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[...]
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January 3, 2023
Bahamas regulator sticks to estimate of FTX assets
(Reuters) – The Securities Commission of the Bahamas (SCB) rebuffed on Monday FTX’s claims about the digital assets of its Bahamas unit held by the regulator, saying the debtors of the ban[...]
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JPMorgan, Deutsche Bank seek dismissal of lawsuits by Jeffrey Epstein accusers
By Jonathan Stempel NEW YORK (Reuters) -JPMorgan Chase & Co and Deutsche Bank AG asked a U.S. judge to dismiss lawsuits by women who accused Jeffrey Epstein of sexual abuse, and said the banks ena[...]
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European shares rise on Big Pharma boost, German inflation slows
By Bansari Mayur Kamdar and Shreyashi Sanyal (Reuters) -European shares rose on Tuesday, with large-cap pharmaceutical companies boosting the main STOXX 600 index, while the region’s largest eco[...]
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Southwest Airlines is sued for not providing refunds after meltdown
By Jonathan Stempel NEW YORK (Reuters) -Southwest Airlines has been sued by a passenger who said it failed to provide refunds to passengers left stranded when an operational meltdown led the carrier t[...]
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U.S. construction spending rebounds in November
WASHINGTON (Reuters) – U.S. construction spending unexpectedly rebounded in November, lifted by gains in nonresidential structures, but single-family homebuilding continued to be hammered by hig[...]
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Tesla deliveries miss estimates due to logistical issues, slowing demand
By Akash Sriram and Baranjot Kaur (Reuters) -Tesla Inc said quarterly deliveries fell short of market estimates on Monday, held back by ongoing logistical issues and growing demand concerns that round[...]
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Hyundai Motor, Kia expect auto sales to jump nearly 10% in 2023
By Heekyong Yang and Hyunsu Yim SEOUL (Reuters) -South Korea’s Hyundai Motor Co and affiliate Kia Corp forecast on Tuesday that their combined global sales will jump nearly 10% in 2023, even as[...]
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Canada factory sector posts longest slowdown in 7 years
TORONTO (Reuters) – Canadian manufacturing activity contracted at a slightly faster rate in December as an uncertain economic outlook and high inflation undercut demand, while the recent trend o[...]
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