By Casey Hall SHANGHAI (Reuters) – Louis Vuitton on Friday announced plans to open a dedicated furniture and homewares store in Shanghai, a world first for the French luxury brand as it aims to[...]
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November 25, 2022
Nasdaq ends down as investors eye Black Friday sales, China infections
By Carolina Mandl and Ankika Biswas (Reuters) – The Nasdaq closed lower on Friday with pressure from Apple Inc in a subdued holiday-shortened trading session for Wall Street, as investors watche[...]
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Crypto lender Genesis subject of probe by regulators – Barron’s
(Reuters) – State securities regulators are investigating Genesis Global Capital as part of a wide-ranging inquiry into the interconnectedness of crypto firms, Barron’s reported on Friday[...]
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Ahead of November FOMC, big banks saw 4.875% peak Fed rate target
By Michael S. Derby (Reuters) – Wall Street’s biggest banks told the Federal Reserve ahead of its November policy meeting that they had increased their estimation of how far the central bank wou[...]
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Elon Musk says Twitter’s verified service with colors to start next week
(Reuters) -Twitter Inc is planning to roll out its verified service next Friday with different colored checks for individuals, companies and governments, after a botched initial launch led to a surge[...]
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Amazon settlement with EU antitrust regulators possible by year end -sources
By Foo Yun Chee BRUSSELS (Reuters) -U.S. online retail giant Amazon may be able to end two EU antitrust investigations by the end of the year after tweaking concessions to address concerns over its us[...]
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Ivory Coast completes second shipping container terminal
By Loucoumane Coulibaly ABIDJAN (Reuters) – Ivory Coast has completed construction of a second container terminal at its main port in Abidjan, paving the way for it to become a regional shipping[...]
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Muted Black Friday for U.S. retail stocks as holiday shopping kicks off
By David Randall NEW YORK (Reuters) -U.S. retail stocks held steady on Friday as investors watched holiday spending to gauge consumer confidence at a time when inflation and rising interest rates are[...]
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Factbox-What European companies are doing as workers face high inflation
(Reuters) -Companies across Europe are offering one-off bonuses and renegotiating wages as surging inflation raises food and energy bills for staff over the winter. Here are some examples by sector: A[...]
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