Category Archives:
China regulator talks to investment banks to calm market jitters – sources
HONG KONG (Reuters) - China's Securities and Regulatory Commission (CSRC) on Wednesday night held a meeting with executives of top global investment banks with an aim to calm financial markets nerves,...
Jul 28, 2021
Judge revokes pre-trial release of former Virginia cop facing Jan 6 charges
By Mark Hosenball WASHINGTON (Reuters) - A federal judge on Wednesday ordered pre-trial detention of a former Virginia police officer who had 34 firearms on order at a gun dealership months after his ...
Jul 28, 2021
U.S. Senate approves union lawyers to NLRB, giving Democrats control
By Daniel Wiessner and David Shepardson WASHINGTON (Reuters) - The U.S. Senate on Wednesday confirmed union lawyers Gwynne Wilcox and David Prouty to seats on the National Labor Relations Board, pavin...
Jul 28, 2021
Powell says Fed likely to taper asset purchases ‘at the same time’
WASHINGTON (Reuters) - The Federal Reserve will likely reduce its monthly purchases of mortgage-backed securities and Treasuries simultaneously when it is time to pare back its support for the U.S. ec...
Jul 28, 2021
Robinhood, gateway to ‘meme’ stocks, raises $2.1 billion in IPO-source
By Echo Wang (Reuters) - Robinhood Markets Inc, the owner of the trading app which emerged as the go-to destination for retail investors speculating on this year's 'meme' stock trading frenzy, raised ...
Jul 28, 2021
Infrastructure deal overcomes hurdle to advance in U.S. Senate
WASHINGTON (Reuters) - A bipartisan infrastructure package of roughly $1 trillion received the 60 votes necessary to advance in the 100-seat U.S. Senate on Wednesday, passing a key milestone that move...
Jul 28, 2021
Samsung Elec says demand for chips to remain strong after Q2 profit rises
By Joyce Lee and Heekyong Yang SEOUL (Reuters) -Samsung Electronics Co Ltd said on Thursday it expects favourable market conditions for its component business in the second half of the year, after ann...
Jul 28, 2021
Lloyd’s of London plans electric vehicle, hydrogen insurance in climate change fight
LONDON (Reuters) - Lloyd's of London plans to develop insurance products for electric vehicles and hydrogen as part of its efforts to fight climate change, the specialist insurance market said on Thur...
Jul 28, 2021
UK car output up a third after slump but sector warns of chip shortage
By Costas Pitas LONDON (Reuters) - British car production rose by nearly a third in the first half of 2021 from last year's slump, but remained down on the five-year average as the sector warned that ...
Jul 28, 2021
SoftBank sells 45 million shares in Uber – source
By Echo Wang (Reuters) - SoftBank is selling about 45 million of its shares in Uber Technologies Inc, a source familiar with the matter told Reuters on Wednesday. Uber shares were down 4.6% at $44 in ...
Jul 28, 2021
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