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…
Category: Business
U.S. Supreme Court rejects American Axle case on patent eligibility
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…
U.S. CFTC charges South African company with record $1.7 billion bitcoin fraud
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…
Meta CEO Zuckerberg: engineering hiring target for 2022 reduced to around 6,000-7,000 -employee Q&A
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…
DE Shaw, execs must pay $52 mln to ex-money manager, arbitration panel says
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…
Mondelez’s Enjoy Life recalls selected baked snacks products
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…
Riksbanken rate hike lifts Swedish crown
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…