By Mica Rosenberg, Kristina Cooke and Joshua Schneyer NEW YORK (Reuters) -Thirty-three members of Congress are urging the U.S. Labor Secretary to seek strong and swift penalties against those responsi[...]
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February 10, 2023
ECB must keep raising rate despite public sacrifice, Vujcic says
By Balazs Koranyi ZAGREB (Reuters) – The European Central Bank needs to keep raising rates beyond March and must hold them at high levels for a while even as inflation falls and this “sacr[...]
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Investor Gerber to run for Tesla board, cites PR and service issues
By Ross Kerber (Reuters) – Well-known Tesla Inc investor Ross Gerber said on Friday he plans to notify the electric carmaker that he will run for its board of directors, citing problems with its[...]
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BOJ’s deputy governor Amamiya sees no imminent need to tweak YCC
By Leika Kihara TOKYO (Reuters) – Bank of Japan (BOJ) Deputy Governor Masayoshi Amamiya, who is seen as a top contender to become next central bank chief, said on Friday he saw no imminent need[...]
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Revisions show U.S. consumer prices a bit firmer than previously reported
By Lucia Mutikani WASHINGTON (Reuters) – U.S. monthly consumer prices rose in December instead of falling as previously estimated and data for the prior two months was also revised up, which som[...]
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Exclusive-Indian regulator probes Adani’s links to investors as Modi’s office is briefed
By Jayshree P Upadhyay, Sarita Chaganti Singh and Devjyot Ghoshal MUMBAI/NEW DELHI (Reuters) -India’s market regulator is investigating Adani Group’s links to some of the investors in the[...]
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Ford cuts Rivian stake to about 1%
(Reuters) -Ford Motor Co has cut its stake in Rivian Automotive Inc to 1.15%, as part of a plan to scale down its holdings in the electric-vehicle maker. Ford, which wrote down the value of its Rivian[...]
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Explainer-What is ‘staking,’ the cryptocurrency practice in regulators’ crosshairs?
By Hannah Lang and Elizabeth Howcroft (Reuters) – Crypto companies offering their customers eye-popping yields through so-called “staking” products are earning the ire of the U.S. se[...]
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Zara owner Inditex’s 20% Spanish staff pay hike hits shares
By Corina Pons MADRID (Reuters) -Inditex’s shares slid on Friday after the world’s biggest fast fashion retailer agreed an inflation-beating 20% rise in average wages for shop workers in t[...]
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