Category Archives:
Fed’s Bullard favors 75 basis point hike in July over 100 for now – Nikkei
(Reuters) - St. Louis Federal Reserve President James Bullard would prefer to lift interest rates by 75 basis points at the central bank's next meeting later this month, telling the Japanese news serv...
Jul 14, 2022
U.S. Senate eyes vote as soon as Tuesday on China chip competition bill -source
WASHINGTON (Reuters) - U.S. Senate Majority Leader Chuck Schumer has been telling senators to expect voting to begin as early as Tuesday on a bill designed to increase U.S. competitiveness with China ...
Jul 14, 2022
U.S., Mexico announce resolution to Panasonic plant labor dispute
WASHINGTON (Reuters) -The United States and Mexico announced a resolution to a dispute at a Panasonic plant in Mexico, with the company saying it would renounce an agreement with a union that lacked l...
Jul 14, 2022
UK’s Aston Martin to raise over 500 million pounds via Saudi fund, rights issue – FT
(Reuters) - Aston Martin is closing in on a deal to raise over 500 million pounds ($589.30 million) by bringing in Saudi Arabia's sovereign wealth fund as a major shareholder and launching a rights is...
Jul 14, 2022
IMF says China needs more fiscal, monetary support to fight COVID slowdown
By David Lawder WASHINGTON (Reuters) -The International Monetary Fund said on Thursday that China needs to add more fiscal and monetary policy support to combat an economic slowdown brought on by cont...
Jul 14, 2022
Central banks rapidly shift gears in bid to stem inflation tidal wave
By Lindsay Dunsmuir (Reuters) - Central bankers around the world are scrambling to adjust to stubbornly high inflation at risk of getting further out of hand and forcing stronger policy actions that i...
Jul 14, 2022
Factbox-Extracts from court documents in LME nickel legal case
LONDON (Reuters) - Hedge fund Elliott Associates and Jane Street Global Trading JSGT) are seeking to sue the London Metal Exchange (LME) for a combined $472 million after the LME cancelled nickel trad...
Jul 14, 2022
Hedge fund Elliott, Jane Street invoke Human Rights in LME nickel lawsuit
By Kirstin Ridley and Pratima Desai LONDON (Reuters) - U.S. hedge fund Elliott Associates and Jane Street Global Trading are invoking the Human Rights Act as they seek to sue the London Metal Exchange...
Jul 14, 2022
U.S. oil mergers drop to $12 billion as volatility limits deals
By Laila Kearney NEW YORK (Reuters) - U.S. oil and gas dealmaking fell to $12 billion last quarter, down from the first quarter and nearly a third of the $34.8 billion in the same period a year ago, a...
Jul 14, 2022
Tesla moves to push lawsuit over mass layoffs out of court
By Daniel Wiessner (Reuters) - Tesla Inc on Thursday asked a U.S. court to dismiss a lawsuit claiming the electric car maker violated federal law by laying off hundreds of workers without advance noti...
Jul 14, 2022
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