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Dozens of U.S. states say Apple stifles competition; back ‘Fortnite’ maker

By Paresh Dave OAKLAND, Calif. (Reuters) -Apple Inc is stifling competition through its mobile app store, attorneys general for 34 U.S. states and the District of Columbia said on Thursday,.

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Electrolux profit falls as supply-chain headwinds linger

By Helena Soderpalm STOCKHOLM (Reuters) -Electrolux said on Friday global supply chain issues would persist after posting a drop in quarterly profit, while expecting demand in 2022 above pre-pandemic levels..

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SoftBank COO Marcelo Claure exits; departure sparked by pay dispute -source

By Greg Roumeliotis, Anirban Sen and Sam Nussey (Reuters) -Japan’s SoftBank Group Corp on Friday said its chief operating officer, Marcelo Claure, is leaving the technology investor, in the latest.

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Exclusive-China securities regulator met foreign banks to soothe economic concerns-sources

By Xie Yu and Selena Li HONG KONG (Reuters) -The China Securities and Regulatory Commission (CSRC) met this week with executives at top western banks and asset managers to reassure.

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Economy News

High inflation to stick this year, denting global growth: Reuters poll

By Shrutee Sarkar BENGALURU (Reuters) – Persistently high inflation will haunt the world economy this year, according to a Reuters poll of economists who trimmed their global growth outlook on.

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Economy News

Brazil rates set to soar further as US Fed prepares for lift-off: Reuters poll

By Gabriel Burin BUENOS AIRES (Reuters) – Brazil’s central bank is set to deliver a third consecutive 150 basis point rate rise on Wednesday in a bid to minimize risks.

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Economy News

Japan Dec factory output seen down slightly for first time in 3 months – Reuters poll

TOKYO (Reuters) – Japan’s factory output likely slid in December for the first time in three months due to lingering supply bottlenecks, a Reuters poll showed. Meanwhile, retail sales were.

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Economy News

Argentina strikes breakthrough deal with IMF in $45 billion debt talks

By Agustin Geist, Nicolás Misculin and Adam Jourdan BUENOS AIRES (Reuters) – Argentina has struck an agreement in principle with the International Monetary Fund over a new $44.5 billion standby.

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Dollar Down, Remains Above 97-Mark as Bets on Multiple Fed Hikes Increase

By Gina Lee Investing.com – The dollar was down on Friday morning in Asia but was headed towards its best week in seven months. The U.S. currency broke through key levels.

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Economy News

Exclusive-Foreign banks face bigger capital bill under draft EU plan

By Huw Jones LONDON (Reuters) – Foreign banks based in the European Union may have to hold more capital and liquidity under revisions to rules being considered by the bloc’s.

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