(Reuters) – U.S. total new vehicle retail sales are expected to decline in December as high vehicle prices and rising borrowing costs pushed consumers to cut back spending, a report from industr[...]
Read more
December 21, 2022
Video gamers sue Microsoft in U.S. court to stop Activision takeover
By Mike Scarcella (Reuters) -Microsoft Corp was hit on Tuesday in U.S. court with a private consumer lawsuit claiming the technology company’s $69 billion bid to purchase “Call of Duty[...]
Read more
Putin oversees launch of Siberian gas field feeding pipeline to China
(Reuters) – Russian President Vladimir Putin presided over the launch of a major new Siberian gas field on Wednesday to help drive a planned surge in supply to China. The Kovykta gas field will[...]
Read more
Nike beats estimates boosted by discounts, promotions; shares surge
By Ananya Mariam Rajesh (Reuters) -Nike Inc reported its best quarterly revenue growth in more than a decade barring one quarter and handily beat profit expectations on Tuesday, as North American shop[...]
Read more
Elon Musk, ‘Chief Twit’
By Kenneth Li How easy was it to forget the rocket-launching, swashbuckling billionaire inspiration for the superhero “Iron Man” held more than one job this year: the self-anointed role of “Chief Twit[...]
Read more
Israeli startup makes inroads with personal flying vehicle
Beersheva, Israel (Reuters) – An Israeli-made electric vehicle designed to fly commuters on short trips far above streets overcrowded with cars has made its maiden unmanned flight, a milestone t[...]
Read more
Kirin seeks more North American craft beer factories after strong growth
By Miho Uranaka TOKYO (Reuters) – Kirin Holdings, Japan’s second-largest brewer by sales, is looking to buy factory facilities in North America to maintain strong growth in the region[...]
Read more
Indonesia confirms bauxite export ban to proceed as scheduled
By Fransiska Nangoy and Bernadette Christina JAKARTA (Reuters) – Indonesian President Joko Widodo on Wednesday confirmed an export ban for bauxite starting in June next year as scheduled, to enc[...]
Read more
Analysis-Kuroda’s abrupt policy tweak opens door for bigger shift next year
By Leika Kihara TOKYO (Reuters) – The Bank of Japan’s surprise decision to loosen the grip on its yield cap marks the beginning of an end to Governor Haruhiko Kuroda’s controversial[...]
Read more