Category Archives:
Lahaina wildfire insured property loss to be about $3.2 billion – KCC
(Reuters) - Insured property losses from the wildfire that ravaged the resort town of Lahaina in Hawaii last week are estimated to be about $3.2 billion, catastrophe modeling firm Karen Clark & Compan...
Syndicated Content Aug 16, 2023
Futures edge up as focus shifts to Fed meeting minutes
(Reuters) - U.S. stock index futures ticked higher on Wednesday as investors awaited minutes from the Federal Reserve's July policy meeting for more cues on the path for interest rates in the world's ...
Syndicated Content Aug 16, 2023
Russia could reintroduce compulsory sale of FX revenues ‘at any moment’ -source
MOSCOW (Reuters) - Russian authorities are discussing bringing back the compulsory sale of foreign currency revenues for exporters, five sources familiar with the matter told Reuters, with one high-le...
Syndicated Content Aug 16, 2023
Explainer-Worker disputes at Australian LNG producers roil global gas market
By Sudarshan Varadhan and Lewis Jackson SINGAPORE/SYDNEY (Reuters) - Woodside Energy Group and U.S. major Chevron are locked in a dispute over pay and job security with about 700 workers at four facil...
Syndicated Content Aug 16, 2023
Jefferies hires Credit Suisse banker Gegenheimer for tech dealmaking -sources
By Milana Vinn (Reuters) - Jefferies has hired Credit Suisse investment banker Jon Gegenheimer in its latest efforts to boost its U.S. technology dealmaking franchise, according to people familiar wit...
Syndicated Content Aug 16, 2023
One year on, Biden still needs to explain his signature clean energy legislation
By Jarrett Renshaw (Reuters) - U.S. President Joe Biden on Wednesday marks the first anniversary of signing his signature clean energy legislation called the Inflation Reduction Act by leading a campa...
Syndicated Content Aug 16, 2023
Industrial output jump gives euro zone growth small boost
FRANKFURT (Reuters) - The euro zone's vast industrial sector rebounded in June, giving overall growth a small boost to end an otherwise weak quarter on a positive note, data from Eurostat showed on We...
Syndicated Content Aug 16, 2023
Norway wealth fund trims overweight tech investments
ARENDAL, Norway (Reuters) - Norway's sovereign wealth fund has recently reduced its overweight investment position in major tech firms, Chief Executive Nicolai Tangen told a press conference on Wednes...
Syndicated Content Aug 16, 2023
China’s Tencent posts smaller than expected revenue growth
By Josh Ye HONG KONG (Reuters) -China's Tencent Holdings posted a smaller-than-expected 11% rise in second-quarter revenue on Wednesday, as the country's sputtering economic recovery weighed on the so...
Syndicated Content Aug 16, 2023
Analysis-Country Garden undone by promise to bring 5-star life to China’s hinterland
By Clare Jim HONG KONG (Reuters) - China's financially beleaguered property developer Country Garden promised "five-star living" to the masses in less popular, smaller cities but focusing on those are...
Syndicated Content Aug 16, 2023
Peoria, IL, USA
47 °F Clear
