By Benjamin Kellerman and Alicia Powell NEW YORK (Reuters) – Tesla Inc Chief Executive Elon Musk said on Monday he wants to expand the reach of Twitter beyond the current “niche” until most Americans use the social media platform. Musk has signed a deal to buy Twitter for $44 billion, raising questions among employees and …
Musk says he wants to boost Twitter use from ‘niche’ to most Americans Read More »
BANGKOK (Reuters) – Thailand’s cabinet on Tuesday approved new measures to boost imports of animal feed for a three-month period to ease a shortage following the disruption caused by Russia’s invasion of Ukraine, a government spokesman told a news briefing. The measures, proposed on Monday by the commerce ministry, were for up to 1.2 million …
Thai cabinet approves imports of animal feed over shortage Read More »
By Joyce Lee SEOUL (Reuters) – A South Korean ministerial nominee said on Tuesday he would try to prevent problems arising from a legislative push to make such global content providers as Netflix and Alphabet’s Google pay local network fees. Lee Jong-ho, nominated to become minister of science and of information and communication technology, did …
S.Korea minister nominee opposes “problems” from network fee push on Google, Netflix Read More »
By Elaine Lies and Akiko Okamoto TOKYO (Reuters) – Ryu Ishihara will soon be raising prices on his inexpensive bowls of soba noodles for the first time in nearly a decade, as rising costs and Russia’s invasion of Ukraine take an unlikely toll on Japan’s beloved buckwheat noodles. Though seen as one of the most …
Japan’s low-cost soul food noodles may become casualty of Ukraine war Read More »
By Karen Brettell NEW YORK (Reuters) – The dollar held just below a 20-year high against a basket of currencies on Monday before an expected Federal Reserve rate hike this week, with traders focused on the potential for the U.S. central bank to adopt an even more hawkish tone than many expect. The Fed has …
Dollar approaches 20-year highs, Fed meeting in focus Read More »
By Allison Lampert and Rajesh Kumar Singh (Reuters) -Guy Stockbridge runs multiple businesses from his headquarters in central California, including landscape companies that ripple across his home state and a utility solar business with operations in 17 states. Flying is a way of life for Stockbridge and others at his company, Elite Team Offices, based …
The New Jet Set: How the COVID-driven boom in private jets is still flying high Read More »
By Stephen Culp NEW YORK (Reuters) – Wall Street ended a volatile trading day higher on Monday and benchmark U.S. Treasury yields breached the 3% mark as investors braced for a widely anticipated U.S. Federal Reserve interest rate hike. All three major U.S. stock indexes gyrated between positive and negative territory throughout the session, and …
U.S. stocks gain in seesaw session, benchmark Treasury yield hits 3% ahead of Fed Read More »
By Laura Sanicola NEW YORK (Reuters) – Oil prices reversed course to settle in positive territory on Monday on a rally in the diesel market and fears that supply might be crimped by a potential European Union ban on Russian crude. Brent crude futures gained 44 cents, or 0.4%, to settle at $107.58 a barrel, …
Oil settles up on distillate strength, supply concerns Read More »
(Reuters) – The Singaporean shopping app Shopee, owned by Sea Ltd, received authorization on Monday from Brazil’s central bank to operate as a payment institution, according to a notice in the government’s official gazette. SHPP Brasil Payment Institution and Payment Services Ltda, controlled by SHPP Brasil Participaçoes Ltda, will be able to “manage prepaid payment accounts, …
Singapore’s Shopee authorized to operate as payment institution in Brazil Read More »
SHANGHAI (Reuters) – The Chinese social media accounts of an outspoken Hong Kong-based market strategist were suspended after a series of downbeat commentaries and a slump in mainland equities to two-year lows on COVID-19 lockdowns and global political tensions. All content on the WeChat account of Hong Hao, who is head of research at Bocom …
Outspoken market analyst’s Chinese social media accounts suspended Read More »
