Business

» Auto updated continuously

• Source limited to: FX Empire

 2022-08-18 14:04 

FX Empire

Salman Rushdie attack suspect indicted, to appear in court Thursday...

By Tyler Clifford MAYVILLE, N.Y (Reuters) -The man suspected of stabbing novelist Salman Rushdie last week in western New York will appear in court on Thursday afternoon, the prosecutor's office said....

 2022-08-18 13:58 

FX Empire

Restaurateur and rapper duo to reopen former Starbucks coffee shops in Russia...

By Alexander Marrow MOSCOW (Reuters) A restaurateur and rapper duo are set to reopen the chain of coffee shops in Russia formerly owned by Starbucks Corp on Thursday, the latest rebranding of a major Western company following a months-long corporate exodu...

 2022-08-18 13:55 

FX Empire

Google employees petition bosses for abortion policy changes...

By Paresh Dave OAKLAND, Calif. (Reuters) Over 650 workers at Google owner Alphabet Inc are demanding it offer abortion benefits to contractors, suspend donations to anti-abortion politicians and better protect users from abortion-related disinformation an...

 2022-08-18 13:53 

FX Empire

Swedish economic growth set to slow significantly finance minister...

STOCKHOLM (Reuters) Swedish economic growth is expected to slow significantly during the second half of the year as high inflation hampers economic activity, Sweden's finance minister said on Thursday....

 2022-08-18 13:53 

FX Empire

Fed's Daly: 50 bps or 75 bps Sept rate hike 'reasonable'...

(Reuters) San Francisco Federal Reserve Bank President Mary Daly on Thursday said that either a half- or 75-basis-point interest-rate hike in September would be a "reasonable" way to get short-term borrowing costs to a little over 3% by year end a...

 2022-08-18 13:53 

FX Empire

WHO recommends Valneva's COVID vaccine...

(Reuters) -The World Health Organization (WHO) on Thursday recommended the use of French drugmaker Valneva's COVID-19 vaccine....

 2022-08-18 13:53 

FX Empire

For leaders abroad, new U.S. law restores climate credibility...

By Jasper Ward and Valerie Volcovici NASSAU, BAHAMAS (Reuters) The U.S. climate bill signed into law this week restores the country's credibility as a leading player in U.N. climate negotiations, international officials said....

 2022-08-18 13:49 

FX Empire

Swedish government slashes growth outlook for 2023 as war and inflation hits...

STOCKHOLM (Reuters) -The Swedish government on Thursday raised its outlook for the Nordic country's economy this year to see it growing by 2.3%, but lowered the forecast for 2023 to just 0.4% growth....

 2022-08-18 13:40 

FX Empire

Wall St steady at open as investors assess Fed minutes...

(Reuters) U.S. stock index futures edged up on Thursday ahead of labor market data, while investors assessed the Federal Reserve's July meeting minutes that suggested the central bank might pursue a less aggressive monetary policy tightening path....

 2022-08-18 13:08 

FX Empire

Russian mobile operator MTS reports 36.4% drop in Q2 net profit...

MOSCOW (Reuters) Russia's biggest mobile operator MTS on Thursday reported a 36.4% year-on-year drop in second-quarter net profit to 10.9 billion roubles ($185.53 million) as group revenues edged slightly higher to 127.8 billion roubles....

 2022-08-18 13:08 

FX Empire

Chile's GDP up 5.4% in Q2, below estimates...

SANTIAGO (Reuters) Chile's economy expanded 5.4% in the second quarter of 2022 from a year earlier, central bank data showed on Thursday, driven by services activities but below expectations of a 5.7% increase from economists polled by Reuters....

 2022-08-18 13:08 

FX Empire

Dutch refugee council sues state over "inhumane" asylum centres...

By Anthony Deutsch TER APEL, Netherlands (Reuters) Teenager Munasar Muhidin says he fled Somalia in 2020 after Islamist militants killed most of his family and that his brother died trying to get to Europe. He hoped he had finally found a place of refuge ...

 2022-08-18 13:07 

FX Empire

Romania sells 447.0 million lei of September 2031 bonds, sells 375.7 million lei of 11-month T-Bills...

