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Tokyo June core consumer prices rise at fastest pace in 7 years

By drpcopycom July 12, 2022July 6, 2022

Core consumer prices in Japan's capital Tokyo rose 2.1% in June from a year earlier, data showed on Friday, marking the fastest pace of increase in seven years in a…

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Business

U.S. Supreme Court rejects American Axle case on patent eligibility

By drpcopycom July 11, 2022July 6, 2022

The U.S. Supreme Court on Thursday declined to hear American Axle & Manufacturing Inc's (AXL.N) bid to revive its patent on technology for quieting driveshaft noise, turning away a case…

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Business

U.S. CFTC charges South African company with record $1.7 billion bitcoin fraud

By drpcopycom July 10, 2022July 6, 2022

The U.S. commodities regulator announced on Thursday it had filed civil charges against a South African man and his company for operating a fradulent commodity pool worth over $1.7 billion…

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Business

Meta CEO Zuckerberg: engineering hiring target for 2022 reduced to around 6,000-7,000 -employee Q&A

By drpcopycom July 9, 2022July 6, 2022

Meta Platforms (META.O) has reduced its target for hiring engineers in 2022 to around 6,000-7,000, down from an initial plan to hire about 10,000 new engineers, Chief Executive Mark Zuckerberg…

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Business

DE Shaw, execs must pay $52 mln to ex-money manager, arbitration panel says

By drpcopycom July 8, 2022July 6, 2022

The prominent U.S. hedge fund DE Shaw and four senior executives must pay $52.1 million to a former top money manager who accused the firm of defamation, an arbitration panel…

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Business

Mondelez’s Enjoy Life recalls selected baked snacks products

By drpcopycom July 7, 2022July 6, 2022

Enjoy Life Natural Brands, a unit of Mondelez International Inc (MDLZ.O), said on Thursday it had voluntarily recalled a limited quantity of a select list of baked snacks products due…

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Business

Riksbanken rate hike lifts Swedish crown

By drpcopycom July 6, 2022

The Swedish crown rose on Thursday against the euro after Sweden's central bank hiked its benchmark interest rate by 50 basis points as expected. In the meantime, the euro flattened…

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