Business
Japan set to appoint academic Ueda as next Bank of Japan governor – sources
By Takaya Yamaguchi and Kentaro Sugiyama Tokyo (Reuters) – Japan’s government is likely to appoint academic Kazuo Ueda as the Bank of…
Business
Adidas slumps as Kanye split triggers new profit warning
By Alexander Hübner and Rachel More BERLIN (Reuters) -Adidas shares slumped as much as 12% on Friday after the sportswear maker warned…
Business
Zara owner Inditex agrees to 20% pay rise in Spain -union groups
MADRID (Reuters) -Zara owner Inditex reached an agreement to raise salaries in its Spanish stores by an average 20%, Spain’s two largest…
Business
Adani faces fresh risk as MSCI examines free float of its stocks
By Scott Murdoch and Shivam Patel SYDNEY/NEW DELHI (Reuters) -India’s Adani Group faced fresh concerns on Thursday after financial index provider MSCI…
Business
U.S. set to loan Redwood Materials $2 billion for EV materials plant
By Paul Lienert and David Shepardson (Reuters) -The U.S. Energy Department on Thursday made a conditional commitment to Redwood Materials for a…
Business
SpaceX test-fires Starship booster in milestone for debut orbital launch
By Joey Roulette WASHINGTON (Reuters) -SpaceX’s towering Super Heavy booster, one half of the company’s Starship rocket system, briefly roared to life…
Business
Entain’s shares tumble as MGM scraps buyout plan
(Reuters) -Shares of Entain plc tumbled as much as 13% on Thursday after U.S-based MGM Resorts International said it had “moved on”…
Business
South Korea says new FX steps will boost won’s status, business for firms
By Choonsik Yoo and Yena Park SEOUL (Reuters) -South Korea’s plans to loosen restrictions in its currency market will raise the won’s…
Business
Fresh risk for Adani: index compiler MSCI weighs changes to some group stocks
By Scott Murdoch and Shivam Patel SYDNEY/NEW DELHI (Reuters) -Financial index provider MSCI said on Thursday that some Adani securities should no…
Business
Unilever expects Chinese ‘consumption boom’ in wake of lockdowns
By Richa Naidu LONDON (Reuters) – Unilever said on Thursday it expects a “consumption boom” in China as lockdowns ease, flagging $1.5-$2…