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It will be a packed week on both the macro and micro fronts. There’s a Federal Reserve policy meeting, January jobs data, and earnings reports from around 100 S&P 500 firms to look forward to, including the biggest companies on the market.The Federal Open Market Committee will announce a monetary…
By Ben Glickman Herbalife on Tuesday named as its president Stephan Paulo Gratziani, months after he joined the company. Gratziani, who was promoted from chief strategy officer, had previously been an independent distributor for Herbalife for 32 years and joined the company in August. The Los Angeles-based dietary supplements seller…
I don’t consider myself a deeply religious person. But lately I’ve been thinking of an 11th Commandment I’d like to inscribe in stone. In case you’ve missed the news, pricey water bottles are a thing. Specifically, pricey water bottles from Stanley, a brand that has a history going back to…
© Reuters. Zeekr will begin selling EVs in Singapore in 2H24 China’s Geely-owned Zeekr announced Friday that the automaker has finalized an agreement with a Singaporean company to distribute right-hand drive models of its Zeekr 009 MPVs and Zeekr X urban SUVs to customers in Singapore. According to a spokesperson…
Investing.com– Gold prices moved little in Asian trade on Thursday, sticking to a trading range established over the past week as markets speculated over just when the Federal Reserve will begin trimming interest rates. The yellow metal stuck to a range between $2,000 and $2,050 an ounce seen over the…
By Fergal Smith TORONTO (Reuters) – The Canadian dollar is expected to trade at stronger levels than previously thought over the coming months and year if the U.S. Federal Reserve pivots to cutting interest rates before the Bank of Canada, a Reuters poll found. In 2023 the currency notched a…
By Kantaro Komiya and Yuka Obayashi TOKYO (Reuters) -Nippon Steel said on Friday President Eiji Hashimoto will become CEO and chairman effective April 1, remaining at the helm as the top Japanese steelmaker aims to complete a deal to take over U.S. Steel. Executive Vice President Tadashi Imai and head…
Universal Music Group said on Wednesday that it will cease licensing its music to TikTok and accused the short-form video giant of bullying and intimidation in its contract negotiations.A music licensing agreement between UMG and TikTok, which is owned by Chinese tech giant ByteDance, expired on Wednesday, and new terms…
Pakistan’s embattled former Prime Minister Imran Khan was hit with a fresh 14-year jail sentence on Wednesday after a state court found him guilty of graft, just one day after being handed a 10-year term on a conviction of leaking state secrets.His wife Bushra Bibi was also sentenced to a…
Samsung posted its fourth straight quarter of slumping profits on Wednesday, capping off a dismal year that also saw it lose its crown as the world’s top smartphone maker. The South Korean tech giant posted a 35% drop in profit on Wednesday, in a sign of how demand for consumer…