Canadian port strike ends with tentative, 4-year deal - statement

Dock workers at ports along Canada's Pacific coast and their employers accepted a wage deal on Thursday, ending a 13-day strike that disrupted trade at the country's busiest ports and risked worsening inflation.

newspaper

13-07-2023

IMF says China growth slowing after strong Q1 reopening

WASHINGTON (Reuters) -China's economy is slowing due to weaker private investment, slowing exports and reduced domestic demand after a strong performance in the first quarter as the economy reopened from COVID-19 lockdowns, the International Monetary Fund said on Thursday.

newspaper

13-07-2023

Back-to-school sales to hit new record as shoppers keep up with essential buys - NRF

U.S. shoppers plan to spend a record $41.5 billion during the upcoming school year, a trade group forecast on Thursday, as families accommodate an inflation-driven rise in the prices of back-to-school items, particularly electronics.

newspaper

13-07-2023

Virgin Galactic to launch second commercial space flight next month

Virgin Galactic Holdings said on Thursday that the space tourism startup will launch its second commercial flight in a window that opens next month after a successful first flight in June.

newspaper

13-07-2023

McDonald's China owners Carlyle, Trustar plan $4 billion exit - Bloomberg News

Carlyle Group Inc and Trustar Capital are planning to raise $4 billion from funds including GIC Pte to buy part of their stakes in McDonald's Corp operations in Hong Kong and mainland China, Bloomberg News reported on Wednesday.

newspaper

13-07-2023

Explainer-Why is the U.S. SEC reforming money market funds?

The U.S. Securities and Exchange Commission (SEC) on Wednesday finalized long-awaited regulations to improve the resilience and transparency of the roughly $5.5 trillion U.S. money market fund industry.

newspaper

12-07-2023

India's Adani aims to close planned $4 billion fundraising by end-December-source

India's Adani Group is aiming to close its planned up to $4 billion fundraising before the end of 2023, and is actively talking to global investors about participating, a source with direct knowledge of the matter said on Wednesday.

newspaper

12-07-2023

Kim Kardashian in talks to buy back beauty firm stake from Coty - WSJ

Kim Kardashian is in talks with Coty to buy back a minority stake in her beauty firm that she had sold to the fragrance and cosmetic company, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.

newspaper

11-07-2023

Disney explores strategic options for India business - WSJ

(Reuters) -Walt Disney is exploring strategic options for its Star India business, including a joint venture or a sale, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.

newspaper

11-07-2023