By John Revill ZURICH (Reuters) -A parliamentary investigation into the collapse of Credit Suisse will keep its files closed for 50 years, according to a parliamentary committee document, a level of s[...]
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Business
Australia expects unemployment rate to rise as global economy slows
SYDNEY (Reuters) – Australian Treasurer Jim Chalmers said on Sunday that he expected the nation’s jobless rate to lift from near a 48-year low on the back of higher interest rates and slow[...]
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China economic data likely to show recovery is fading quickly
BEIJING (Reuters) – A flurry of economic data from China on Monday is expected to show its post-pandemic bounce is quickly fizzling out, raising expectations that Beijing needs to unveil more st[...]
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Tesla builds first Cybertruck after two years of delays
(Reuters) – Tesla built its first Cybertruck at the electric-vehicle marker’s plant in Austin, Texas, the company said in a tweet on Saturday, after two years of delays. Tesla founder Elon[...]
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U.S. appeals court refuses FTC request to pause Microsoft deal for Activision
(Reuters) -A U.S. appeals court on Friday rejected the Federal Trade Commission’s request to pause Microsoft’s $69 billion purchase of “Call of Duty” maker Activision Blizzard.[...]
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Toshiba, General Electric to build offshore wind equipment supply chain in Japan-Nikkei
TOKYO (Reuters) – Japan’s Toshiba plans to establish a domestic supply chain for offshore wind power equipment together with U.S. manufacturer General Electric, Nikkei reported on Saturday[...]
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Fire breaks out at Dow Louisiana facility
(Reuters) – A fire broke out at Dow’s Plaquemine chemical facility in Louisiana, the U.S. chemical maker said in a statement late on Friday. Everyone at the facility was accounted for and[...]
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Exclusive-US chip CEOs plan Washington trip to talk China policy – sources
By Stephen Nellis, Andrea Shalal and Karen Freifeld (Reuters) – The chief executives of Intel Corp and Qualcomm Inc are planning to visit Washington next week to discuss China policy, according[...]
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US FTC seeks additional info on Pfizer’s proposed takeover of Seagen
(Reuters) -The US Federal Trade Commission (FTC) has sought additional information and documentary material related to Pfizer’s proposed acquisition of Seagen Inc, Seagen said on Friday. The ant[...]
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