(Reuters) – Restaurateur Anton Pinskiy paid around 500 million roubles ($6 million) for assets formerly licensed by Starbucks in Russia, he told the TASS news agency, shedding new light on one o[...]
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June 13, 2023
Bahamas court boosts Bankman-Fried’s challenge to post-extradition charges
By Luc Cohen NEW YORK (Reuters) -A Bahamas court on Tuesday temporarily barred the country’s government from agreeing to let U.S. prosecutors pursue part of their criminal case against Sam Bankm[...]
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Dollar skids to three-week low as US inflation data reinforces Fed pause view
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar dropped to a three-week low on Tuesday on news of the smallest annual increase in inflation last month in more than two years, cementi[...]
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Stocks jump, dollar eases as inflation data suggests Fed pause
By Herbert Lash NEW YORK (Reuters) – Global shares rallied and the dollar eased on Tuesday after U.S. consumer price data showed inflation barely rose in May, increasing expectations the Federal[...]
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US bank shares rise on inflation data, positive Wells Fargo comments
By Manya Saini and Chibuike Oguh (Reuters) -Shares of U.S. banks rose on Tuesday after a smaller-than-expected rise in inflation data indicated that the Federal Reserve is likely to keep interest rate[...]
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Bunge, Viterra will merge to form $34 billion agri-trading powerhouse
By Karl Plume and Anirban Sen CHICAGO (Reuters) -U.S. grains merchant Bunge and Glencore-backed Viterra are merging to create an agricultural trading giant worth about $34 billion including debt, the[...]
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Oil prices settle more than 3% higher after China rate cut
By Stephanie Kelly NEW YORK (Reuters) -Oil prices climbed over 3% on Tuesday on hopes for growing fuel demand after China’s central bank lowered a short-term lending rate for the first time in 1[...]
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Stellantis says it is evaluating Tesla’s charging standard
By Joseph White and Norihiko Shirouzu DETROIT/AUSTIN, Texas (Reuters) -Automaker Stellantis said on Tuesday that it continues to evaluate Tesla’s charging standard after Ford Motor Co and Genera[...]
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Tyson Foods to lay off 228 employees near Chicago who decline move to Arkansas
CHICAGO (Reuters) – Tyson Foods, which is seeking to cut costs, will lay off 228 corporate employees in Illinois who declined to relocate to the meatpacker’s Arkansas headquarters, the com[...]
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