Business

» Auto updated continuously

• Source limited to: FX Empire

 2022-08-11 05:23 

FX Empire

Credit Suisse moves English court in $440 million SoftBank dispute...

(Reuters) Swiss lender Credit Suisse Group AG sought the English High Court last week to initiate formal legal proceedings against Japan's SoftBank Group Corp over a $440 million dispute, the Financial Times reported on Thursday....

 2022-08-11 05:23 

FX Empire

Thyssenkrupp's Q3 operating profit nearly triples on steel price rebound...

FRANKFURT (Reuters) -Thyssenkrupp's third-quarter operating profit nearly tripled on the back of higher steel prices, the German conglomerate said on Thursday, but it added that it faced headwinds from high raw material prices and rising interest rate...

 2022-08-11 05:08 

FX Empire

Taiwan fishing community casting for fresh markets after China ban...

By Ann Wang and I-Hwa Cheng PINGTUNG, Taiwan (Reuters) Even before last week's visit to Taiwan by U.S. House of Representatives Speaker Nancy Pelosi, fish farmer Chen Sheng-You was on the lookout for new business, with trade curbs cutting him off from...

 2022-08-11 05:08 

FX Empire

'Freedom, happiness, opportunities': Afghan women learn to swim, drive in Australia...

By Stefica Nicol Bikes SYDNEY (Reuters) At an indoor pool in a western Sydney suburb, about 20 Afghan women who recently reached Australia as refugees listen to former asylum seeker Maryam Zahid as she offers them swimming classes and talks about the coun...

 2022-08-11 04:53 

FX Empire

Marketmind: Fed doesn't see enough swallows for summer...

A look at the day ahead in markets from Alun John...

 2022-08-11 04:37 

FX Empire

Militants attack Indian army post in Kashmir; 3 soldiers, 2 attackers die in shootout...

SRINAGAR (Reuters) Militants attacked an Indian army post in the disputed Kashmir region on Thursday, killing three soldiers, while two attackers died in the shootout that came amid heightened security ahead of India's independence day celebrations....

 2022-08-11 04:23 

FX Empire

Fed's Mary Daly says it's too early to 'declare victory' on inflation fight FT...

(Reuters) San Francisco Fed President Mary Daly warned it is far too early for the U.S. central bank to "declare victory" in its fight against inflation after new data showed a reprieve in consumer price pressures, the Financial Times reported on ...

 2022-08-11 04:23 

FX Empire

Thai consumer mood at 5-month high in July...

BANGKOK (Reuters) Thai consumer confidence rose for a second straight month in July, reaching a five-month high, boosted by improved economic activity following an easing of COVID-19 curbs, but high costs of living remained a concern, a survey showed on T...

 2022-08-11 04:08 

FX Empire

Taiwan rejects China's 'one country, two systems' plan for the island...

TAIPEI (Reuters) Taiwan rejects the "one country, two systems" model proposed by Beijing in a white paper published this week, the self-ruled island's foreign ministry said on Thursday....

 2022-08-11 03:53 

FX Empire

Sri Lanka's ousted president to seek temporary stay in Thailand...

BANGKOK (Reuters) Sri Lanka's former president, Gotabaya Rajapaksa, is expected to arrive in Thailand on Thursday and stay temporarily in a second Southeast Asian country since fleeing his island nation last month in the midst of mass protests....

 2022-08-11 03:53 

FX Empire

Australian crypto ownership warrants consumer protection, says regulator...

SYDNEY (Reuters) Nearly half of Australian retail investors owned cryptocurrency in late 2021 and more got their information from YouTube videos than from financial advisers, the securities watchdog said on Thursday, calling the data a "strong case fo...

 2022-08-11 03:23 

FX Empire

Russian-backed separatist head says Azov trial to begin this summer...

OLENIVKA, Ukraine (Reuters) The head of the Russian-backed separatist administration in eastern Ukraine's Donetsk region said on Wednesday that a trial of captured personnel from Ukraine's Azov Regiment would take place by the end of the summer, l...

 2022-08-11 03:08 

FX Empire

Satellite imagery shows Antarctic ice shelf crumbling faster than thought...

