By Chuck Mikolajczak NEW YORK (Reuters) – The yen strengthened sharply against the dollar on Monday in the wake of comments from Bank of Japan (BOJ) Governor Kazuo Ueda that heightened expectati[...]
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September 11, 2023
Alexander McQueen’s creative director Burton to leave
By Mimosa Spencer PARIS (Reuters) -Alexander McQueen creative director Sarah Burton will leave the Kering-owned fashion label after two decades, the latest in a series of management changes at the Fre[...]
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China’s economic headwinds could hit region, US Treasury deputy says
WASHINGTON (Reuters) -China’s economic problems are more likely to affect the region than the United States, U.S. Deputy Treasury Secretary Wally Adeyemo said on Monday, a day after President Jo[...]
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Bond strategists stand ground, say U.S. Treasury yields have peaked: Reuters poll
By Sarupya Ganguly BENGALURU (Reuters) – The benchmark U.S. 10-year Treasury note yield has peaked in the current cycle, according to a majority of bond strategists polled by Reuters, although m[...]
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AstraZeneca seeks to calm CEO speculation after shares drop
By Maggie Fick LONDON (Reuters) -AstraZeneca appeared to play down speculation about the future of its CEO after its shares fell more than 4% on Monday following a British tabloid report that Pascal S[...]
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Ripe for change? Activist investors eye food, consumer goods firms
LONDON (Reuters) – In early 2021, investment management firm Artisan Partners sent an open letter to an incoming member of Danone’s board, saying it had built a stake of more than 3% in th[...]
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Global companies to hike security spending as threats rise – survey
By Kate Holton LONDON (Reuters) – Almost half of security chiefs at the world’s biggest companies expect to increase their budgets significantly in the next year as they see economic and s[...]
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Alibaba stock slides after ex-CEO abruptly quits cloud unit ahead of IPO
By Josh Ye and Donny Kwok HONG KONG (Reuters) -Alibaba’s stock lost more than 4% in Hong Kong on Monday after ex-group CEO Daniel Zhang quit just two months after concentrating his focus on clou[...]
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Argentina August inflation forecast at highest since 1991
By Hernan Nessi BUENOS AIRES (Reuters) – Argentina’s Consumer Price Index (CPI) likely rose 11.8% in August, which would be the highest monthly figure since 1991, according to a Reuters po[...]
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