Category Archives:
Megacap stocks lose ground as yields rise, economic data awaited
By Ankika Biswas (Reuters) - U.S. stock index futures fell on Wednesday ahead of key economic data as rising Treasury yields spurred selling in megacap growth stocks, with recession fears from aggress...
Oct 05, 2022
Lawmakers press U.S. Commerce for tougher checks on semiconductor chip subsidies
By David Shepardson WASHINGTON (Reuters) - A group of Democratic lawmakers wants the U.S. Commerce Department to take additional steps to ensure semiconductor companies do not use government subsidies...
Oct 05, 2022
Amazon makes first venture fund bets with $150 million for underrepresented founders
By Jeffrey Dastin (Reuters) - Amazon.com Inc is investing in outside venture capital funds for the first time, saying on Wednesday it planned to hand $150 million to firms that are backing underrepres...
Oct 05, 2022
Atlantia’s board deems Benetton-Blackstone’s takeover offer fair
MILAN (Reuters) - Italy's infrastructure group Atlantia regards the share price in the tender offer announced by Edizione and Blackstone as fair from a financial point of view, it said on Wednesday. I...
Oct 05, 2022
WTO sees sharp slowdown in global trade growth in 2023
GENEVA (Reuters) - The World Trade Organization forecast a sharp slowdown of global goods trade growth next year as spiralling energy prices, rising interest rates and higher bills for food and fertil...
Oct 05, 2022
French actresses cut hair in protest over Mahsa Amini’s death
By Geert De Clercq PARIS (Reuters) - Leading French actresses including Juliette Binoche and Isabelle Huppert have cut locks of hair in protest over the death of Mahsa Amini, the young Iranian woman w...
Oct 05, 2022
Cargill aims to boost ships’ use of biofuel, methanol to cut emissions
SINGAPORE (Reuters) - Cargill Inc seeks to boost its use of biofuels in a bunkering trial and plans to order methanol-fuelled ships as part of its plans to cut emissions, a senior executive of the glo...
Oct 05, 2022
About 30,000 passengers likely to be affected by Eurowings pilot strike
BERLIN (Reuters) - About 30,000 passengers will likely be affected by a one-day strike by pilots at Eurowings on Thursday, said Lufthansa's budget airline, which added that it was doing everything it ...
Oct 05, 2022
Fed’s delayed inflation fight sparks fears of a policy overcorrection
By Howard Schneider WASHINGTON (Reuters) - Faced with mounting evidence that loose U.S. monetary policy contributed to the breakout of inflation last year, the Federal Reserve now faces the risk it ju...
Oct 05, 2022
Marketmind: Not so fast
A look at the day ahead in United States and global markets from Mike Dolan U-turns are clearly in the air this week, with Elon Musk's volte face on buying Twitter on Tuesday following Britain's top r...
Oct 05, 2022
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