By Herbert Lash NEW YORK (Reuters) -The dollar rose sharply on Thursday after U.S. consumer prices rose more than expected in September, lifted by an elevated cost of rent that raised the prospect of[...]
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October 12, 2023
Oil reverses gains after US posts large crude build
By Stephanie Kelly NEW YORK (Reuters) -Oil prices reversed early gains on Thursday in a volatile session, after a large build in U.S. crude stockpiles outweighed expectations that U.S. interest rates[...]
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US proposes $270,000 fine for joint venture GM battery plant
By David Shepardson WASHINGTON (Reuters) -U.S. investigators on Thursday proposed $270,000 in fines for a General Motors and LG Energy Solution joint venture battery plant in Ohio for safety and healt[...]
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Birkenstock’s stock loses footing in second day on Wall Street
(Reuters) – Shares of Birkenstock dropped 6% on Thursday, deepening losses after the German luxury sandal seller stumbled the day before in its Wall Street debut. In its first session on Wall St[...]
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IMF, World Bank see progress on debt relief as Zambia poised to sign deal
By Andrea Shalal, Rachel Savage and Jorgelina do Rosario MARRAKECH, Morocco (Reuters) -The International Monetary Fund on Thursday hailed progress on a long-awaited memorandum on Zambia’s debt r[...]
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Lufthansa extends flight stop to Israel until Oct 22
FRANKFURT (Reuters) – Lufthansa on Thursday extended its suspension of flights to Israel until Oct. 22 over security concerns, the company said. The airlines of the Lufthansa group, which apart[...]
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JPMorgan chief Dimon warns of ‘ripple effects’ from Middle East violence
(Reuters) – The conflict in the Middle East will have “ripple effects that extend far beyond the region”, JPMorgan Chase’s CEO Jamie Dimon warned in an internal memo to employe[...]
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Qatar World Cup construction workers sue US firm for labor trafficking
By Daniel Wiessner (Reuters) – Dozens of Filipino workers who helped build stadiums that hosted the 2022 FIFA World Cup in Qatar filed a lawsuit on Thursday claiming U.S. construction firm Jacob[...]
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Tesla to offer German workers pay rise this year
BERLIN (Reuters) – Tesla said on Thursday it will offer a pay rise to workers at its German plant, where unions have said they earn below the industry average. The U.S. electric vehicle maker sa[...]
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