By Kannaki Deka (Reuters) – WeWork Inc on Thursday forecast lower-than-expected revenue for the current quarter, signaling that its business of providing flexible workspace was feeling the heat[...]
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Newsletter
Tesla to Halt Some China Production for Upgrades – Bloomberg News
(Reuters) – Tesla Inc will suspend some production until the end of February as the electric-vehicle maker upgrades the facility to make a refreshed version of the Model 3 compact sedan, Bloombe[...]
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Judge tightens Sam Bankman-Fried’s bail, sets hearing
By Abinaya V, Shubham Kalia and Jonathan Stempel NEW YORK (Reuters) -A federal judge on Tuesday ordered Sam Bankman-Fried not to use a virtual private network to access the internet, after prosecutors[...]
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‘Day of pain’: Wirecard boss denies charges in massive fraud trial
By Jörn Poltz MUNICH (Reuters) -Wirecard’s former boss on Monday denied all wrongdoing over the collapse of the payments company as he took to the stand for the first time in Germany’s big[...]
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UK Consumer Sentiment Jumps in January: Yougov/Cebr Survey
LONDON (Reuters) -British households’ expectations for their personal finances over the next 12 months recorded a record jump in January as wholesale gas prices fell, according to a monthly surv[...]
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PepsiCo says no more price hikes after better-than-expected quarterly results
By Ananya Mariam Rajesh (Reuters) -PepsiCo Inc said on Thursday it will not raise prices of its sodas and snacks further after multiple rounds of price hikes last year helped the beverage giant post f[...]
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New York Times earnings boosted by digital bundling push
By Samrhitha A (Reuters) – The New York Times Co beat Wall Street estimates for quarterly earnings on Wednesday as more people signed up for its digital subscription bundles, offsetting a slowdo[...]
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Stocks rise, dollar slips on Powell comments seen as dovish
By Herbert Lash and Marc Jones NEW YORK/LONDON (Reuters) – Global equities rose and the dollar fell on Tuesday, reversing earlier moves, as the market perceived comments by the Federal Reserve c[...]
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BOE and Treasury Think UK Is ‘Likely’ to Need Digital Currency – Telegraph
LONDON (Reuters) -The Bank of England (BoE) and Britain’s finance ministry think the UK is likely to need to create a central bank digital currency (CBDC) later this decade, the Telegraph newspa[...]
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