By Sinéad Carew and Amruta Khandekar (Reuters) – Wall Street’s main indexes closed lower on the first trading day of 2023 with the biggest drags from Tesla and Apple, while investors worried about the Federal Reserve’s interest-rate hiking path as they awaited minutes from its December meeting. Shares in electric vehicle maker Tesla Inc closed …
Wall St starts the year with a dip; Apple, Tesla shares drag Read More »
(Reuters) -Britain said on Tuesday it was committed to leading a NATO task force in 2024, dismissing a report by Berlin-based Table.Media that British delays had prompted the German defence ministry to look into extending its leadership beyond 2023. “The UK is ready to honour our commitment to lead NATO’s Very High Readiness Joint Task …
Britain says it is committed to leading a NATO task force in 2024 Read More »
By Amanda Cooper and Koh Gui Qing LONDON/NEW YORK (Reuters) -The dollar jumped on Tuesday as oil prices sank, while U.S. stocks bucked a global equities rally in a macro-packed week that could offer a steer on when and where U.S. interest rates might peak. The MSCI All-World index fell 0.2%, dragged by losses in …
By Chibuike Oguh (Reuters) -Blackstone Inc on Tuesday said it had secured a $4 billion investment from the University of California in its unlisted real estate income trust (BREIT) that has been plagued by investor redemptions, after the private equity firm committed $1 billion to backstop the university’s returns in the fund. In an unprecedented …
Blackstone offers backstop to lure University of California in redemption-stricken REIT Read More »
By David Lawder WASHINGTON (Reuters) -The World Bank is seeking to vastly expand its lending capacity to address climate change and other global crises and will negotiate with shareholders ahead of April meetings on proposals that include a capital increase and new lending tools, according to an “evolution roadmap” seen by Reuters on Monday. The …
Exclusive-World Bank seeks more funds to address climate change, other crises -document Read More »
(Reuters) -A data breach at Toyota Motor’s Indian business might have exposed some customers’ personal information, it said on Sunday. Toyota India said it has notified the relevant Indian authorities of the data breach at Toyota Kirloskar Motor, a joint venture with Indian conglomerate Kirloskar Group. “Toyota Kirloskar Motor (TKM) has been notified by one …
Toyota’s Indian unit warns of a possible customer data breach Read More »
By Aditya Kalra and Munsif Vengattil NEW DELHI (Reuters) – Google has told a tribunal in India that the country’s antitrust investigators copied parts of a European ruling against the U.S. firm for abusing the market dominance of its Android operating system, arguing the decision be quashed, legal papers show. The Competition Commission of India …
Google alleges India antitrust body copied parts of EU order on Android abuse Read More »
By Aby Jose Koilparambil (Reuters) -Cineworld will focus on a sale of the group as a whole rather than individual assets, the British cinema operator said on Tuesday, sending the troubled company’s shares sharply lower. The world’s second-largest cinema group filed for U.S. bankruptcy protection in September to try to restructure its debt and strengthen …
Cineworld shares slide as it locks focus on group sale Read More »
By Karen Brettell NEW YORK (Reuters) – The greenback jumped on Tuesday before the Federal Reserve on Wednesday releases minutes from its December meeting, while the euro was dented by moderating inflation data. The U.S. central bank slowed its pace of interest rate hikes to 50 basis points last month after delivering four consecutive 75-basis …
BRUSSELS (Reuters) – The European Union has offered free COVID-19 vaccines to China, the EU executive said on Tuesday, as infections there surged following Beijing’s relaxation of its “zero-COVID” policies. China has not responded to the offer yet, a spokesperson for the European Commission told journalists at a regular briefing. He did not specify the …
EU offers China free vaccines as COVID-19 infections surge Read More »
