Author Archives: Syndicated Content
Global investors turn sellers in equity funds on recession fears
(Reuters) - Global equity funds faced outflows in the week to June 29, as recession fears crept higher, with major central banks looking keen to raise interest rates further to tame soaring inflation....
Jul 01, 2022
Timeline: Kohl’s abandons sale talks as market turmoil weighs
(Reuters) - A monthslong bidding race for Kohl's Corp ended on Friday after the department store chain said it was scrapping plans to sell itself to Vitamin Shoppe owner Franchise Group due to the dow...
Jul 01, 2022
Investors turn net sellers of U.S. equity funds on slowdown worries
(Reuters) - U.S. investors turned net sellers of equity funds in the week ended June 29, as they fretted over the impact of hefty rate increases on the U.S. economy, with data showing a contraction in...
Jul 01, 2022
Pakistan’s June inflation surges to highest in over a decade
By Syed Raza Hassan KARACHI, Pakistan (Reuters) -Pakistan's consumer price index (CPI) rose 21.3% in June from a year earlier, the statistics bureau said on Friday, for the South Asian nation's highes...
Jul 01, 2022
Kohl’s abandons talks to sell itself to Franchise Group
(Reuters) - Department store chain Kohl's Corp said on Friday it was abandoning talks to sell itself to Vitamin Shoppe-owner Franchise Group, blaming a downturn in market conditions. (Reporting by Uda...
Jul 01, 2022
Back to the future? Cargo giant Cargill turns to sails to cut carbon
By Jonathan Saul LONDON (Reuters) - In a new take on ancient technology, Cargill, one of the world's biggest charterers of ships, is to add state-of-the art sails to a vessel early next year to test w...
Jul 01, 2022
Amazon to allow Prime users to unsubscribe in two clicks after EU complaints
By Foo Yun Chee BRUSSELS (Reuters) - U.S. online retail giant Amazon has made it easier for users to cancel their subscriptions to its fast shipping club Prime with just two clicks, following complain...
Jul 01, 2022
Chip stocks fall as Micron outlook signals easing demand
By Sayantani Ghosh (Reuters) - A handful of companies including chipmakers Micron and AMD are signalling an easing in the two-year long global shortage of semiconductor chips as rising inflation and c...
Jul 01, 2022
Moscow Exchange plans legal challenge against EU sanctions on NSD
MOSCOW (Reuters) - Moscow Exchange, Russia's largest bourse, on Friday said it planned to legally challenge European Union sanctions on the country's National Settlement Depository (NSD) and would see...
Jul 01, 2022
Japan eases travel advisory for China, others as COVID risk fades
TOKYO (Reuters) - The Japanese government said on Friday it had lowered its infectious diseases-related travel advisory from "do not make non-urgent trips" to "travel with caution" for China, India an...
Jul 01, 2022
