Category Archives:
Gaming platforms FlickPlay, The Sandbox take steps toward metaverse
By Sheila Dang (Reuters) - Gaming companies FlickPlay and The Sandbox announced a new partnership on Monday that will allow players to use a blockchain asset on both platforms, representing a key step...
Apr 18, 2022
Bank of America beats profit estimates on strength in consumer lending
(Reuters) -Bank of America Corp beat estimates for first-quarter profit on Monday, as strong growth in its consumer lending business helped offset a hit from a slowdown in global deal-making. The bank...
Apr 18, 2022
Global bond funds see big outflows in week to April 13
(Reuters) - Global bond funds witnessed massive money outflows in the week to April 13, as investors were worried that the Federal Reserve would start tightening its policy more aggressively to contai...
Apr 18, 2022
Analysis-Ukraine-related price jolts threaten Cuba’s already tepid recovery
By Marc Frank HAVANA (Reuters) - The Russian invasion of Ukraine is making Cuba's three-year-old foreign exchange crisis worse as import costs jump, undermining an incipient recovery and threatening m...
Apr 18, 2022
CEO steers electric truck startup Rivian through supply chain twilight zone
By Joseph White NORMAL, Ill. (Reuters) - Rivian Automotive Inc CEO R.J. Scaringe needs to sell a lot more electric vans and pickup trucks to boost a beaten down stock price and fund his ambitious long...
Apr 18, 2022
U.S. banks’ commodity trading exposures rise on Russia conflict
By Matt Scuffham NEW YORK (Reuters) - Wall Street banks' commodities trading exposures are rising, which could leave them vulnerable to large swings in asset values following Russia's invasion of Ukra...
Apr 18, 2022
Explainer-How will Twitter’s board handle Elon Musk?
(Reuters) - Many investors, analysts and investment bankers expect Twitter Inc's board of directors to reject Elon Musk's $43 billion acquisition offer in the coming days as inadequate, but how would ...
Apr 18, 2022
Indian bond yields off session highs on short-covering; rupee near 1-month low
By Swati Bhat MUMBAI (Reuters) - The Indian rupee dropped on Monday to its lowest in nearly a month against the dollar, tracking losses in the stock market and weighed by sharp gains in global crude o...
Apr 18, 2022
Russia faces economic upheaval, two years to return to inflation target – Nabiullina
(Reuters) - Russia's economy cannot survive indefinitely on its financial reserves and will have to transform itself to deal with the impact of international sanctions, Central Bank Governor Elvira Na...
Apr 18, 2022
Rouble hovers near 80 vs dollar, stocks down
(Reuters) - The rouble hovered around the 80 mark against the dollar on Monday, while stock indexes inched lower as the market lacked new momentum and watched developments around what Russia calls "a ...
Apr 18, 2022
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