Category Archives:
Analysis-BlackRock too green for Texas; rest of Wall Street okay – for now
By Ross Kerber and Pete Schroeder (Reuters) - Most big Wall Street firms passed a test for business as usual in Texas last week when state Comptroller Glenn Hegar kept all but BlackRock Inc. off a lis...
Aug 30, 2022
Analysis-Musk’s bold goal of selling 20 million EVs could cost Tesla billions
By Paul Lienert and Joseph White DETROIT (Reuters) - Tesla Inc Chief Executive Elon Musk has set his young company on an aggressive expansion path like no other auto executive has dreamed - but one ri...
Aug 30, 2022
First Solar pledges big U.S. factory expansion thanks to climate law
(Reuters) - First Solar Inc will spend $1.2 billion to expand its solar panel manufacturing operations in the United States, creating hundreds of jobs including with a new factory in the Southeast, th...
Aug 30, 2022
Indonesia’s GoTo seeks to raise $1 billion via convertible bonds -sources
SINGAPORE (Reuters) - Indonesia's largest tech firm, PT GoTo Gojek Tokopedia Tbk, is seeking to raise about $1 billion through a convertible bond issue, three sources familiar with the matter said on ...
Aug 30, 2022
Futures rebound after Jackson Hole shock, data eyed
(Reuters) - U.S. stock index futures rose on Tuesday after a rough start to the week on fears of aggressive rate hikes by the Federal Reserve, with investors looking ahead to consumer confidence and j...
Aug 30, 2022
Goldman warns UK inflation could top 20% as recession nears
LONDON/HONG KONG (Reuters) -Inflation in Britain could exceed 20% early next year if spiralling gas prices fail to come down, economists from U.S. investment bank Goldman Sachs warned, adding that a r...
Aug 30, 2022
Baidu beats quarterly revenue estimates
(Reuters) - China's search engine giant Baidu Inc beat quarterly revenue estimates on Tuesday, driven by a recovery in advertising sales and higher demand for its cloud products. Total revenue stood a...
Aug 30, 2022
Euro zone economic sentiment falls more than expected in Aug
BRUSSELS (Reuters) - Euro zone economic sentiment fell more than expected in August, data showed on Tuesday, dragged lower by a drop in optimism in industry and in services despite a better mood among...
Aug 30, 2022
ECB’s Lane sees euro area slowdown, does not rule out technical recession
MADRID (Reuters) - The euro zone's economy is likely to experience an economic slowdown, European Central Bank's chief economist Philip Lane said on Tuesday, adding however that he did not rule out a ...
Aug 30, 2022
Taiwan’s China Airlines to buy 16 Boeing 787s in $4.6 billion deal
(Reuters) -Taiwan's China Airlines Ltd said on Tuesday it would buy 16 Boeing Co 787 widebody planes to replace its ageing fleet of Airbus A330s following a widely-watched contest held against the bac...
Aug 30, 2022
Peoria, IL, USA
45 °F Overcast
