[ad_1] 2/2 © Reuters. FILE PHOTO: A supply employee sporting a protecting masks rides an electrical scooter throughout a avenue forward of Alibaba’s Singles’ Day procuring pageant, following a coronavirus illness (COVID-19) outbreak in Shanghai, China, November 10, 2022. REUTERS/Aly Son 2/2 BEIJING (Reuters) -Chinese language customers clutched their wallets tight on this 12 months’s Singles Day and continued in search of comparatively economical dwelling manufacturers over pricier costly labels, as strict COVID-19 curbs and financial uncertainty weighed on the procuring extravaganza. From the night of Oct. 31 by Thursday, greater than 2,000 gadgets generated gross sales exceeding 10 million…
Author: Reuters
[ad_1] © Reuters. FILE PHOTO: FTX brand is seen on this illustration taken, November 8, 2022. REUTERS/Dado Ruvic/Illustration//File Photograph By Summer time Zhen, Vidya Ranganathan and Elizabeth Howcroft HONG KONG/SINGAPORE/LONDON (Reuters) -FTX was engulfed in additional chaos on Saturday when the crypto trade mentioned it had detected unauthorized entry and analysts mentioned lots of of hundreds of thousands of {dollars} of property had been moved from the platform in “suspicious circumstances”. FTX filed for chapter on Friday, one of many highest profile crypto blowups, after merchants rushed to withdraw $6 billion from the platform in simply 72 hours and rival…
[ad_1] © Reuters. FILE PHOTO: Medics are likely to coronavirus illness (COVID-19) sufferers on the Intensive Care Unit (ICU) of Alexandrovska hospital in Sofia, Bulgaria, January 29, 2022. REUTERS/Stoyan Nenov/File Picture By Nancy Lapid (Reuters) – The chance of demise, hospitalization and severe well being points from COVID-19 jumps considerably with reinfection in contrast with a primary bout with the virus, no matter vaccination standing, in line with a research printed on Thursday. “Reinfection with COVID-19 will increase the chance of each acute outcomes and lengthy COVID,” mentioned Dr. Ziyad Al-Aly of Washington College Faculty of Drugs in St. Louis.…
[ad_1] 2/2 © Reuters. FILE PHOTO: Employees deal with beauty merchandise at Natura’s distribution heart in Sao Paulo, Brazil December 19, 2019. REUTERS/Amanda Perobelli/File Picture 2/2 (Reuters) -Brazilian cosmetics maker Natura & Co Holding SA on Wednesday posted a 3rd straight quarterly loss and stated it was scrapping beforehand given monetary targets because it deepens its restructuring efforts. Hit exhausting by slumping shopper demand globally as excessive inflation bites, the proprietor of the Natura, Avon, Aesop and the Physique Store manufacturers logged a internet lack of 559.8 million reais ($108 million) within the quarter ended September. That compares with a…
[ad_1] © Reuters. FILE PHOTO: A Cathay Pacific plane takes off on the airport, throughout the coronavirus illness (COVID-19) pandemic in Hong Kong, China, March 31, 2022. REUTERS/Tyrone Siu (Reuters) – Hong Kong’s Cathay Pacific Airways (OTC:) Ltd mentioned on Wednesday that long-serving government Ronald Lam would take over as chief government from Jan. 1, with present boss Augustus Tang set to retire, because the pandemic-hit airline rebuilds capability. Lam, 50, who joined Cathay in 1996, was beforehand the airline’s chief buyer and industrial officer and considered by analysts because the almost certainly successor to Tang, 64, at an airline…
[ad_1] © Reuters. FILE PHOTO: SpaceX Chief Engineer Elon Musk gestures throughout a joint information convention with T-Cellular CEO Mike Sievert on the SpaceX Starbase, in Brownsville, Texas, U.S., August 25, 2022. REUTERS/Adrees Latif/File Picture WASHINGTON (Reuters) – Twitter proprietor Elon Musk, the world’s richest man, on Monday advisable that voters decide Republican candidates for the U.S. Congress in Tuesday’s midterm election. “To independent-minded voters: Shared energy curbs the worst excesses of each events, due to this fact I like to recommend voting for a Republican Congress, on condition that the presidency is Democratic,” Musk mentioned on Twitter. [ad_2] Source…
[ad_1] © Reuters. FILE PHOTO: Moist powder tobacco “snus” cans are seen on cabinets at a Swedish Match retailer in Stockholm, Sweden October 24, 2018. Image taken October 24, 2018. REUTERS/Anna Ringstrom By Marie Mannes (Reuters) – Marlboro maker Philip Morris Worldwide (NYSE:) (PMI) overcame some opposition to clinch 83% of Swedish Match, wanting the 90% it needed however sufficient to persuade it to press on with a $16 billion deal that can reduce its publicity to cigarettes. PMI had beforehand stated it might drop its bid if it didn’t attain the 90% threshold at which it could actually begin…
[ad_1] © Reuters. FILE PHOTO: Merchants work on the ground of the New York Inventory Alternate (NYSE) in New York Metropolis, U.S., September 9, 2022. REUTERS/Brendan McDermid By Amruta Khandekar (Reuters) -Wall Road’s most important indexes slipped in uneven commerce on Friday as traders digested a combined jobs report that had lifted hopes of the Federal Reserve shifting to smaller price hikes sooner or later. The and the Nasdaq every rose as a lot as 2% after a intently watched report confirmed an uptick within the unemployment price in October, pointing to some cooling within the labor market that would…
[ad_1] © Reuters. FILE PHOTO: An organization emblem is pictured on the headquarters of Germany’s Commerzbank AG in Frankfurt, Germany, February 13, 2020. REUTERS/Ralph Orlowski/File Picture BERLIN (Reuters) – Commerzbank (ETR:) can pay workers an inflation compensation bonus of as much as 2000 euros ($1,985) in December, Handelsblatt reported on Friday, citing an inside memo it had seen, with these on decrease salaries set to profit essentially the most. Personnel chief Sabine Schmittroth mentioned within the memo that workers, for instance in name centres, who weren’t coated by collective bargaining agreements would get 2000 euros, trainees 1,000 euros, and folks…
[ad_1] By Kantaro Komiya and Hyonhee Shin TOKYO/SEOUL (Reuters) -North Korea fired a number of ballistic missiles on Thursday, together with a attainable failed intercontinental ballistic missile (ICBM) that triggered an alert for residents in elements of central and northern Japan to hunt shelter. Regardless of an preliminary authorities warning {that a} missile had overflown Japan, Tokyo later stated that was incorrect. Officers in South Korea and Japan stated the missile could have been an ICBM, that are North Korea’s longest-range weapons, and are designed to hold a nuclear warhead to the opposite aspect of the planet. South Korean officers…