FINANCE
Unlike most major economies, Japan has spent much of the 21st century adhering to a doctrine of extremely low interest rates — so low that since 2016, they were actually negative. That changed on Tuesday, March 19, when the Bank of Japan (BoJ) announced the country’s first interest rate hike
Brazil’s Bolsonaro Maintains Silence Following Lula’s Election Victory
SAO PAULO/BRASILIA — President Jair Bolsonaro had yet to concede defeat in Brazil's presidential election...
Elon Musk Completes $44 Billion Acquisition of Twitter
Elon Musk, the world's richest man, completed his $44 billion acquisition of Twitter Inc. late on Thursday...
Twitter Shares Will Be Suspended on NYSE Amid Musk Takeover
(Reuters) — Twitter Inc shares will be suspended from trading on Friday, Oct. 27, the New York Stock...
Google Play in EU Antitrust Amid Android Fine Appeal
BRUSSELS (Reuters) — Alphabet unit Google's Google Play Store is the target of an EU antitrust investigation...
Italy Probes Pfizer in Alleged $1.2 Billion Tax Fraud Case
The Italian government is probing Pfizer for allegedly dodging €1.2 billion (~$1.2 billion USD) in taxes...
Gas Price Cap Possible This Winter if Countries Agree: EU Energy Chief
BRUSSELS — The European Union could introduce a gas price cap this winter to limit excessive price spikes...
Trade Deficit for US Goods Widens as Home Sales and Imports Dwindle
WASHINGTON (Reuters) — The U.S. trade deficit in goods widened sharply in September, likely as a strong...
Nasdaq Wanes Amid Weak Big Tech Earnings
(Reuters) — The Nasdaq index fell on Wednesday, Oct. 26 as disappointing results and warnings from Microsoft...
Hyundai Breaks Ground on $5.5 Billion EV Plant, Boasts Production Capacity
ELLABELL, Ga. (Reuters) — Hyundai Motor Co broke ground on a $5.54 billion electric vehicle (EV) and...