(Reuters) Romania sold a more than planned 447.0 million lei ($93.25 million) worth of September 2031 bonds and a less than planned 375.7 million lei ($78.38 million) worth of 11-month treasury bills on Thursday, with the average accepted yield of 7.68% a...

 2022-08-18 12:53 

FX Empire

U.S. weekly jobless claims edged lower last week...

WASHINGTON (Reuters) The number of Americans filing new claims for unemployment benefits fell moderately last week, suggesting some loss momentum in the labor market against the backdrop of higher interest rates ....

 2022-08-18 12:53 

FX Empire

German heat pump bonanza test industry's resilience in Russian gas crunch...

By Thomas Escritt HOLZMINDEN, Germany (Reuters) In a way, Stiebel Eltron has never had it so good. The heating manufacturer's main factory has gone up to working 24 hours a day making the energy-efficient heat pumps that Germany needs to wean itself o...

 2022-08-18 12:52 

FX Empire

Denmark to invest $5.5 billion in the navy...

COPENHAGEN (Reuters) The Danish defence ministry said on Thursday the Nordic nation will invest 40 billion Danish crowns ($5.47 billion) in its navy....

 2022-08-18 12:23 

FX Empire

Russian Foreign Ministry says U.N. proposal to demilitarise Zaporizhzhia nuclear plant 'unacceptable'...

MOSCOW (Reuters) Russia's Foreign Ministry on Thursday dismissed a proposal by United Nations Secretary General Antonio Guterres to demilitarise the area around the Russian-controlled Zaporizhzhia nuclear power plant in southern Ukraine....

 2022-08-18 12:23 

FX Empire

Bed Bath & Beyond rally fizzles out as billionaire Cohen plans to dump stake...

(Reuters) Bed Bath & Beyond Inc shares dropped 12.5% on Thursday after billionaire investor Ryan Cohen disclosed plans to sell his entire stake in the struggling retailer, following a stunning rally in the meme stock this month....

 2022-08-18 12:23 

FX Empire

Bank of England sets out plans to sell $23 billion corporate bond stockpile...

By David Milliken LONDON (Reuters) The Bank of England set out plans on Thursday to auction off around 200 million pounds ($241 million) of corporate bonds a week from next month, as it moves ahead with its plans to unwind its huge stimulus push of...

 2022-08-18 12:22 

FX Empire

Russian Jews head for Israel as Kremlin targets emigration group...

By Rami Amichay TEL AVIV (Reuters) In the hours after Russia invaded Ukraine in February, Ilya Fomintsev, a 43-year-old oncologist and director of a medical charity, took to the streets of Moscow to protest. He was arrested and sentenced to 20 days' d...

 2022-08-18 12:16 

FX Empire

Exclusive-Sri Lanka to ask Japan to open talks on debt restructuring with key lenders...

By Uditha Jayasinghe COLOMBO (Reuters) Sri Lanka will ask Japan to invite the Indian Ocean island's main creditor nations, including China and India, to talks on bilateral debt restructuring, as it seeks a way out of its worst economic crisis in decad...

 2022-08-18 12:12 

FX Empire

Poland's PGNiG in talks to get more gas from Norway through new Baltic Pipe...

WARSAW/GDANSK (Reuters) Polish gas company PGNiG said on Thursday it has contracted 800 million cubic metres (mcm) of gas for the new Baltic Pipe linking Poland and Norway for the fourth quarter....

 2022-08-18 12:11 

FX Empire

Stablecoin Tether hires BDO Italia for monthly proof-of-reserve reports...

By Elizabeth Howcroft LONDON (Reuters) Tether, the world's largest stablecoin, said on Thursday it had appointed accounting firm BDO Italia to vouch for its asset reserves, and would look to increase the frequency of publishing its reserves reports to...

 2022-08-18 12:01 

FX Empire

Daily Gold News: Thursday, August 18 Gold Price Bounces...

Today we will get the Philly Fed Manufacturing Index and Unemployment Claims releases, among others....

 2022-08-18 11:53 

FX Empire

Norway must prevent high inflation from becoming entrenched -central bank chief...

