By Shariq Khan BENGALURU (Reuters) – Oil prices fell by $2 per barrel to their lowest in two weeks on Wednesday, as investors became more concerned that recent data will prompt more aggressive i[...]
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February 22, 2023
U.S. dollar strengthens as Fed minutes signal higher rates
By Laura Matthews NEW YORK (Reuters) – The dollar strengthened on Wednesday after U.S. Federal Reserve meeting minutes showed policymakers are determined to use a slower pace of interest-rate hi[...]
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South Korea’s producer price inflation slows to near 2-year low
SEOUL (Reuters) – South Korea’s producer price inflation slowed for a seventh straight month to its lowest in 22 months, central bank data showed on Thursday. The producer price index rose[...]
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Fed minutes show officials mulled financial stability risk amid aggressive hikes
By Michael S. Derby WASHINGTON (Reuters) -At their last monetary policy meeting, Federal Reserve officials mulled financial stability risks that existed in part due to their aggressive campaign of rat[...]
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EBay forecasts first-quarter revenue above estimates
(Reuters) -Ecommerce company EBay Inc on Wednesday forecast first-quarter revenue above Wall Street estimates on hopes that cost-conscious shoppers would be attracted towards its used and refurbished[...]
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U.S. labor board limits gag clauses in severance agreements
By Daniel Wiessner The National Labor Relations Board has ruled that laid-off workers cannot be required to sign agreements that contain confidentiality clauses and other provisions that could deter t[...]
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Toyota accepts union demands for biggest wage hike in two decades
By Maki Shiraki and Eimi Yamamitsu TOKYO (Reuters) -Toyota Motor Corp, the world’s biggest automaker, said on Wednesday it would accept a union demand for the biggest base salary increase in 20[...]
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Paxos in talks with U.S. SEC over Binance stablecoin- internal email
By Hannah Lang (Reuters) -The firm behind Binance’s stablecoin, Paxos Trust Company, is in discussions with the U.S. Securities and Exchange Commission after the regulator told the company it sh[...]
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Air New Zealand optimistic on demand rise; flags macro, inflation risks
By Archishma Iyer (Reuters) -Air New Zealand Ltd on Thursday struck an optimistic tone over travel demand for the remaining fiscal 2023, while noting significant uncertainty over inflationary pressure[...]
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