Category Archives:
Bolsonaro’s strong showing in Brazil vote may boost markets, bankers say
By Tatiana Bautzer, Andre Romani and Camila Moreira SAO PAULO (Reuters) - Stronger-than-expected support for Brazil's President Jair Bolsonaro in the first round of a presidential election may provide...
Oct 03, 2022
Insurers may face up to $57 billion in Hurricane Ian bills- Verisk
(Reuters) - Insurers are bracing for a hit of up to $57 billion as they assess the damage to onshore property from Hurricane Ian, risk modeling firm Verisk said on Monday. The industry projection incl...
Oct 03, 2022
Shimao hires firms to conduct independent probes amid restructuring push
(Reuters) - Shimao Group said on Monday it appointed two firms to conduct independent investigations into issues raised by its previous auditor and its internal control systems, as the developer looks...
Oct 03, 2022
Nasdaq futures hobbled by Tesla weakness
By Ankika Biswas (Reuters) - The Nasdaq futures were pulled lower on Monday by a fall in Tesla shares after the electric vehicle-maker failed to meet quarterly delivery targets, although the other two...
Oct 03, 2022
Analysis-China digs deep into bag of yuan tricks to resist dollar steamroller
SHANGHAI (Reuters) - Chinese authorities have rolled out an array of tried-and-true manoeuvres in recent weeks to slow the yuan's slide, showing relative success compared with other battered currencie...
Oct 03, 2022
UK U-turn
A look at the day ahead in U.S. and global markets from Mike Dolan Policy U-turns, banking stress and electoral uncertainty marked the start of the final quarter of a torrid year for world markets - s...
Oct 03, 2022
Credit Suisse, Citi cut 2022 year-end target for S&P 500
(Reuters) - Credit Suisse and Citigroup became the latest brokerages to bring down their 2022 year-end targets for the S&P 500 index, as U.S. equity markets bear the heat of aggressive central bank ac...
Oct 03, 2022
Reducing energy waste key to meeting climate goals
By Gloria Dickie LONDON (Reuters) - Embracing decentralised power grids may be the way forward in building out renewable energy capacity to reach global climate goals, the CEO of investment firm Susta...
Oct 03, 2022
Inflation to put U.S. auto industry in low gear
(Reuters) - Major automakers are expected to report modest declines in U.S. new vehicle sales on Monday but analysts and investors are concerned that a darkening economic picture, not inventory shorta...
Oct 03, 2022
Oath Keepers founder goes on trial over U.S. Capitol riots
By Sarah N. Lynch and Chris Gallagher WASHINGTON (Reuters) - U.S. prosecutors will present their opening statements on Monday in the trial of Oath Keepers founder Stewart Rhodes and four others charge...
Oct 03, 2022
Peoria, IL, USA
88 °F Sunny
