
Nigeria opts for small rate hike at first meeting after Emefiele's suspension
By Chijioke Ohuocha ABUJA (Reuters) -Nigeria's central bank raised its main lending rate by a smaller-than-expected 25 basis points on
2023-07-26 01:49

UPS reaches deal with union Teamsters to avert strike
The agreement raises starting pay for part-time staff to $21 (£16.31) an hour.
2023-07-26 01:45

Ron DeSantis Lays Off More Than a Third of His 2024 Campaign Staff
Florida Governor Ron DeSantis’s presidential campaign is accelerating layoffs initiated in recent weeks to cut more than a
2023-07-26 01:45

Nigerian Central Bank Raises Rates in First Test of Independence
Nigeria’s central bank extended its longest phase of monetary tightening to tame inflation, disregarding a call by President
2023-07-26 01:28

Gas prices just saw their biggest one-day increase in a year
Gas prices are going up. The national average price for regular gasoline surged by 4 cents a gallon on Tuesday to $3.64 a gallon, according to AAA.
2023-07-26 01:23

TCW to Buy Engine No. 1’s ETF Unit in First Deal for CEO Katie Koch
TCW Group, the asset manager with a long history of managing bond funds, is expanding into exchange-traded funds
2023-07-26 01:20

Billionaire Leon Black made a $158 million payment to Jeffrey Epstein. Senators want to know why
The Senate Finance Committee is looking into whether billionaire investor Leon Black's $158 million payment to disgraced financier Jeffrey Epstein was part of a greater strategy to avoid paying over $1 billion in federal gift and estate taxes.
2023-07-26 01:18

H&M sues fast fashion retailer Shein for copyright infringement
H&M has filed a lawsuit against infamous fast fashion retailer Shein for copyright infringement, according to court documents filed in Hong Kong. Hennes & Mauritz, the Swedish fashion brand more commonly known as H&M, has accused Zoetop Business Co – the Hong Kong-based entity that previously owned Shein – as well as Shein Group Ltd of copying its designs in the new lawsuit. H&M is seeking unspecified damages and an injunction to stop Shein from infringing on its copyright and trademarks. According to Bloomberg, the filing included photos of dozens of items – such as swimwear and sweaters – that H&M claimed was evidence Shein had stolen its designs. In a statement, an H&M spokesperson confirmed to Bloomberg it filed a lawsuit against Shein in Hong Kong, claiming the fast-fashion competitor “in multiple cases has infringed on our designs”. The next hearing is slated to take place July 31. More follows… Read More Fast fashion retailer Shein accused of racketeering and copyright infringement in lawsuit Chinese e-retailer Temu files lawsuit in US against rival Shein, alleging antitrust violations Italian designer launches scathing attack on Shein over ‘stolen ideas’: ‘Maybe I am the fool’
2023-07-26 00:55

UPS, Teamsters Reach Tentative Labor Deal Avoiding Strike
United Parcel Service Inc. reached a tentative agreement to renew a five-year labor contract with the Teamsters ahead
2023-07-26 00:50

Recall Alert: These Trader Joe’s Cookies May Contain Rocks
Here’s how to know whether to toss your Trader Joe’s cookies.
2023-07-26 00:21

Eni’s Renewables Arm Plenitude On Track to Meet Profit Target, Unit CEO Says
Eni SpA’s Plenitude renewables arm is on track to meet its profit target for 2023, as it prepares
2023-07-25 23:58

Bank of England policymakers weigh up 14th rate hike to tame inflation
LONDON The Bank of England is expected to raise interest rates for the 14th consecutive meeting next week
2023-07-25 23:57