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Coca-Cola Bottler To Detail Costs Of Exiting Russia

Coca-Cola Co's bottler Coca Cola HBC AG will on Thursday detail the cost of stopping production and sales of Coke in Russia, a goal that has taken five months to reach as the company used up its existing supplies.
Aug 10, 2022

Pelosi: U.S. Cannot Allow China's 'New Normal' Over Taiwan

House of Representatives Speaker Nancy Pelosi said on Wednesday the United States could not allow China to normalize the new level of pressure on Taiwan it asserted with days of military drills following her visit to the Chinese-claimed island.
Aug 10, 2022

Less-divided U.S. Steelworkers Union To Greet Vice President Harris

U.S. Vice President Kamala Harris faces a less politically divided audience at the United Steelworkers convention on Wednesday compared to previous years, said members interviewed by Reuters, in an address expected to lean heavily on the administration's job record.
Aug 10, 2022

Italy's Meloni, Leading In Polls, Says She Is No Threat

Brothers of Italy leader Giorgia Meloni recorded a video message in three languages on Wednesday to reassure Italy's partners a right-wing government led by her would not threaten financial stability and would stick to Rome's traditional alliances.
Aug 10, 2022

SoftBank To Gain $34 Billion From Cutting Alibaba Stake

SoftBank Group Corp said on Wednesday it would book a gain of $34.1 billion by cutting its stake in Alibaba Group Holding, as the investment behemoth looks to shore up its cash reserve to weather the market downturn.
Aug 10, 2022

Canadian Home Buyers Return To Fixed-rate Loans As Economy Wobbles

Canadian home buyers are shifting to fixed-rate mortgages at the fastest pace in a year, on bets that more rate hikes from the central bank are in store to bring inflation under control, even as the cost of these home loans remains close to the highest level since 2009.
Aug 10, 2022

Factbox-Is Global Inflation Nearing A Peak?

Calling the top of the current wave of inflation has been a painful exercise for economists and central bankers, who have been proven wrong time and again over the past year.
Aug 10, 2022

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