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Stocks stumble as investors’ nerves show ahead of US inflation data
By Tom Westbrook SINGAPORE (Reuters) - Stocks were struggling to advance in Asia and the dollar was firm on Wednesday ahead of U.S. consumer price data that could damage hopes for interest rate cuts l...
Syndicated Content May 09, 2023
S&P says El Salvador’s debt exchange constituted default
(Reuters) - Ratings agency S&P on Tuesday said a pension debt exchange by El Salvador in April constituted a default event, but added that the new terms of the exchange also cured the default. El Salv...
Syndicated Content May 09, 2023
Virgin Australia IPO planning ‘well advanced’ – Chairman
SYDNEY (Reuters) - Planning for Virgin Australia's upcoming initial public offering is well advanced, the airline's Chairman Ryan Cotton said on Wednesday in an internal email seen by Reuters. "I can ...
Syndicated Content May 09, 2023
Australia, NZ privacy regulators launch joint probe into Latitude Group
SYDNEY (Reuters) - The privacy regulators for Australia and New Zealand said on Wednesday they had begun a joint investigation into the personal information handling practices at consumer finance firm...
Syndicated Content May 09, 2023
Faraday Future to raise $100 million in debt to resume EV deliveries
(Reuters) - Electric vehicle (EV) startup Faraday Future Intelligent Electric said on Tuesday it was raising $100 million in debt to ramp up sales of its flagship FF 91 Futurist vehicle, after it dela...
Syndicated Content May 09, 2023
Dollar softer as US debt ceiling crisis unresolved, inflation data eyed
By Rae Wee SINGAPORE (Reuters) - The dollar weakened broadly on Wednesday after U.S. President Joe Biden and top lawmakers failed to break a deadlock on the debt ceiling crisis, though currency moves ...
Syndicated Content May 09, 2023
Australian government rejects concerns budget may worsen inflation
By Renju Jose SYDNEY (Reuters) - Australia's Labor government said on Wednesday the billions in cost-of-living relief unveiled in the federal budget for families and businesses will not worsen inflati...
Syndicated Content May 09, 2023
India renews process for $10 billion semiconductor incentive scheme – Bloomberg News
(Reuters) - India plans to reopen the application process for $10 billion in incentives and assistance intended to encourage the manufacturing of chips in the country, Bloomberg News reported on Wedne...
Syndicated Content May 09, 2023
Musk says Twitter to soon allow calls, encrypted messaging
(Reuters) - Twitter Inc Chief Executive Elon Musk on Tuesday revealed details about new features including adding calls and encrypted messaging coming to the platform. Last year, Musk flagged plans fo...
Syndicated Content May 09, 2023
Oil prices edge lower after surprise build in U.S. crude, gasoline stockpiles
By Stephanie Kelly (Reuters) - Oil prices slipped in early trade on Wednesday after industry data showed a surprise build in U.S. crude stocks, while investors awaited U.S. inflation data for April th...
Syndicated Content May 09, 2023
Peoria, IL, USA
58 °F Partly cloudy