By Steve Gorman LOS ANGELES (Reuters) Antarctica's coastal glaciers are shedding icebergs more rapidly than nature can replenish the crumbling ice, doubling previous estimates of losses from the world's largest ice sheet over the past 25 years, a ...

 2022-08-11 02:38 

FX Empire

S.Korea says THAAD missile system is means of self-defence News1...

SEOUL (Reuters) South Korea's presidential office said on Thursday the U.S. THAAD missile defence system stationed in the country is a means of self-defence, News1 reported, after Beijing demanded Seoul not deploy additional batteries and limit the us...

 2022-08-11 02:23 

FX Empire

S.Korea expresses regret over N.Korea's 'groundless claim' over COVID, threats...

SEOUL (Reuters) South Korea's unification ministry handling inter-Korean affairs expressed regret after North Korean leader Kim Jong Un's powerful sister blamed leaflets from the South for causing the COVID outbreak in the isolated country....

 2022-08-11 02:08 

FX Empire

Yellen to IRS: No increase in middle-class audits if IRS gets more funding...

WASHINGTON (Reuters) U.S. Treasury Secretary Janet Yellen told the Internal Revenue Service commissioner on Wednesday that if the Inflation Reduction Act becomes law additional IRS resources should not be used to increase audit rates on taxpayers making u...

 2022-08-11 02:08 

FX Empire

Asian shares join global rally on softer-than-expected U.S. inflation...

By Stella Qiu and Alun John BEIJING/HONG KONG (Reuters) Asian shares tracked Wall Street higher on Thursday after a softer-than-expected U.S. inflation report encouraged bets of less aggressive rate hikes from the Federal Reserve, while the dollar remaine...

 2022-08-11 01:38 

FX Empire

Dollar bruised after U.S. inflation comes in below expectations...

By Alun John HONG KONG (Reuters) The euro and Japanese yen were sitting pretty on Thursday morning after U.S. inflation data overnight came in less hot than feared and sent the dollar tumbling....

 2022-08-11 00:52 

FX Empire

Costa Rica seeks entry to trans-Pacific trade bloc...

SAN JOSE (Reuters) Costa Rica formalized its request to join a trade partnership of 11 countries across Asia, Australia and the Americas, President Rodrigo Chaves announced on Wednesday, in a step toward strengthening trade ties with Asian economies....

 2022-08-11 00:38 

FX Empire

Oil falls on demand concerns, greater supply...

By Laura Sanicola SINGAPORE (Reuters) Oil prices fell in early Asian trade on Thursday as traders anticipated more supply of crude entering the market coupled with weaker demand....

 2022-08-11 00:38 

FX Empire

Explainer How will SoftBank cut its stake in Alibaba without selling shares?...

By Carolina Mandl and Angelique Chen NEW YORK (Reuters) SoftBank Group Corp is set to post a gain of $34.1 billion by reducing its stake in Alibaba Group Holding from 23.7% to 14.6%....

 2022-08-11 00:23 

FX Empire

Harvey Weinstein, Chrysler end dueling lawsuits over 2019 Jeep crash...

By Jonathan Stempel NEW YORK (Reuters) Harvey Weinstein and the U.S. business of Fiat Chrysler Automobiles agreed to end competing lawsuits over a 2019 crash in which the now-imprisoned former Hollywood movie producer flipped a Jeep Wrangler while trying ...

 2022-08-11 00:23 

FX Empire

Singapore Q2 GDP grows 4.4% y/y, slower than first estimated...

SINGAPORE (Reuters) Singapore's economy expanded less than initially estimated in the second quarter, official data showed on Thursday....

 2022-08-11 00:22 

FX Empire

Mexico issues measures to mitigate high costs of train cargo as inflation soars...

MEXICO CITY (Reuters) Mexico's government on Wednesday said it had issued so-called "emergency directives" for the transportation via train of products in a staple basket of goods with the aim of mitigating high cargo costs as inflation is ove...

 2022-08-10 23:38 

FX Empire

Brazil's BRF posts Q2 net loss of $91.86 million...

