BUSINESS

A woman holds Euro banknotes in this illustration taken May 30, 2022.

Dollar Gains After U.S. Payrolls Beat Forecast

The U.S. dollar rose on Friday after data showed the world's largest economy created more jobs than expected in June, cementing expectations of another 75 basis-point hike at the Federal Reserve's policy meeting later this month.
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Russian Rouble banknote is placed on Chinese Yuan banknotes in this illustration taken May 30, 2022.

Exclusive-How An Indian Cement Maker Bought Russian Coal Using Yuan

An Indian cement maker's recent purchase of Russian coal using yuan involved India's biggest private lender, HDFC Bank, according to an invoice seen by Reuters and a source, as more details emerge of the kind of trade that could blunt Western sanctions against Moscow.
The Cruise Origin autonomous vehicle, a Honda and General Motors self-driving car partnership, is seen during its unveiling in San Francisco, California, U.S. January 21, 2020.

U.S. Agency Probing Cruise Crash In California

The National Highway Traffic Safety Administration has opened a special investigation into a recent crash of a Cruise vehicle in California that resulted in minor injuries, the agency said on Thursday.
A 3D-printed Twitter logo on non-3D printed Twitter logos is seen in this picture illustration taken April 28, 2022.

Twitter Says It Removes Over 1 Million Spam Accounts Each Day

Twitter removes more than 1 million spam accounts each day, executives told reporters in a briefing on Thursday, providing new insight into efforts to reduce harmful automated bots as billionaire Elon Musk has demanded more details from the social media company.
Test tubes labelled "COVID-19 Omicron variant test positive" are seen in this illustration picture taken January 15, 2022.

Exclusive-WTO Faces New Battle Over COVID Tests, Drugs

Less than a month after a hard-won deal was reached on a partial waiver of intellectual property rights for COVID-19 vaccines, a fresh battle may be looming at the World Trade Organization over extending the waiver to treatments and tests.
Trading information for KKR & Co is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., August 23, 2018.

Exclusive-KKR To Launch Its Two First ESG Credit Funds

Private equity firm KKR & Co Inc is preparing to launch its first two credit funds dedicated to investing based on environmental, social and corporate governance (ESG) principles later this year, according to an internal memo seen by Reuters.

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