By Birsen Altayli ISTANBUL (Reuters) – Many Turks feel anxious and ashamed about their eroding living standards, paying the price for President Tayyip Erdogan’s past economic missteps even as there are signs that the country is beginning to exit its …
By Sarah Young LONDON (Reuters) – British luxury group Burberry on Monday sacked its CEO and named former Coach boss Joshua Schulman to replace him, as it promises a “more familiar” look and presses on with efforts to revive the …
By Sinéad Carew and Naomi Rovnick NEW YORK/LONDON (Reuters) -The dollar fell sharply against the yen for the second straight day, raising questions as to whether Japan was intervening, while a global equities index rose on Friday as investors turned …
(This June 28 story has been corrected to say Fisker recalled thousands of cars, not more than 18,000 cars, earlier in the month of June, in paragraph 8) (Reuters) – Electric-vehicle firm Fisker is recalling more than 12,000 Ocean vehicles …
By Tassilo Hummel PARIS (Reuters) – France’s political parties have scrambled to form political alliances after President Emmanuel Macron’s surprise move to call a parliamentary election, reshaping the political landscape into three large blocs. From the far-right National Rally to …
By Howard Schneider WASHINGTON (Reuters) -Federal Reserve officials at their last meeting acknowledged the U.S. economy appeared to be slowing and that “price pressures were diminishing,” but still counseled a wait-and-see approach before committing to interest rate cuts, according to …
(Reuters) – BlackRock (NYSE:) has agreed to buy UK data firm Preqin for 2.55 billion pounds ($3.23 billion) in cash in a further expansion by the world’s biggest asset management company into alternative investments. BlackRock, which manages more than $10 …
BEIJING (Reuters) -China hopes negotiations will lead to a “mutually acceptable solution” with the European Union on preliminary tariffs on Chinese electric vehicles (EV) scheduled to take effect on July 4, its commerce ministry said on Thursday. Beijing wants the …
By Divya Chowdhury MUMBAI (Reuters) – The proportion of workers who expect to switch employers in the next 12 months is higher than that from the “Great Resignation” period of 2022, a PwC survey of the global workforce found. Around …
By Summer Zhen HONG KONG (Reuters) – Asian hedge funds led global gains in May and the first five months, as bullish sentiment towards regional equities and winning positions in China boosted performance. Asia-focused long/short funds across all strategies rose …
