By Granth Vanaik and Tom Polansek (Reuters) -Tyson Foods on Monday forecast revenue for its next fiscal year below Wall…
Category: Uncategorized
Volkswagen to cut administrative personnel costs 20% in savings drive -Handelsblatt
BERLIN (Reuters) -Volkswagen plans to cut administrative personnel costs by a fifth as part of a cost-cutting package to save…
Google-parent Alphabet dissolves stake in trading app Robinhood
(Reuters) -Google-parent Alphabet said on Monday it had dissolved its stake in trading app operator Robinhood Markets. The disclosure comes…
Biden will push China to resume military ties with US, official says
WASHINGTON (Reuters) – U.S. President Joe Biden wants to re-establish military-to-military ties with China, White House national security adviser Jake…
Investors pull record sums from Saudi in Middle East fund flight
By Libby George and Bansari Mayur Kamdar LONDON (Reuters) -Foreign investors pulled a record amount of money from U.S. equity…
Film crews became ‘collateral damage’ of Hollywood strikes
By Andrew Hay ALBUQUERQUE, New Mexico (Reuters) – A Toronto production assistant whose income dried up because of Hollywood strikes…
Exclusive-Exxon aims to begin lithium production by 2026 in Arkansas -source
By Ernest Scheyder (Reuters) -Exxon Mobil is set to unveil its long-awaited lithium strategy on Monday with an announcement that…
Yellen to ‘intensify communication’ with China’s He, warns on Russia support
By David Lawder and Ann Saphir SAN FRANCISCO (Reuters) -U.S. Treasury Secretary Janet Yellen said on Friday that she agreed…
Biden to meet Xi on Wednesday in San Francisco Bay area, U.S. says
By Trevor Hunnicutt WASHINGTON (Reuters) -President Joe Biden will meet Chinese President Xi Jinping face-to-face for the first time in…
Hedge funds short US financial stocks at near record levels -Goldman Sachs
By Carolina Mandl NEW YORK (Reuters) – Global hedge funds built bearish positions this week to the highest level in…