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Mercedes-Benz: stabilising supply chains boost orders, subdued economy still weighs
(Reuters) - Mercedes-Benz forecast on Wednesday a subdued world economy with monetary policy weighing on consumers even as supply chain issues and energy price pressures eased, as it raised its group ...
Syndicated Content Jul 27, 2023
Renault returns to net profit in H1
(Reuters) - French car maker Renault on Thursday posted an operating margin of 7.6% for the first half year, it's highest ever, helped by cost reductions and new products. The company, whose brands in...
Syndicated Content Jul 27, 2023
Analysis-US bond investors brace for shift in market as rate peak elusive
By Davide Barbuscia and David Randall NEW YORK (Reuters) - U.S. bond investors were gauging how to navigate a prolonged period of higher interest rates that some expect to weigh on U.S. growth, after ...
Syndicated Content Jul 27, 2023
Marketmind: Soft landing swings into view
A look at the day ahead in European and global markets from Brigid Riley Is the most aggressive U.S. hiking cycle in a generation finished? After Wednesday's 25 basis point hike, markets seem to think...
Syndicated Content Jul 26, 2023
HSBC to raise prime lending rate to 5.875% after Hong Kong rate hike
HONG KONG (Reuters) - HSBC Holdings said on Thursday it is raising its best lending rate in Hong Kong by 12.5 basis points to 5.875% effective July 28 after the city's de facto central bank raised the...
Syndicated Content Jul 26, 2023
Netflix reworks Microsoft pact, lowers ad prices – WSJ
(Reuters) -Netflix is restructuring its advertising partnership with Microsoft and lowering ad prices, the Wall Street Journal reported on Thursday. Netflix has had early discussions to sell ads throu...
Syndicated Content Jul 26, 2023
China tops agenda as Biden welcomes Italy’s Meloni to Washington
By Trevor Hunnicutt and Angelo Amante WASHINGTON/ROME (Reuters) - U.S. President Joe Biden hosts Italian Prime Minister Giorgia Meloni at the White House on Thursday, with the Ukraine war and Italy's ...
Syndicated Content Jul 26, 2023
US regulators to unveil plan for banks to build cash reserves
By Pete Schroeder WASHINGTON (Reuters) - U.S. regulators are set to propose a rule that could significantly raise capital requirements for larger banks, forcing them to cut costs and retain earnings i...
Syndicated Content Jul 26, 2023
Moderate US economic growth expected in second quarter
By Lucia Mutikani WASHINGTON (Reuters) - The U.S. economy likely maintained a moderate pace of growth in the second quarter as labor market resilience underpinned consumer spending, while businesses b...
Syndicated Content Jul 26, 2023
Soccer-Champions United States held 1-1 by Dutch in World Cup thriller
By Amy Tennery WELLINGTON (Reuters) - A second-half goal from co-captain Lindsey Horan allowed the United States to fight back for a 1-1 draw against the Netherlands in a thrilling Women's World Cup G...
Syndicated Content Jul 26, 2023
Peoria, IL, USA
47 °F Mist
