HONG KONG (Reuters) -China Tourism Group Duty Free Corp is aiming to raise up to $2.16 billion through a new listing in Hong Kong, according to a term sheet reviewed […]
Inflation weighs on back-to-school buying for many families
NEW YORK — To understand the impact of surging inflation on this year’s back-to-school spending, look no further than children’s rain boots with motifs like frogs and ladybugs made by […]
Analysis – U.S. yield curve flashing more warning signs of recession risks ahead
NEW YORK (Reuters) – The U.S. government bond market is sending a fresh batch of signals that investors are increasingly convinced the Federal Reserve’s aggressive actions to tame inflation will […]
Exclusive: China to set up infrastructure fund worth $75 billion to revive economy – sources
FILE PHOTO: Construction workers stand on scaffolding in front of high voltage power lines in Shanghai September 25, 2013. REUTER/Aly SongBEIJING (Reuters) – China will set up a state infrastructure […]
Will gas prices get Republicans control of the U.S. House? The Denver Post
If control of the House of Representatives flips to the Republicans this fall, economist Jim Doti thinks he found the place driving the political change: the gas pump. Chapman’s veteran […]
Berkshire Hathaway buys 9.9 million more Occidental shares, has 17.4% stake
(Reuters) – Warren Buffett’s Berkshire Hathaway Inc said it has bought another 9.9 million shares of Occidental Petroleum Corp, giving it a 17.4% stake in the oil company.FILE PHOTO: Warren […]
Nigeria blocking repatriation of $450 million foreign airline revenue, IATA says
DOHA (Reuters) – Nigeria is withholding $450 million in revenue international carriers operating in the country have earned, an executive at the world’s largest airlines association said on Sunday.FILE PHOTO: […]
Elon Musk files appeal to end SEC decree over Twitter posts
NEW YORK (Reuters) -Elon Musk on Wednesday appealed a judge’s refusal to end his 2018 agreement with the U.S. Securities and Exchange Commission requiring a Tesla Inc lawyer to vet […]
Exclusive-U.S. automaker CEOs, Toyota urge Congress to lift EV tax credit cap
Slideshow ( 3 images )WASHINGTON (Reuters) – The chief executives of General Motors Co, Ford Motor Co, Chrysler-parent Stellantis NV and Toyota Motor North America on Monday urged Congress to […]
Immigration reform, older workers: Colorado businesses look to solve hiring problem.
The stubborn problem of labor shortages has Colorado businesses looking at older workers who retired or lost their jobs during the pandemic and want back in the workforce and at […]