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19 Apr

Calling time on QE, central bank asset cull adds new market risks

(Reuters) -Major central banks, already plotting interest rate hikes in a fight against inflation, are also preparing a common pullback from key financial markets in a first-ever round of global "quantitative tightening" expected to restrict credit and add stress to an already-slowing world economy.

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19 Apr

Hasbro plans to further hike prices of toys, warns of $100 million Russia hit

Hasbro Inc said on Tuesday it would have to raise prices further to cope with soaring costs and warned of a potential revenue hit of about $100 million this year due to its decision to pause toy shipments to Russia.

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19 Apr

IMF official says split into competing systems would be 'disaster' for global economy

The world is on a path to a more multipolar world given the rise of emerging markets in the global economy, but it would be disastrous if the global economy fragmented into competing systems with different standards, a top IMF official said.

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19 Apr

Volkswagen-led consortium files for EU antitrust clearance in Europcar deal

A Volkswagen-led consortium that has made a bid to buy Europcar has filed for antitrust clearance with the European Commission, it said on Tuesday, confirming that it expects the deal to be completed by the end of June.

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19 Apr

Oil dips on demand concerns after IMF cuts growth outlook

LONDON (Reuters) -Oil prices fell in volatile trading on Tuesday on demand concerns after the International Monetary Fund (IMF) reduced its economic growth forecasts and warned of higher inflation.

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19 Apr

Twitter co-founder Dorsey takes aim at board in series of tweets

Twitter Inc co-founder Jack Dorsey took aim at the social media company's board in a series of tweets late on Monday as it weighs Elon Musk's $43 billion takeover offer.

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19 Apr

Mercadolibre, Brazilian airline Gol announce logistics partnership

Mercadolibre Inc and Brazilian airline Gol Linhas Aereas Inteligentes SA on Tuesday announced a 10-year logistics partnership for cargo transportation in the South American country.

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Latest Articles

  • China receives US equipment to make advanced chips despite new rules - report
  • China receives US equipment to make advanced chips despite new rules-report
  • U.S. Treasury yields have peaked, say strategists for fourth straight month: Reuters poll
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  • Post-strike Hollywood rushes to get film, TV sets humming

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