Yen Dives To New 24-year Low Vs Dollar
The Japanese yen plunged on Tuesday to the lowest levels versus the U.S. dollar since October 1998, as the Bank of Japan's ultra-loose monetary policy stance continued to weigh.
Outgoing Israeli Government Partners Vow To Block Netanyahu Comeback
Ministers in Israel's outgoing government vowed on Tuesday to prevent a comeback by ex-premier Benjamin Netanyahu, their fellow right winger, as the country braced for a fifth election in less than four years with polling predicting no clear winner.
Burkina Faso Tells Civilians To Evacuate Vast Zones Ahead Of Military Operations
Burkina Faso's army has ordered civilians to evacuate two large "military interest zones" in its northern and southeastern regions ahead of anticipated operations against Islamist insurgents, it said.
Kellogg To Focus On Snacks With Surprise Three-way Split
Kellogg said on Tuesday it would split into three independent companies, in the latest U.S.
Electric Automakers Make Last-ditch Plea For More Tax Credits Before U.S. Election
Shifting political winds during the U.S. November mid-term elections could spell trouble for automakers' hopes of getting billions of dollars in consumer tax credits that would help the United States compete with Chinese and European rivals.
In Pro-Russian Serbia, A Few Russians And Ukrainians Unite To Oppose War
Each week about a dozen Russian, Ukrainian and Belarusian expatriates opposed to Russia's invasion of Ukraine meet local Serbs in a Belgrade cafe to discuss the war and plan protest rallies.
Luxury Sales To Grow At Least 5% This Year - Bain
Sales of luxury goods are set to rise at least 5% this year as shoppers in the United States and Europe continue to snap up high-end watches, jewelry and shoes despite the conflict in Ukraine and soaring inflation, consultancy Bain said Tuesday.
Global Luxury Outlook Still Strong, Sales To Grow At Least 5% This Year -consultancy
Sales of luxury goods are set to rise at least 5% this year as shoppers in the United States and Europe continue to snap up high-end watches, jewelry and shoes despite political uncertainty linked to conflict in Ukraine and soaring inflation, consultancy Bain said Tuesday.
Wall Street Gains Over 2% In Broad Rebound
Wall Street's major indexes jumped over 2% on Tuesday as investors scooped up shares of megacap growth and energy companies after the stock market swooned last week on worries over a global economic downturn.
Megacap, Energy Shares Lead Resurgent Wall Street
Wall Street's major indexes jumped on Tuesday as investors scooped up shares of megacap growth and energy companies after the stock market swooned last week on worries over a global economic downturn.
Megacap, Energy Shares Lead Broad Wall Street Rebound
Wall Street's major indexes jumped on Tuesday as investors scooped up shares of megacap growth and energy companies hammered last week on worries over a global economic downturn.
Tech And Energy Shares Boost Wall St In Bear Market Rally
Wall Street's major indexes climbed on Tuesday as investors scooped up shares of megacap growth and energy companies that were hammered in a rout last week on worries over a global economic downturn.
Wall Street Bounces As Growth, Energy Stocks Jump
U.S. stock indexes climbed on Tuesday as investors returned from a long weekend to scoop up shares of megacap growth and energy companies that were hammered in a rout last week on worries over a global economic downturn.
Germany Risks Recession As Russian Gas Crisis Deepens
Germany faces certain recession if faltering Russian gas supplies stop completely, an industry body warned on Tuesday, and Italy said it would consider offering financial backing to help companies refill gas storage to avoid a deeper crisis in winter.
U.S. Factories Pop Up To Make Medical Gloves, Spurred By Pandemic
Rising from a muddy field on the outskirts of the small town of Fayette, Alabama is a bricks-and-mortar symbol of the global COVID pandemic: A new glove factory.
Sri Lanka May Consumer Prices Soar 45.3% Y/y, Highest Since 2015
Sri Lanka's headline inflation accelerated in May to the highest since 2015 due to rising food and transport costs, as the island nation grappled with its worst economic crisis in seven decades.
Analysis-Are High Prices Unpatriotic Or As American As You Can Get?
President Joe Biden's pointed criticism of oil and gas companies for earning massive profits as families suffer from high gasoline prices challenges a pillar of American capitalism: that U.S.
At Jan. 6 Capitol Riot Hearing, Election Officials Tell Of Harassment By Trump Supporters
U.S. state election officials on Tuesday recounted how supporters of Donald Trump threatened, insulted and harassed them, sometimes turning up at their homes, after they refused to help the former president overturn his 2020 election defeat.
Election Officials Detail Threats By Trump Supporters At Jan. 6 Capitol Riot Hearing
State election officials recounted on Tuesday how Donald Trump supporters threatened them and their families after they refused to help the former president overturn his 2020 election defeat.
Desperate Chinese Property Developer Willing To 'Swap Wheat For House'
A desperate developer in China's softening property market is coming up with a novel promotion to attract buyers, recently offering to take wheat and garlic as down payments.
Odinga's Running Mate In Kenyan Election Promises Corruption Crackdown If Elected
The alliance led by Kenyan presidential candidate Raila Odinga will come down hard on corruption if it wins in August, his running mate Martha Karua said, but dismissed her nickname "Iron Lady" as a sexist trope directed at tough women leaders.
Indian Skincare Startup Mamaearth Eyes $3 Billion Valuation In 2023 IPO - Sources
Sequoia Capital-backed Indian skincare startup Mamaearth is in talks to raise at least $300 million in a planned IPO next year and is seeking a valuation of around $3 billion, three people with direct knowledge of the company's plans told Reuters.
Exclusive - Indian Skincare Startup Mamaearth Eyes $3 Billion Valuation In 2023 IPO - Sources
Sequoia Capital-backed Indian skincare startup Mamaearth is in talks to raise at least $300 million in a planned IPO next year and is seeking a valuation of around $3 billion
Google Resolves French Copyright Dispute Over Online Content
Alphabet unit Google has committed to resolving a copyright dispute in France over online content, the country's antitrust authority said on Tuesday, as pressure mounts for big tech platforms to share more of their revenue with news outlets.
Google Resolves French Fight Over Payment To Publishers
Alphabet unit Google has made commitments to resolve a dispute in France over copyright for content used online, the country's antitrust authority said on Tuesday.
Spain-based Cabin Crew At EasyJet Plan July Strike
Spain-based cabin crew at easyJet plan to go on strike for nine days in July to demand higher pay from the budget airline, local union USO said on Tuesday, potentially adding to travel woes as the sector struggles to cope with rebounding demand.
Insurance Watchdog Calls For Pan-EU Policy Protection
Harmonised insurance protection schemes of last resort are needed across the European Union as consumers increasingly buy policies from outside their country, the bloc's insurance regulator said on Tuesday.
'Perfect Storm' For Airlines Facing Strong U.S. Dollar And High Oil Prices
Global airlines are grappling with a double whammy from the rare combination of a strong U.S.
French Opposition Tells 'Arrogant' Macron: Compromise To Win Support
French opposition leaders told President Emmanuel Macron on Tuesday they would not make life easy for him as he sought a way to avoid political paralysis after this weekend's election setback in parliament.
Opposition Parties Say 'Arrogant' Macron Must Compromise To Win Support
France's opposition parties said on Tuesday that an "arrogant" Emmanuel Macron will have to change tack and listen to them to win their support on a case-by-case basis after losing control of parliament.