehicles by 2035 to Congress for review and...
by New Posts | Feb 19, 2025 | General
By Nate Raymond(Reuters) – A Republican ally of Donald Trump has moved to impeach a federal judge who blocked a team set up by the president and spearheaded by billionaire Elon Musk from accessing U.S. Treasury Department systems responsible for trillions of...