ARENDAL, Norway (Reuters) Norway's central bank is now raising rates more quickly than it had planned in June in order to avoid a longer period of high inflation, Norges Bank Governor Ida Wolden Bache said on Thursday....

 2022-08-18 11:53 

FX Empire

Pakistan lifts luxury goods import ban, to impose heavy duties...

ISLAMABAD (Reuters) -Pakistan on Thursday lifted an import ban on luxury goods, but such items will be heavily taxed, Finance Minister Miftah Ismail said....

 2022-08-18 11:52 

FX Empire

Russian anti-war protesters in Cyprus defiant after 'memorial collage' threat...

LIMASSOL, Cyprus (Reuters) Russian anti-war activists in Cyprus have vowed to continue holding protests against the invasion of Ukraine despite, they say, becoming the target of a threat after their faces appeared on a billboard site draped in black ribbo...

 2022-08-18 11:52 

FX Empire

Russia will not extend sunflower seed export ban at end of August...

MOSCOW (Reuters) Russia will not extend its ban on exports of sunflower seeds at the end of August, the agriculture ministry said on Thursday....

 2022-08-18 11:38 

FX Empire

Kohl's slashes 2022 forecasts as inflation squeezes demand...

(Reuters) Kohl's Corp cut its full-year sales and profit forecasts on Thursday, squeezed by steeper discounts and higher costs amid dwindling demand for clothing and shoes in the face of high inflation....

 2022-08-18 11:38 

FX Empire

Czech president admitted to hospital for short-term stay...

PRAGUE (Reuters) Czech President Milos Zeman was admitted to the Central Military Hospital in Prague on Thursday for a planned short-term stay, a hospital spokesperson said on Thursday....

 2022-08-18 11:23 

FX Empire

German sales tax reduction on gas to cost 10 billion eur govt official...

BERLIN (Reuters) A reduction in German sales tax on gas, designed to help consumers shoulder additional levies on already-high energy bills, will cost the state about 10 billion euros ($10.16 billion) through March 2024, a government official said....

 2022-08-18 11:23 

FX Empire

Poland's KGHM expects to cut gas consumption in 2022 to below 2 TWh...

WARSAW (Reuters) Polish miner KGHM expects to reduce gas consumption in 2022 to below 2 terawatt-hours (TWh) and possibly to as low as 1.8-1.9 TWh, compared to the previously planned 2.5 TWh, Chief Financial Officer Andrzej Kensbok said on Thursday....

 2022-08-18 11:23 

FX Empire

Luxury sneakers may be a step too far for cash-strapped Gen Z...

By Casey Hall and Mimosa Spencer SHANGHAI/PARIS (Reuters) From $300 bucket hats to $900 sneakers and $700 t-shirts, the high-flying luxury sector is fretting over the appetite among financially stretched Gen Z consumers for such "aspirational4; pur...

 2022-08-18 11:23 

FX Empire

Taiwan says China continues its military activities nearby...

TAIPEI (Reuters) Taiwan's defence ministry said 51 Chinese aircraft and six Chinese ships had been detected operating around Taiwan on Thursday as Beijing continued military activities near the island....

 2022-08-18 11:23 

FX Empire

Analysis-Years of political crises in Peru are finally hitting its economy...

By Marcelo Rochabrun LIMA (Reuters) Since 2011, Peruvians have lived under seven presidents and seen four ex-leaders detained or wanted on corruption allegations. Yet, in the same period Peru has held onto the unlikely title of the fastest growing major e...

 2022-08-18 11:22 

FX Empire

Nordic system price for power hits new record for second day...

OSLO (Reuters) The reference power price for the Nordic region hit a record high for the second consecutive day on Thursday, data from power exchange Nord Pool showed....

 2022-08-18 11:22 

FX Empire

Russia says 3 MiG warplanes with hypersonic missiles moved to Kaliningrad region -media...

MOSCOW (Reuters) -Russia's Defence Ministry said on Thursday three MiG-31E warplanes equipped with Kinzhal hypersonic missiles have been relocated to its Kaliningrad region, Interfax reported....

 2022-08-18 11:17 

FX Empire

Valereum to end bitcoin mining to focus on Gibraltar exchange...

