Hollywood actors poised to strike, joining writers on picket lines

(Reuters) -Negotiators for Hollywood’s actors union unanimously recommended a strike after labor talks with studios failed to yield an agreement,…

Stocks around 2023 highs as disinflation signal brings some relief

(Reuters) – Global stocks traded around their highs for the year on Thursday as investors bet that the Federal Reserve…

European stocks mixed; weak U.K. economy dilutes positive sentiment

European stock markets traded in a mixed fashion Thursday as investors digested the softer-than-expected U.S. inflation data as well as…

Australia stocks higher at close of trade; S&P/ASX 200 up 1.56%

Australia stocks were higher after the close on Thursday, as gains in the Gold, A-REITs and IT sectors led shares…

Analysis-Fall from grace: How the property crash unravelled Sweden’s SBB

(Reuters) – For hundreds of thousands of ordinary Swedes, investing in one of their country’s biggest landlords SBB was a…

Chip wars: How ‘chiplets’ are emerging as a core part of China’s tech strategy

(Reuters) – The sale of struggling Silicon Valley startup zGlue’s patents in 2021 was unremarkable except for one detail: The…

Japan stocks higher at close of trade; Nikkei 225 up 1.49%

Japan stocks were higher after the close on Thursday, as gains in the Retail, Mining and Fishery sectors led shares…

Disney extends CEO Bob Iger’s contract through 2026

(Reuters) – Walt Disney ‘s (NYSE:DIS) board on Wednesday extended Chief Executive Officer Robert Iger’s contract by two years as…

Amazon Prime Day sales rise as deep discounts tempt inflation-hit shoppers

(Reuters) – Amazon.com’s Prime Day two-day shopping event saw U.S. online sales rise nearly 6% to $6.4 billion from a…

US airline stock valuations stuck on runway despite travel boom

(Reuters) – Relentless travel demand has sent bookings at U.S. carriers soaring, translating into bumper earnings. However, their shares have…