Jan 22, 2024
US dollar flat as Japan, European policy meetings loom

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The U.S. dollar was little changed to modestly higher against a basket of currencies on Monday ahead of central bank policy decisions in Japan and the euro zone that may determine the currency's direction…

Jan 22, 2024
FAA steps up scrutiny of Boeing with calls for checks on another 737 model

By David Shepardson WASHINGTON (Reuters) -The U.S. Federal Aviation Administration (FAA) has recommended that airlines operating Boeing 737-900ER jets inspect door plugs to ensure that they are properly secured after some operators reported unspecified issues with bolts upon inspections. Regulators…

Jan 22, 2024
H&M pulls ad after complaints over sexualisation of school girls

LONDON (Reuters) - Fashion retailer H&M has withdrawn an ad featuring school girls after complaints that the campaign encouraged the sexualisation of under-age girls. The advert, launched in Australia, featured the slogan: "Make those heads turn in H&M's Back to…

Jan 19, 2024
Exclusive-US FDA finds new manufacturing lapses at Eli Lilly plant

By Marisa Taylor and Maggie Fick WASHINGTON (Reuters) -U.S. inspectors recently uncovered new manufacturing problems at an Eli Lilly plant that has been under scrutiny by federal investigators, according to government records obtained by Reuters. The U.S. Food and Drug…

Jan 19, 2024
Mercedes open to sale of group-owned dealerships in Germany

BERLIN (Reuters) - Mercedes-Benz is open to selling the dealerships and workshops it owns in Germany, the carmaker said on Friday. "After very positive experiences in various European markets, we are now also examining how we can set up our…

Jan 19, 2024
AI startup Cohere in talks to raise roughly $500mln to $1bln – source

DAVOS, Switzerland (Reuters) - Cohere, a Toronto-based startup developing artificial intelligence for businesses, is in discussions with investors to raise capital in the ballpark of $500 million to $1 billion, a person with knowledge of the matter told Reuters Friday.…

Jan 18, 2024
Dollar gains for fifth straight session on solid labor data

By Chuck Mikolajczak NEW YORK (Reuters) -The dollar index climbed for a fifth straight session on Thursday after labor market data showed job growth, keeping expectations for an interest rate cut from the Federal Reserve in check. Initial claims for…

Jan 18, 2024
Tesla, Ford among the most shorted stocks in 2023 – Hazeltree

By Nell Mackenzie LONDON (Reuters) -Hedge funds took the most bets against auto companies Tesla, Ford, and communications company Charter Communications in the United States last year, a report by data firm Hazeltree said on Thursday. A short bet expects…

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