SAO PAULO (Reuters) Brazilian pork and poultry processor BRF SA on Wednesday reported net loss of 468 million real ($91.86 million), wider than forecast by analysts, who had predicted 156.93 million loss for the second quarter....

 2022-08-10 23:35 

FX Empire

Confidence drains from UK housing market, RICS says...

LONDON (Reuters) Expectations for activity in Britain's housing market have dried up quickly thanks to a worsening economic outlook and rising interest rates, an industry survey showed on Thursday....

 2022-08-10 23:34 

FX Empire

Shock, shame among some Muslims as Afghan accused of New Mexico murders...

By Andrew Hay ALBUQUERQUE, N.M. (Reuters) Muslims in New Mexico interviewed on Wednesday said they felt shock and shame at the arrest of a Muslim immigrant from Afghanistan in connection with the murders of four Muslim men....

 2022-08-10 23:23 

FX Empire

Binance says it is winning crypto clients thanks to inflation...

By Marcelo Rochabrun LIMA (Reuters) Binance, the world's largest cryptocurrency exchange, is seeing a surge in clients due to rising inflation and a historically strong dollar that has depressed emerging market currencies, an executive told Reuters on...

 2022-08-10 23:13 

FX Empire

After Avalanche's 20% Weekly Spike, Can AVAX Reclaim the $35 Level?...

Fresh gains provided much-needed relief to the sore eyes of crypto traders and investors as BTC, ETH, and major altcoins like AVAX rallied on renewed bullish sentiment after the easing inflation....

 2022-08-10 23:08 

FX Empire

Finance industry urged to hire more working class managers...

By Huw Jones LONDON (Reuters) Financial services companies should set "stretching targets" for appointing people from working class backgrounds to senior positions, a UK government-sponsored report said on Thursday....

 2022-08-10 23:08 

FX Empire

Brazil's Bolsonaro pledges privatizations if re-elected; mum on Petrobras...

BRASILIA (Reuters) Brazil's President Jair Bolsonaro did not mention privatizing state-controlled oil company Petrobras in his re-election plan released on Wednesday that promises to continue pursuing policies that reduce the size of the state....

 2022-08-10 23:07 

FX Empire

Brazilian woman swindled mother of more than $100 million in art, police say...

RIO DE JANEIRO (Reuters) Brazilian woman Sabine Coll Boghici, 48, was arrested on Wednesday on allegations she was part of a bizarre scheme to defraud her 82-year-old mother, Genevieve Boghici, the wife of the late art collector Jean Boghici, out of money...

 2022-08-10 23:07 

FX Empire

Australia's James Hardie to name new CEO in next 30 days...

(Reuters) Australian building materials giant James Hardie Industries Plc said on Thursday it was in the final stages of selecting a new chief executive officer and expects to appoint one in the next 30 days....

 2022-08-10 22:53 

FX Empire

Russian separatists say Ukraine shelled brewery, caused ammonia leak Interfax...

(Reuters) Pro-Russian separatists accused Ukraine of shelling a brewery in the occupied eastern city of Donetsk on Wednesday, killing one person and triggering a leak of ammonia, Interfax news agency said....

 2022-08-10 22:52 

FX Empire

UK police arrest man on terrorism charges at Luton airport...

(Reuters) Police in Britain arrested a 38-year-old man at Luton Airport on terrorism charges on Wednesday, the Metropolitan Police said in a statement....

 2022-08-10 22:47 

FX Empire

Banco do Brasil boosts full-year forecasts after Q2 profit beat...

SAO PAULO (Reuters) Brazilian state-controlled lender Banco do Brasil SA on Wednesday reported its second-quarter net profit rose 38% from a year earlier, beating market forecasts....

 2022-08-10 22:38 

FX Empire

New Zealand house prices fall on year for first time sine 2011...

By Lucy Craymer WELLINGTON (Reuters) New Zealand house prices fell in July with the median price recording its first annual fall since 2011, the Real Estate Institute of New Zealand (REINZ) said on Thursday....

 2022-08-10 22:38 

FX Empire

Australia's AMP posts 24% drop in first-half profit...

