Category Archives:
French retailer Casino selling down stake in Brazil’s Assai
PARIS (Reuters) -Casino on Tuesday launched a sale of shares in Brazilian supermarket chain Assai as the French supermarket operator presses on with cutting its debt. Casino said it would be selling 1...
Syndicated Content Mar 14, 2023
Broker TP ICAP hikes dividend as annual profit surges on market volatility
(Reuters) - TP ICAP hiked its dividend payout on Tuesday after the world's biggest inter-deal broker reported a nearly five-fold rise in its annual profit, underpinned by volatile trading in stocks an...
Syndicated Content Mar 14, 2023
Volkswagen to invest $193 billion over 5 years to help meet EV target
By Victoria Waldersee BERLIN (Reuters) - Volkswagen plans to invest 180 billion euros ($192.76 billion) over the next five years in areas including battery production and its North American operations...
Syndicated Content Mar 14, 2023
Cryptoverse: New breed of bitcoin NFTs sell for millions
By Lisa Pauline Mattackal and Medha Singh (Reuters) - Imagine digitally inscribing 3D images of objects such as multi-colored spheres onto a tiny fragment of bitcoin. Then imagine selling them for $16...
Syndicated Content Mar 14, 2023
Are they for real? South Korean girl band offers glimpse into metaverse
By Hyunsu Yim SEOUL (Reuters) - Less than two months ago, the first music video by South Korean girl quartet MAVE: went viral, racking up nearly 20 million views on YouTube and setting the stage for p...
Syndicated Content Mar 14, 2023
Analysis-US bank regulators may take wait-and-see approach before intervening again
By Pete Schroeder, Douglas Gillison and Hannah Lang WASHINGTON (Reuters) - U.S. regulators are likely to let emergency measures announced Sunday to shore up investor confidence in the banking sector s...
Syndicated Content Mar 14, 2023
Analysis-SVB collapse unleashes Treasury volatility, whiplashing investors
By Carolina Mandl NEW YORK (Reuters) - Extreme volatility is rattling U.S. Treasury markets in the wake of Silicon Valley Bank's collapse and investors fear a prolonged bout of gyrations before calm r...
Syndicated Content Mar 14, 2023
Analysis-Some U.S. banks facing stock rout may need to seek partners
By Nupur Anand, Tatiana Bautzer and David French NEW YORK (Reuters) - Some U.S. regional banks are under pressure after the collapse of two lenders within days, with industry executives and advisers s...
Syndicated Content Mar 13, 2023
A new surprise for U.S. savers: Turn 529s into retirement money
By Chris Taylor NEW YORK (Reuters) - When financial planner Larry Pon started reading about the SECURE 2.0 Act that overhauls retirement saving, he was shocked at the provision about college funds. "H...
Syndicated Content Mar 13, 2023
US expected to report strong consumer price increases in February
By Lucia Mutikani WASHINGTON (Reuters) - U.S. consumer prices likely rose at a solid pace in February amid sticky rental housing costs, but economists are divided on whether the data will be enough to...
Syndicated Content Mar 13, 2023
Peoria, IL, USA
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