MADRID (Reuters) – A Spanish court has ruled that Amazon must compensate self-employed couriers who used their own vehicles for deliveries, a move welcomed by a labour union that has criticised[...]
Read more
February 3, 2023
Investor conviction continues for bonds, returns for equities – BofA
LONDON (Reuters) – Investors poured cash into bonds and stocks in the week to Wednesday, showing conviction in both asset classes, a report from BofA Global Research showed on Friday, while they[...]
Read more
Bosch says Chinese recovery is key to 2023
bsBERLIN/STUTTGART (Reuters) – German automotive supplier Bosch considers recovery in China as key to success this year, it said on Friday, steering clear of concrete forecasts despite reporting[...]
Read more
Explainer-From ‘loathsome’ to routine, Fed has a well-rehearsed debt-limit playbook
By Howard Schneider WASHINGTON (Reuters) – Federal Reserve Chair Jerome Powell was blunt this week when he said the central bank couldn’t shield the economy from the damage should the curr[...]
Read more
Marketmind: Runaway Tech arrested
A look at the day ahead in U.S. and global markets from Mike Dolan. The coast may be clearing on interest rates but a spluttering economy still has the power to check runaway stock markets. What inves[...]
Read more
Kering recruits Estee Lauder exec for push into cosmetics
By Mimosa Spencer PARIS (Reuters) – French luxury goods group Kering said on Friday it was entering the cosmetics business, with the announcement that it has recruited seasoned Estee Lauder exec[...]
Read more
Musk’s Starlink internet service to be offered in the Philippines in Q1
MANILA (Reuters) – Starlink, the satellite internet unit of Elon Musk’s SpaceX, is on track to enter the Philippine market this year, with its broadband service to be introduced within the[...]
Read more
ECB set to raise rates again in May, policymakers say
VILNIUS/PRAGUE (Reuters) – The European Central Bank is likely to raise interest rates again in May after an already signalled hike in March, two policymakers said on Friday, with one arguing th[...]
Read more
Tesla sales of China-made electric vehicles up 18% in January
BEIJING (Reuters) – Tesla Inc sold 66,051 China-made electric vehicles in January, data published by the China Passenger Car Association showed on Friday. That was up 18% from December, when the[...]
Read more