By Lucy Craymer WELLINGTON (Reuters) – New Zealand’s central bank is expected to deliver its biggest ever rate point hike this week as it continues efforts to temper inflation ahead of a t[...]
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Economy
‘It’s over’: Twitter France’s head quits amid layoffs
PARIS (Reuters) -Twitter Inc’s head of French operations, Damien Viel, said he was quitting the social media platform, whose new owner Elon Musk recently fired top executives and enforced steep[...]
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Global stocks, oil prices slip as rising COVID cases prompt Chinese lockdowns
By Chibuike Oguh NEW YORK (Reuters) -Global stocks and oil prices slipped on Monday as a spike in COVID-19 cases and newly recorded deaths in China prompted authorities in the world’s second-lar[...]
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IMF approves $88.3 million for Malawi under ‘food shock’ loan window
By David Lawder WASHINGTON (Reuters) – The International Monetary Fund said its executive board on Monday approved an $88.3 million disbursement to Malawi under the new “food shock window[...]
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Disney’s media sales boss to exit in Iger shake-up
(Reuters) -A day after returning to the company, Walt Disney Co Chief Executive Bob Iger moved to undo a corporate structure put in place by his hand-picked successor. In an email to employees on Mond[...]
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Analysis-China’s great reopening may come too late for many businesses
By Casey Hall and Sophie Yu SHANGHAI (Reuters) – The culinary tourism business of Brian Bergey and his wife Ruixi Hu has persevered in China through three years of harsh COVID-19 restrictions. B[...]
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Wall Street slips as concerns rise of stricter China COVID curbs
By Carolina Mandl (Reuters) – Wall Street’s main indexes ended Monday roughly down on fears that China could resume stricter measures to fight COVID-19 after it said it faces its most seve[...]
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Infinity Q founder, once claiming $3 billion assets, pleads guilty to fraud
By Jonathan Stempel and Jody Godoy NEW YORK (Reuters) – The founder of Infinity Q Capital Management, a New York firm accused of inflating assets by over $1 billion to collect more fees, pleaded[...]
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U.S. prosecutors opened probe of FTX months before its collapse – Bloomberg News
(Reuters) -Crypto exchange FTX was on the radar of federal prosecutors in Manhattan months before its collapse, Bloomberg News reported on Monday citing people familiar with the investigation. The U.S[...]
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