By Laura Sanicola (Reuters) -Oil prices settled higher on Tuesday in choppy trading after China posted weak but expectation-beating annual economic growth data and on hopes that a recent shift in its[...]
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January 17, 2023
Goldman misses profit estimates as dealmaking slumps, consumer business hit
By Niket Nishant, Noor Zainab Hussain and Saeed Azhar (Reuters) – Goldman Sachs Group Inc on Tuesday reported a bigger-than-expected 69% drop in fourth-quarter profit as it struggled with a slum[...]
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New Zealand house prices continue to fall as interest rates hurt
WELLINGTON (Reuters) – New Zealand house prices fell in December on the prior month as interest rates rose and more difficulty accessing bank finance contributed to continued hesitancy in the ma[...]
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U.S. Supreme Court mulls Turkish lender Halkbank’s bid to avoid charges
By Andrew Chung and John Kruzel WASHINGTON (Reuters) -U.S. Supreme Court justices on Tuesday grappled with thorny questions of sovereign immunity as they weighed a bid by Turkey’s state-owned le[...]
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Intel is committed to Germany chip plant, working with government -exec
By Jane Lanhee Lee and Hakan Ersen HALF MOON BAY, Calif/FRANKFURT (Reuters) – U.S. chip giant Intel Corp is committed to building its chip fabrication plant, or fab, in Magdeburg, Germany and is[...]
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U.S. bank regulator weighing giving more insight into its supervisory process- acting head
(Reuters) – The U.S. Office of the Comptroller of the Currency (OCC) is weighing how it might provide more transparency into the escalation framework it uses to address supervisory concerns and[...]
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Soccer-INEOS confirms entering bidding process to buy Manchester United
By Manasi Pathak (Reuters) – Jim Ratcliffe’s company INEOS has formally entered the bidding process to buy Premier League soccer club Manchester United, a spokesperson for the chemical fir[...]
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Davos 2023: What you need to know about the WEF on Tuesday
By Kathryn Lurie DAVOS, Switzerland (Reuters) – The first day of official programming at the World Economic Forum’s (WEF) annual meeting kicked off on Tuesday with bold declarations by Eur[...]
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Apple rolls out Macbooks with new M2 chips in rare January launch
By Nivedita Balu (Reuters) – Apple Inc on Tuesday unveiled MacBooks powered by its new and faster M2 Pro and M2 Max chips in a surprise launch weeks ahead of its usual schedule. The roll-out of[...]
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