Showing 1 - 10 of 48
Trump praises Fed chair Powell, vows not to remove him
Business, Andrea Shalal of Reuters, Published on 06/05/2025
» WASHINGTON - US President Donald Trump said he will not remove Jerome Powell as Federal Reserve Board chairman before his term ends in May 2026 while describing the central banker as "a total stiff" and repeating calls for the Fed to lower interest rates.
How a key ingredient in Coca-Cola is smuggled out of Sudan
Business, Richa Naidu and Khalid Abdelaziz of Reuters, Published on 05/03/2025
» LONDON/DUBAI - Gum arabic, a vital ingredient used in everything from Coca-Cola to M&M's candy, is increasingly being trafficked from rebel-held areas of war-torn Sudan, traders and industry sources say, complicating Western companies' efforts to insulate their supply chains from the conflict.
INSIGHT: Low resale value threat to leasing model behind Europe's EV drive
Nick Carey of Reuters, Published on 13/08/2024
» LONDON - Low resale values for electric cars have pushed the leasing firms that drive Europe's auto market to double prices over the last three years and some are threatening to quit the business altogether if regulators force them to go electric too fast, industry executives say.
Musk loses $56bn case to heavy metal drummer
Business, Tom Hals of Reuters, Published on 05/02/2024
» WILMINGTON, DELAWARE: Elon Musk suffered one of the biggest legal losses in US history last week when the Tesla CEO was stripped of his $56 billion pay package in a case brought by an unlikely opponent, a former heavy metal drummer.
New members bring industry experience to BoT rate policy panel
Suttinee Yuvejwattana of Bloomberg News, Published on 08/11/2023
» The addition of two new members to the Bank of Thailand’s interest-rate-setting panel promises to bring a fresh perspective to the central bank, traditionally known for its unanimous decisions.
What's really killing historical UK pubs
Business, Helen Chandler-Wilde of Bloomberg, Published on 28/08/2023
» When the Crown and Anchor pub in Llanidloes in mid-Wales was built, there was a different Charles on the throne, America was a British colony and France still had a king.
Growing opposition to China's plan to strip-mine seabed
Business, Todd Woody of Bloomberg News, Published on 02/08/2023
» BERKELEY: In an international showdown that is pitting China against dozens of other nations, one company's quest to strip-mine the seabed for valuable metals has hit a roadblock.
Tesla taps Asian firms to improve new battery
Business, Zhang YanHyunjoo Jin, Published on 11/03/2023
» It's crunch time at Tesla Inc, where Elon Musk is looking to crack the code for making better, cheaper batteries.
Lab meat slow to catch on in Singapore
Business, Chen Lin of Reuters, Published on 07/03/2023
» SINGAPORE: Huber's Butchery in Singapore's lush Dempsey Hill is the only restaurant in the world selling lab-grown meat, but the supply is so limited there are just six servings -- cultivated chicken in a salad or on kebab sticks -- only on Thursdays.
UK govt makes humiliating tax cut U-turn
Kate Holton and Kylie MacLellan of Reuters, Published on 03/10/2022
» LONDON: The government of British Prime Minister Liz Truss was forced on Monday into a humiliating U-turn, reversing plans to cut the highest rate of income tax that helped to spark a rebellion in her party and turmoil in financial markets.