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    1. Business News
    2. Authors
    3. reuters

    Reuters

    Marles, russian tourist, Australia
    Australia rules out ban on Russian tourists as part of sanctions

    Since the start of the conflict, Australia has sanctioned hundreds of Russian individuals and entities, including most of Russia’s banking…

    By Reuters
    Updated: September 18, 2022 07:42 IST
    The overall ad spend was 12.7% less compared to the same period in pre-pandemic 2019 at $5.50 billion
    Auto industry ad spend falls to $4.8 bln in first seven months of 2022

    Digital ad spending accounted for 53% of the total $4.80 billion the industry spent during the period, according to data…

    By Reuters
    September 17, 2022 19:20 IST
    Ambuja Cements, adani group, acc cements, Karan Adani, Karan Adani acc director,
    Gautam Adani elevates son to chairman of cement maker ACC

    The Adani group ventured into cement-making operations earlier this year with its $10.5 billion acquisition of Holcim AG’s cement businesses…

    By Reuters
    September 16, 2022 18:52 IST
    Stellantis CEO warns of more auto plant closures
    Stellantis and Renault halt Spanish assembly lines as chip shortage persists

    The global chip shortage, caused by pandemic supply chaos and booming demand, has ravaged the automotive sector with many companies…

    By Reuters
    September 16, 2022 17:52 IST
    Shares of FedEx Corp plunged 20.7% in premarket trading after the company said a global demand slowdown accelerated at the end of August and predicted that it would worsen in the November quarter.
    US Stocks: Futures hit two-month lows as FedEx warning stokes slowdown fears

    “I don’t believe that FedEx is likely to be part of the lower CPI solution that the Fed is seeking…

    By Reuters
    September 16, 2022 17:22 IST
    Wall Street futures were down, with S&P 500 e-minis trading near two-month lows.
    Global Markets: European stocks set for weekly loss as global economic outlook worsens

    “We’re now seeing data confirm that the economy is indeed slowing down,” said Axel Rudolph, market analyst at IG Group.

    By Reuters
    September 16, 2022 17:13 IST
    Glencore looking to trade lithium on soaring EV demand - sources
    Glencore looking to trade lithium on soaring EV demand

    As the auto industry gears up to shift to making only EVs – spurred on by proposed bans on fossil-fuel…

    By Reuters
    September 16, 2022 16:19 IST
    cyber security risks of smart devices
    European Union proposes rules targeting cybersecurity risks of smart devices

    Companies face fines of as much as 15 million euros ($15 million) or up to 2.5% of their total global…

    By Reuters
    September 16, 2022 15:45 IST
    meta
    YouTube, Meta will expand policies, research to fight online extremism

    Platforms like Alphabet’s YouTube and Meta Platforms’ Facebook have come under fire for years from critics who say the companies…

    By Reuters
    September 16, 2022 14:33 IST
    Celsius currently owns 11 different forms of stablecoin, for a total of about $23 million.
    Celsius files for permission to sell its stablecoin holdings

    Celsius had filed for bankruptcy in New York in July, after it froze withdrawals, citing “extreme” market conditions.

    By Reuters
    September 16, 2022 13:17 IST
    Porsche IPO to comprise 911 million shares in nod to its most famous model
    Porsche IPO to comprise 911 million shares in nod to its most famous model

    The 911 million Porsche shares will be divided into 455.5 million preferred shares and 455.5 million ordinary shares, according to…

    By Reuters
    September 16, 2022 12:21 IST
    Offering to hold clients' digital assets appeared the safest way to enter the market.
    US SEC’s crypto guidelines push up costs for lenders, disrupting projects

    Despite the crypto market contracting significantly this year, lenders still see an opportunity for their services.

    By Reuters
    Updated: September 16, 2022 12:35 IST
    asian markets today
    Asian markets weaken as IMF, World Bank flag recession risks

    MSCI’s broadest index of Asia-Pacific shares outside Japan was down 0.3% on Friday, after U.S. stocks ended the previous session…

    By Reuters
    September 16, 2022 08:09 IST
    us stocks, wall street, S&P 500, dow jones, nasdaq 100
    Wall Street extends losses, US stocks tumble amid Fed tightening jitters, economic rumblings

    Wall Street ended sharply lower on Thursday, extending its losses in late afternoon trading as a raft of economic data…

    By Reuters
    September 16, 2022 08:08 IST
    UK to hold emergency mini-budget on Sept 23, sources say
    UK to hold emergency mini-budget on Sept 23, sources say

    Truss told parliament that Kwarteng would make a formal fiscal statement about the cost of her plans to support consumer…

    By Reuters
    September 15, 2022 19:27 IST
    Roger Federer, Roger Federer news, Roger Federer Latest, Roger Federer Retirement, Roger Federer Laver Cup, Roger Federer tennis, Roger Federer instagram post, tennis news
    Roger Federer announces retirement from professional tennis

    The 41-year-old Swiss, who has won 20 Grand Slam titles and is regarded by many as the best player ever…

    By Reuters
    Updated: September 15, 2022 19:38 IST
    The cash-and-stock deal for Figma gives Adobe ownership of a company whose online collaborative platform for designs and brainstorming is used by firms from Zoom Video Communications to AirBnB and Coinbase.
    Adobe to buy Figma for $20 bln to boost arsenal of collaborative design tools

    The premier software firm that houses the industry’s most renowned graphics and photo editing applications such as Photoshop and After…

    By Reuters
    September 15, 2022 18:28 IST
    The cryptocurrency ether fell as much as 4% to $1,571, a move analysts put down to a cautious mood for risk assets more generally.
    Ethereum blockchain slashes energy use with ‘Merge’ software upgrade

    Most blockchains devour large amounts of energy and have come under fire from environmentalists and some investors.

    By Reuters
    Updated: September 15, 2022 18:21 IST
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