Business
Twitter’s laid-off workers cannot pursue claims via class-action lawsuit-judge
(Reuters) -Twitter Inc has secured a ruling allowing the social media company to force several laid-off workers suing over their termination to…
Business
Credit Suisse set to cut 10% of European investment bankers -FT
(Reuters) – Swiss lender Credit Suisse is looking to cut more than 10% of its staff of European investment bankers this year,…
Business
Schroders gets nod to set up China fund unit as Beijing speeds up approvals
SHANGHAI (Reuters) – Schroders has obtained Chinese regulatory approval to set up a wholly-owned mutual fund unit in China, as Beijing accelerates…
Business
Tough road ahead for U.S. fintech lenders as default risk rises
By Matt Tracy (Reuters) – U.S. fintech companies that lend to consumers with impaired credit scores face a tough year as rising…
Business
Bitcoin rises 5.5% to $19,897
(Reuters) – Bitcoin rose 5.54% to $19,897 at 22:13 GMT on Friday, adding $1,044 to its previous close. Bitcoin, the world’s biggest…
Business
Tesla turns up heat on rivals with global price cuts
By Hyunjoo Jin, Victoria Waldersee and Zoey Zhang (Reuters) -Tesla Inc has slashed prices globally on its electric vehicles by as much…
Business
Indonesia Dec trade surplus seen at $4.01 billion, lowest in 7 months: Reuters poll
JAKARTA (Reuters) – Indonesia’s trade surplus likely narrowed further in December, with moderating global commodity prices expected to result in a $4.01…
Business
Tesla extends price cuts to U.S., Europe to drive demand
(Reuters) – Tesla has slashed prices on its electric vehicles in the United States and Europe by as much as 20%, extending…
Business
Global equity funds see first weekly inflow in 10 weeks
(Reuters) – Global equity funds drew their first weekly inflow in 10 weeks in the week to Jan. 11 on hopes of…
Business
Japan’s economic policy panel won’t craft new accord with BOJ, minister says
By Kantaro Komiya and Tetsushi Kajimoto TOKYO (Reuters) -The Japanese government’s top economic policy panel will invite eight economists, including an expert…