By Huw Jones LONDON (Reuters) Blockchain company Valereum said on Thursday it was selling its bitcoin mining assets to Vinanz Ltd for a 24% stake in the company as part of plans to acquire and expand the Gibraltar Stock Exchange....

 2022-08-18 11:08 

FX Empire

Germany's Scholz phones Israeli premier after Abbas comment German govt spokesperson...

BERLIN (Reuters) German Chancellor Olaf Scholz made clear to Israeli Prime Minister Yair Lapid in a phone call on Thursday that any attempt to downplay or deny the Holocaust was unacceptable, said a German government spokesperson....

 2022-08-18 11:08 

FX Empire

Tapestry forecasts full-year profit below estimates on hit from China...

(Reuters) -Tapestry forecast full-year earnings below estimates after reporting lower-than-expected quarterly revenue on Thursday, as lockdowns in China hurt sales of its designer handbags and apparel in the region....

 2022-08-18 11:08 

FX Empire

Kazakhstan secures extra gas supply from Chevron-led Tengiz field...

ALMATY (Reuters) A Chevron-led joint venture has agreed to redirect 2.6 billion cubic metres (bcm) of gas per year towards Kazakhstan's domestic market instead of exporting it, Kazakh President Kassym-Jomart Tokayev's office said on Thursday....

 2022-08-18 11:08 

FX Empire

Estee Lauder forecasts dour 2023 due to China COVID lockdowns...

(Reuters) Estee Lauder Cos Inc on Thursday forecast full-year sales and adjusted profit below estimates, due to a hit from COVID-19-related lockdowns in major market China....

 2022-08-18 11:07 

FX Empire

Russian jets suspected of violating Finnish airspace, defence ministry says...

HELSINKI (Reuters) -Two Russian MIG-31 fighter jets are suspected of having violated the Finnish airspace on Thursday morning near the coastal city of Porvoo on the Gulf of Finland, less than 150 kilometers from Russia, said the Finnish defence ministry....

 2022-08-18 10:53 

FX Empire

Russia's Ochakovo ups soft drink bottling capacity as Western rivals leave...

MOSCOW (Reuters) Russian drinks producer Ochakovo on Thursday said it had increased the annual bottling capacity of its CoolCola, Fancy and Street soft drinks by 2.5 times to try and plug the gap in the market left by exiting Western brands....

 2022-08-18 10:23 

FX Empire

China's Chery in talks to produce cars in Russian plants -TASS...

MOSCOW (Reuters) Chinese car manufacturer Chery is in talks with Russian manufacturers about producing cars in Russian plants, Russia's state-owned news agency TASS reported on Thursday, citing Vladimir Shmakov, director of Chery's Russian branch....

 2022-08-18 10:23 

FX Empire

Marketmind: Markets left in limbo...

A look at the day ahead in U.S. and global markets from Mike Dolan...

 2022-08-18 10:23 

FX Empire

FBI's sealed evidence that led to search of Trump's home focus of court hearing...

By Brian Ellsworth and Sarah N. Lynch WEST PALM BEACH, Fla. (Reuters) Sealed records containing evidence the U.S. Justice Department presented to secure court approval to search Donald Trump's Florida home will be at the heart of a hearing on Thursday...

 2022-08-18 10:08 

FX Empire

Spain's Jan-June trade deficit widens almost six-fold to 32 billion euros...

(Reuters) Spain's trade deficit in the first six months of the year widened almost six-fold from the same period a year earlier to 32 billion euros ($32.6 billion), the Industry Ministry said on Thursday....

 2022-08-18 10:08 

FX Empire

German gas storage levy set at 0.59 cents per MWH...

BERLIN (Reuters) A charge to fund the procurement and administration of German gas imports to boost national stocks has been set at 0.59 euro cents per megawatt hour (mWh), gas market operator Trading Hub Europe said on Thursday....

 2022-08-18 10:08 

FX Empire

Longtime Trump executive Weisselberg to plead guilty in tax fraud scheme...

By Karen Freifeld (Reuters) A longtime senior executive at former President Donald Trump's family business is expected to plead guilty on Thursday to conspiring with the company in a 15-year tax fraud....

  • Need an account?  
    or