Crack in US dollar strength to spread as economy slows: Reuters poll

The dollar's recent weakness will linger for the rest of the year, according to a majority of FX strategists in a Reuters poll, who also said economic data will be the primary influencer of major currencies for the rest of 2023.

newspaper

07-11-2023

Nike sues New Balance, Skechers for patent infringement over sneaker technology

(Reuters) -Footwear giant Nike filed federal lawsuits on Monday against rivals New Balance and Skechers, accusing them of infringing patents related to Nike's technology for making upper portions of sneakers.

newspaper

07-11-2023

China's trade slump likely eased further in October: Reuters poll

China's exports likely fell more slowly for a third consecutive month in October, a Reuters poll showed, adding to signs that the economy is stabilising even if the trade performance remains weaker than it was before Beijing removed anti-COVID curbs.

newspaper

06-11-2023

China pledges to expand market access at annual trade fair amid foreign criticism

SHANGHAI, China (Reuters) -China will further expand market access and increase imports, its premier told a trade fair in Shanghai on Sunday, amid criticism from European firms who said they wanted to see more tangible improvement in the country's business environment.

newspaper

05-11-2023

Weak auto production drives down 2024 platinum, palladium forecasts - Reuters poll

Analysts and traders have lowered their price forecasts for platinum and palladium in 2024 due to weak auto production and concerns about a global economic slowdown, a Reuters poll showed on Wednesday.

newspaper

01-11-2023

Facebook owner Meta faces EU ban on targeted advertising

OSLO (Reuters) -The European data regulator has agreed to extend a ban imposed by non-EU member Norway on "behavioural advertising" on Facebook and Instagram to cover all 30 countries in the European Union and the European Economic Area, it said on Wednesday.

newspaper

01-11-2023

Facebook owner faces EU ban on targeted advertising, Norway says

The European data regulator has agreed to extend a ban on "behavioural advertising" on Facebook and Instagram to cover all 30 countries in the European Union and the European Economic Area, Norway's data regulator said late on Tuesday.

newspaper

01-11-2023

Republican US senator presses Fed officials on bond-buying policies

U.S. Senator Rick Scott, a fierce critic of the Federal Reserve's bond-buying program, has sent a new letter to central bank Chair Jerome Powell complaining about what the Florida Republican sees as slow progress in shedding assets from its balance sheet.

newspaper

01-11-2023

Wolfspeed jumps on upbeat quarterly forecast

Chipmaker Wolfspeed on Monday forecast a smaller-than-estimated second-quarter loss as it expects a boost to its business from a ramp-up in production at its new New York factory, sending its shares up 8% in extended trading.

newspaper

30-10-2023