By Herbert Lash and Marc Jones NEW YORK/LONDON (Reuters) – The dollar rose and equity markets slid on Thursday after hawkish remarks from Federal Reserve officials reminded investors a less aggr[...]
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Gap beats quarterly estimates on steady demand for formal clothing
By Granth Vanaik and Ananya Mariam Rajesh (Reuters) -Gap Inc beat Wall Street estimates for quarterly sales and profit on Thursday, helped by steady demand from affluent consumers for its formal cloth[...]
Read moreFactbox-FTX’s new CEO assesses the exchange’s failings
By Tom Hals (Reuters) – John J. Ray III, the new chief executive of bankrupt cryptocurrency exchange FTX, on Thursday laid out his assessment of the failures that led to the biggest collapse in[...]
Read moreMark Cuban-backed fintech Dave says no customers exposed to FTX
By Saeed Azhar and Manya Saini NEW YORK (Reuters) -Entrepreneur Mark Cuban-backed Dave Inc said on Thursday none of its customers were exposed to FTX and it has not launched any products in partnershi[...]
Read moreTSX falls to 9-day low as commodity prices slide
By Fergal Smith TORONTO (Reuters) – Canada’s main stock index fell on Thursday to its lowest closing level in nine days, tracking weakness in oil and metal prices as investors worried abou[...]
Read moreDollar rises with bets on hawkish Fed; sterling drops
By Sinéad Carew and Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar rose on Thursday as U.S. Treasury yields increased and investors eyed hawkish comments from Federal Reserve officials[...]
Read moreExclusive-Mexico’s Pemex risks fines rather than fix violations -sources
By Stefanie Eschenbacher and Ana Isabel Martinez MEXICO CITY (Reuters) – Under pressure to increase production, Mexico’s state oil company Pemex has risked fines for violations that cause[...]
Read moreEnvironmental group alleges carmakers, Bosch deliberately manipulated emissions
By Rachel More BERLIN (Reuters) -Germany’s top four carmakers and parts supplier Bosch knowingly broke rules when developing a type of emissions software, an environmentalist group said on Thurs[...]
Read moreStarbucks U.S. workers at 100 stores hold one-day walkout
By Hilary Russ NEW YORK (Reuters) -Workers at more than 100 U.S. company-owned Starbucks locations are striking for one day on Thursday to protest what they say is illegal retaliation against their un[...]
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