By Elisa Anzolin and Federico Maccioni MILAN (Reuters) -Italy’s EuroGroup Laminations, a maker of electric motor components, said on Thursday it planned to launch a new share offering in Milan as early as next month, as the market for public listings thaws after a tough 2022. Market volatility fuelled by Russia’s invasion of Ukraine and …
EuroGroup Laminations aims to rekindle Milan IPO market Read More »
(Reuters) – WeWork Inc said on Thursday it plans to cut about 300 roles across countries to cut costs as high inflation weighs on office workspace spending. The New York-based company, which offers workstations, private offices and customized floors, had enjoyed a pandemic-driven shift to flexible work outside traditional offices. But with companies cutting their …
(Reuters) – JPMorgan Chase & Co Chief Executive Officer Jamie Dimon expects interest rates to go beyond 5% as inflation remains high, he said in an interview with CNBC on Thursday. “I actually think rates are probably going to go higher than 5% … there’s a lot of underlying inflation, which won’t go away so …
JPMorgan CEO Dimon sees interest rates going beyond 5% – CNBC Read More »
By Jonathan Stempel (Reuters) – The maker of Pyrex kitchenware agreed to pay a fine and change its marketing practices to settle U.S. claims that it falsely advertised its popular glass measuring cups as “Made in USA” while importing some of them from China. Instant Brands LLC did not admit or deny wrongdoing in Wednesday’s …
Pyrex maker settles over false ‘Made in USA’ claims Read More »
By Helen Coster and Jack Queen (Reuters) – Fox Corp Chairman Rupert Murdoch is expected to be questioned under oath on Thursday and Friday in a defamation lawsuit over his network’s coverage of unfounded vote-rigging claims during the 2020 U.S. presidential election. Election technology company Dominion Voting Systems says Fox News Network amplified false claims …
Fox chief Rupert Murdoch to be deposed in $1.6 billion Dominion defamation case Read More »
A look at the day ahead in U.S. and global markets from Mike Dolan. World markets have been spooked by the prospect the U.S. may be heading for recession after all but the Federal Reserve may not ride to the rescue – at least not as fast as many assume. Further signs of sharp disinflation …
By Joseph Ax (Reuters) – With the 2022 U.S. midterms over, this year will feature some elections that take the measure of the public mood on major issues – and former President Donald Trump’s influence – ahead of the 2024 presidential campaign. Here are some races to watch: GOVERNORS Perhaps the highest-profile election this year …
By Jason Lange WASHINGTON (Reuters) – U.S. President Joe Biden’s public approval rating was close to the lowest level of his presidency this week amid criticism from Republicans over classified documents found in his home in recent months, according to a new Reuters/Ipsos poll. The three-day national poll, which closed on Sunday, showed 40% of …
Biden’s approval at 40%, near lowest of his presidency – Reuters/Ipsos poll Read More »
By Lizbeth Diaz and Jose Luis Gonzalez CIUDAD JUAREZ/MEXICO CITY (Reuters) – Migrants on Mexico’s northern border on Wednesday began entering the United States using a mobile app designed to facilitate the process of applying for asylum, although several quickly reported difficulties in using the system. This month, the Biden administration said it would broaden …
First migrants cross into U.S. from Mexico using mobile app Read More »
MOSCOW (Reuters) -Russia has opened a criminal case against a United States citizen on suspicion of espionage, its Federal Security Service (FSB) said on Thursday. The FSB did not name the person or provide any other details, nor did it say whether the suspect had been arrested. “The Federal Security Service of the Russian Federation …
Russia’s FSB spy agency opens espionage case against U.S. citizen Read More »
