Category Archives:
Goldman to merge investment banking, trading as Marcus takes backseat
By Saeed Azhar and Lananh Nguyen NEW YORK (Reuters) - Goldman Sachs Group Inc is expected to announce a major reorganization of its business lines on Tuesday, combining its trading and investment-bank...
Oct 17, 2022
BoE set to delay quantitative tightening until gilt markets calm -FT
(Reuters) - The Bank of England is likely to delay the sale of billions of pounds of government bonds in a bid to encourage greater stability in gilt markets following Britain's failed "mini" budget, ...
Oct 17, 2022
Chinese EV giant BYD flags huge jump in quarterly profit, shares surge
(Reuters) -BYD Co, China's biggest electric car maker, said third-quarter net profit likely more than quadrupled due to robust sales and a better product mix, sending its shares surging. It estimated ...
Oct 17, 2022
Biden administration talks with energy firms as it seeks to balance oil prices-sources
WASHINGTON (Reuters) - The Biden administration has spoken with energy companies as it considers a plan to use the Strategic Petroleum Reserve to both push down oil prices for consumers and support lo...
Oct 17, 2022
Taiwan’s Foxconn says wants its customers to sell a lot of EVs
TAIPEI (Reuters) - Taiwan's Foxconn, the world's largest contract electronics maker, said on Tuesday it was not in the business of selling its own electric vehicle brand but wanted its customers to se...
Oct 17, 2022
Asia stocks rise as relief rally builds after UK U-turn
By Ankur Banerjee SINGAPORE (Reuters) - Asia stocks nudged higher on Tuesday as the dramatic U-turn in British fiscal policy brightened investor sentiment, while the U.S. dollar took a breather at its...
Oct 17, 2022
Dollar tests 32-year peak to yen; Aussie, kiwi rise on rate bets
By Kevin Buckland TOKYO (Reuters) - The dollar hovered near a 32-year peak above 149 yen on Tuesday even as it took a breather from a rally against other major peers, with traders bracing for possible...
Oct 17, 2022
Wall Street rally throws spotlight on reports from Tesla, Netflix
By Noel Randewich (Reuters) - Investors are speculating about whether Monday's big stock surge is the start of a recovery or another pause in the market's decline, and the answer may depend in part on...
Oct 17, 2022
Oil prices steady on U.S. dollar weakness; recession fears weigh
By Laila Kearney (Reuters) - Oil prices steadied in early Asian trade on Tuesday as a weaker U.S. dollar lent support, although rising shale production and fears that stubbornly high inflation could l...
Oct 17, 2022
‘Magical’ pink dolphins rescued in Bolivia in push to boost species
By Monica Machicao LA PAZ (Reuters) - Rescuers using boats and drones worked for three days last week in a lush stretch of Bolivia's Amazon rainforest to find a pair of trapped pink river dolphins, a ...
Oct 17, 2022
Peoria, IL, USA
63 °F Overcast
