Author Archives: Syndicated Content
Davos 2023: Global recession seen likely in 2023 -WEF survey
By Mark John DAVOS, Switzerland (Reuters) - Two-thirds of private and public sector chief economists surveyed by the World Economic Forum (WEF) expect a global recession in 2023, the Davos-organiser s...
Jan 16, 2023
Yellen to meet China's vice premier Liu He in Zurich on Wednesday -U.S. Treasury
By Andrea Shalal WASHINGTON (Reuters) - U.S. Treasury Secretary Janet Yellen will meet Chinese Vice Premier Liu He in Switzerland on Wednesday to exchange views on economic developments and deepen com...
Jan 16, 2023
Britain's M&S to invest $587 million in store estate
By James Davey LONDON (Reuters) - British clothing and food retailer Marks & Spencer plans to open 20 new, bigger stores in its 2023-24 year as part of a radical overhaul of its store estate that will...
Jan 16, 2023
Army of pest-munching ducks keep South African vineyard blooming
STELLENBOSCH, South Africa (Reuters) - Flocks of white, black and brown ducks hunt for snails and bugs as they patrol the grapevines at a vineyard in South Africa's winemaking town of Stellenbosch, he...
Jan 16, 2023
Taiwan chipmaker UMC imposes strict cost controls over weak demand
TAIPEI (Reuters) - Taiwanese chipmaker United Microelectronics Corp (UMC) said on Monday it was implementing strict cost controls because of soft demand and a weak outlook, in a further sign of pain f...
Jan 16, 2023
Russia says British tanks sent to Ukraine 'will burn'
MOSCOW (Reuters) - The Kremlin said on Monday that the tanks Britain plans to send to Ukraine "will burn". Britain said on Saturday it would send 14 of its Challenger 2 main battle tanks as well as ot...
Jan 16, 2023
Tesla under fire in Germany over union concerns on working hours, contracts
BERLIN (Reuters) - Tesla has come under fire from German union IG Metall and politicians over allegations by workers of unreasonable working hours and fears over speaking out at its Brandenburg plant,...
Jan 16, 2023
Israel vows to protect its military from politics
JERUSALEM (Reuters) - Israeli leaders vowed on Monday to keep the country's conscript military free of politics after Prime Minister Benjamin Netanyahu gave far-right coalition partners increased cont...
Jan 16, 2023
European shares edge up on pharma boost, UK's FTSE 100 nears record-high
By Bansari Mayur Kamdar (Reuters) - European shares inched up on Monday as gains in healthcare stocks helped the benchmark index extend its sharp rally thus far into the new year, while UK's FTSE 100 ...
Jan 16, 2023
China petrochemical plant shut after deadly explosion - sources
(Reuters) - China's Panjin Haoye Chemical Co Ltd has shut down its entire oil refinery and petrochemical complex after an explosion on Sunday killed two people and left 12 missing, according to trade ...
Jan 16, 2023
