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Futures fall as weak China data sparks slowdown fears
(Reuters) - U.S. stock index futures fell on Monday, taking cues from global markets, after weak economic data from China rekindled fears of an economic slowdown in the world's second-largest economy....
Syndicated Content Aug 15, 2022
S&P pushes Sri Lankan bonds deeper into junk territory with ‘default’ rating
(Reuters) - Global ratings agency S&P Global on Monday slashed its rating on Sri Lankan bonds to 'D', representing default, following missed interest and principal payments. The South Asian nation, wh...
Syndicated Content Aug 15, 2022
Chinese NYSE delistings could pave way for audit deal with U.S., analysts say
By Scott Murdoch, Kane Wu and Xie Yu HONG KONG (Reuters) - The move to delist five Chinese state-owned enterprises (SOEs) from the New York Stock Exchange (NYSE) could pave the way for Beijing to stri...
Syndicated Content Aug 15, 2022
As Fed warns of turbulence ahead, markets remove their seat belts
By Howard Schneider WASHINGTON (Reuters) - The Federal Reserve's hawkish message on inflation registered quickly in U.S. housing markets this summer as mortgage rates shot up and home sales slowed. Bu...
Syndicated Content Aug 15, 2022
Hong Kong audit watchdog expands probe into Evergrande’s unit
HONG KONG (Reuters) - Hong Kong's audit regulator said on Monday it has initiated an enquiry into the financial statements of China Evergrande Group's property services unit and its former auditor aft...
Syndicated Content Aug 15, 2022
Factbox – Why low water levels on the Rhine river hurt Germany’s economy
BERLIN (Reuters) - Water levels on the Rhine river are very low because of unusually hot and dry weather, preventing many vessels from navigating the critical European shipping route fully loaded. Her...
Syndicated Content Aug 15, 2022
A new model to help refugees built for Afghans, adapts to support Ukrainians
By Sofia Ahmed DURHAM, New Hampshire (Reuters) - Since July, Dmitry Vorobiova, 39, his partner Olena, 36, and their dog have been living with 64-year-old Michael Glover, a software engineer who had ex...
Syndicated Content Aug 15, 2022
Exclusive-Kimmeridge builds stake in California Resources to push for changes-sources
By David French (Reuters) - Kimmeridge Energy Management Company LLC has amassed a stake in California Resources Corp and is pushing the oil and gas producer to make changes that include selling some ...
Syndicated Content Aug 15, 2022
Marketmind: Chill from the East
(Reuters) - A look at the day ahead in U.S. and world markets by Mike Dolan. The world's second and third largest economies - generating more than a quarter of global output - appear to be spluttering...
Syndicated Content Aug 15, 2022
Newly-launched U.S. drugs head toward record-high prices in 2022
By Deena Beasley (Reuters) - Drugmakers are launching new medicines at record-high prices this year, a Reuters analysis has found, highlighting their pricing power even as Congress moves to cut the $5...
Syndicated Content Aug 15, 2022
Peoria, IL, USA
75 °F Partly cloudy
