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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December 31, 2022
Zenseact becomes fully owned subsidiary of Volvo Cars
(Reuters) -Sweden-based Volvo Car AB said on Saturday it had taken 100% ownership of its autonomous driving (AD) software development subsidiary Zenseact. Volvo Cars acquired 13.5% of shares in Zensea[...]
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Chinese manufacturing contracts sharply as COVID infections soar
BEIJING (Reuters) -China’s factory activity shrank at the sharpest pace since the pandemic first emerged nearly three years ago, after Beijing’s abrupt reversal of counter-epidemic measure[...]
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Taiwan to plough $12 billion in excess tax revenue back into economy in 2023
TAIPEI (Reuters) – Taiwan will plough an extra T$380 billion ($12.43 billion) in tax revenue back into the economy in 2023 to help protect the island from global economic shocks, including subsi[...]
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ECB must stop quick wage growth from fuelling inflation, Lagarde says
FRANKFURT (Reuters) – Euro zone wages are growing quicker than earlier thought and the European Central Bank must prevent this from adding to already high inflation, ECB President Christine Laga[...]
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BOJ considering raising inflation forecasts to near 2% target -Nikkei
(Reuters) -The Bank of Japan (BOJ) is considering raising its inflation forecasts in January to show price growth close to its 2% target in fiscal 2023 and 2024, Nikkei reported on Saturday. The BOJ j[...]
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Analysis-Citgo may face new upheaval under Venezuela’s political changes
By Marianna Parraga HOUSTON (Reuters) – Oil refiner Citgo Petroleum could face supervisory board shakeups leading to a review of its plans following Friday’s vote by Venezuela’s oppo[...]
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FTX says Bahamas regulators hold $296 million, not $3.5 billion of company’s assets
By Dietrich Knauth (Reuters) -FTX on Friday disputed claims by the Securities Commission of the Bahamas (SCB) that the regulator was holding $3.5 billion of the bankrupt cryptocurrency exchange’[...]
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U.S. judge orders Norwegian Cruise Line to pay $110 million for use of Cuba port
By Brian Ellsworth MIAMI (Reuters) – Norwegian Cruise Line must pay $110 million in damages for use of a port that Cuba’s government confiscated in 1960, a U.S. judge ruled on Friday, a mi[...]
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