Category Archives:
IMF: Russia’s war spending fuels short-term growth, longer-term outlook ‘dim’
By Alexander Marrow (Reuters) - Huge fiscal spending on the military is fuelling short-term economic growth in Russia, but looking at the longer term picture the outlook is "dim", the International Mo...
Oct 13, 2023
Canadian home sales fall for 3rd month; CREA lowers full-year forecast
By Fergal Smith TORONTO (Reuters) -Canadian home sales fell for a third straight month in September and the industry group that produces the data downgraded its forecast for the full year, anticipatin...
Oct 13, 2023
Major US banks show profit boost, but cautious on outlook, consumer health
NEW YORK (Reuters) - Major U.S. banks on Friday reported rising profits from higher interest rates on loans, but warned the economy was slowing as customers depleted their savings. JPMorgan's profit j...
Oct 13, 2023
Canada’s top court rules environmental impact law is largely unconstitutional
OTTAWA (Reuters) - Canada's Supreme Court on Friday ruled a federal law assessing how major infrastructure projects like pipelines impact the environment is largely unconstitutional, a decision that w...
Oct 13, 2023
Global market reaction to a week of war in Israel
By Marc Jones LONDON (Reuters) - Below are five charts showing the volatile response of global financial markets to this week's war between Israel and Hamas. 1/TAKING STOCK MSCI's main world stocks in...
Oct 13, 2023
US SEC to finalize rules increasing transparency of short selling market
By Douglas Gillison (Reuters) - The U.S. Securities and Exchange Commission is set on Friday to adopt new rules that will increase transparency of short-selling, the controversial practice of betting ...
Oct 13, 2023
Madonna greatest hits tour to feature 40 songs and a ‘time machine’
By Marie-Louise Gumuchian LONDON (Reuters) - Four of her children on a stage inspired by the grid of Manhattan, 80 tons of production equipment, more than 40 songs and a "time machine" - Madonna's car...
Oct 13, 2023
US to allow Samsung, SK Hynix to ship certain products to China
WASHINGTON (Reuters) - The United States on Friday gave permission for SK Hynix and Samsung to supply their China plants with certain U.S. chipmaking tools, the Commerce Department said in a statement...
Oct 13, 2023
World Bank, multilateral development banks jointly seek to boost lending power
MARRAKECH, Morocco (Reuters) - The World Bank on Friday said it is bolstering collaboration with nine multilateral development banks (MDBs) to accelerate its vision of a liveable planet free of povert...
Oct 13, 2023
US equity funds suffer outflows amid rate worries, Middle East conflict
(Reuters) - U.S. equity funds suffered substantial outflows in the week ending Oct. 11, driven by concerns over persistent higher U.S. interest rates and escalating geopolitical tensions in the Middle...
Oct 13, 2023
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