(Reuters) Australian wealth manager AMP Ltd posted a 24.5% drop in half-yearly profit on Thursday, hurt by lower earnings from its Banking division and as heightened market volatility drove outflows from its flagship fund management arm....

 2022-08-10 22:08 

FX Empire

Fitch downgrades Mexico's Unifin on announced debt service cessation...

MEXICO CITY (Reuters) Fitch Ratings downgraded on Wednesday Mexican leasing firm Unifin's long- and short-term foreign and local currency issuer default ratings (IDRs) to 'C' and 'C' from 'BB-' and 'B' respectively, acc...

 2022-08-10 21:53 

FX Empire

Credit Suisse's top investor Harris Associates discloses 10% stake...

(Reuters) Credit Suisse's top shareholder Harris Associates on Wednesday disclosed a stake of more than 10% in the Swiss bank....

 2022-08-10 21:53 

FX Empire

Musk seeks to question Twitter employees who count bots source...

By Sheila Dang (Reuters) Elon Musk's legal team is demanding Twitter turn over the names of employees responsible for calculating what percentage of the social media site's users are bot and spam accounts, according to a source familiar with the m...

 2022-08-10 21:53 

FX Empire

Two former JPMorgan metals traders found guilty in landmark 'spoofing' case...

By Jody Godoy WASHINGTON (Reuters) Two former JPMorgan Chase & Co employees were found guilty on some charges in a landmark trial over futures market manipulation on Wednesday, while a third former trader was acquitted entirely, a spokesperson for the Dep...

 2022-08-10 21:52 

FX Empire

China delays bid by U.S and India to sanction Pakistan militant at U.N....

UNITED NATIONS (Reuters) China delayed on Wednesday a proposal by the United States and India to sanction at the U.N. Security Council a top commander in the Pakistan-based Jaish-e-Mohammad (JeM) militant group, diplomats said....

 2022-08-10 21:38 

FX Empire

N.Korea's Kim declares victory in battle against COVID-19 -KCNA...

SEOUL (Reuters) North Korean leader Kim Jong Un has declared victory over the country's battle against the coronavirus and ordered a lifting of its maximum anti-epidemic measures imposed in May, state media KCNA said on Thursday....

 2022-08-10 21:38 

FX Empire

Costa Rica prepares plan to regularize status of 200,000 mostly Nicaraguan migrants...

SAN JOSE (Reuters) Costa Rica is readying a plan to regularize the status of some 200,000 migrants, largely from the Central American country's northern neighbor Nicaragua, authorities told Reuters on Wednesday....

 2022-08-10 21:37 

FX Empire

Mubadala, Raizen in final round to buy BP-Bunge Brazilian ethanol venture source...

By Tatiana Bautzer SAO PAULO (Reuters) UAE state investor Mubadala Investment Co and energy company Raizen SA are in the final round to acquire Brazilian ethanol joint venture BP Bunge Bioenergia, the world's third-largest sugarcane processor, one sou...

 2022-08-10 21:37 

FX Empire

Forty-two Malian soldiers killed in suspected Islamist attack...

BAMAKO (Reuters) Forty-two Malian soldiers were killed in an attack near the town of Tessit on Sunday, Mali's government said on Wednesday, updating a previous death toll of 17....

 2022-08-10 21:23 

FX Empire

Exclusive U.S. rethinks steps on China tariffs in wake of Taiwan response sources...

By Jeff Mason and David Lawder WASHINGTON (Reuters) China's war games around Taiwan have led Biden administration officials to recalibrate their thinking on whether to scrap some tariffs or potentially impose others on Beijing, setting those options a...

 2022-08-10 20:53 

FX Empire

Pelosi says U.S. House will pass Inflation Reduction Act on Friday...

WASHINGTON (Reuters) U.S. House Speaker Nancy Pelosi said on Wednesday the House of Representatives would pass the Inflation Reduction Act on Friday....

 2022-08-10 20:53 

FX Empire

Ukraine says it will respond to shelling of town, vows to hurt Russians more...

(Reuters) Ukraine will respond to the Russian shelling of a town and needs to consider how to inflict as much damage on Russia as possible to end the war quickly, President Volodymyr Zelenskiy said on Wednesday....

  • Need an account?  
    or