Category Archives:
German two-year bond yield hits highest since 2008
By Harry Robertson and Alun John LONDON (Reuters) - Germany's two-year bond yield jumped to its highest level since 2008 on Thursday, rising back above the peak it hit in March before jitters in the b...
Jul 06, 2023
U.S. trade deficit narrows in May on declining imports
WASHINGTON (Reuters) - The U.S. trade deficit narrowed in May, with imports of goods dropping to their lowest level since late 2021 as higher borrowing costs slow domestic demand. The trade deficit de...
Jul 06, 2023
Explaine: What is Threads? Is Twitter in danger?
By Martin Coulter LONDON (Reuters) - Meta, the company behind social media giants Facebook and Instagram, has launched its new microblogging platform Threads. WHAT IS THREADS? The new app bears a stri...
Jul 06, 2023
US weekly jobless claims rise moderately; layoffs drop in June
WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits increased moderately last week, pointing to only a gradual easing in labor market conditions. Initial claims ...
Jul 06, 2023
Explainer-Inside the opaque world of minor metals pricing
By Pratima Desai LONDON (Reuters) - China's abrupt announcement this week that it will restrict exports of some germanium and gallium products from Aug. 1 is expected to disrupt global supply chains f...
Jul 06, 2023
Fed’s Logan says more rate hikes needed amid unexpected economic strength
By Michael S. Derby NEW YORK (Reuters) - Federal Reserve Bank of Dallas President Lorie Logan said Thursday that there was a case for a rate rise at the June policy meeting, in comments that affirmed ...
Jul 06, 2023
Canada posts surprise May trade deficit as imports surge
OTTAWA (Reuters) - Canada recorded a surprise trade deficit in May as energy and grains dragged down exports, while unwrought precious metals as well as motor vehicles contributed to a surge in import...
Jul 06, 2023
Meta’s Threads is a true threat to Musk-owned Twitter, analysts say
By Aditya Soni (Reuters) - Meta's Threads could quickly become a major threat to Elon Musk-owned Twitter, thanks to its easy access to billions of Instagram users, a similar interface to that of its r...
Jul 06, 2023
Thermo Fisher Scientific to acquire CorEvitas for $912 million
(Reuters) - Thermo Fisher Scientific Inc said on Thursday it would acquire data intelligence company CorEvitas from Audax Private Equity for $912.5 million in cash. Massachusetts-based CorEvitas is a ...
Jul 06, 2023
CATL touts breakthrough in cold-weather EV charging
SHANGHAI (Reuters) - Chinese battery maker CATL said on Thursday it has developed new materials for lithium-ion batteries that would sharply improve charging efficiency for electric vehicles, especial...
Jul 06, 2023
Peoria, IL, USA
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